Zuckerberg Confirms Meta Is Downsizing, Cutting Team Budgets
Meta will downsize as it freezes hiring and reorganizes its teams, CEO Mark Zuckerberg confirmed to employees in a weekly Q&A session held on Thursday.
Meta will end the year as a “somewhat smaller” organization, the CEO said, according to a Bloombergreport based on a source who attended the event.
“For the first 18 years of the company, we basically grew quickly basically every year, and then more recently our revenue has been flat to slightly down for the first time,” Zuckerberg reportedly told staff. “I had hoped the economy would have more clearly stabilized by now, but from what we’re seeing it doesn’t yet seem like it has, so we want to plan somewhat conservatively.”Read More
- September 30, 2022
- By Karlene Lukovitz
- Source: www.mediapost.com
Diverse Teams Are Needed to Save the PlanetNovember 18, 2022 www.wired.com
‘Roofie robber’ spree turns deadly as 2 killed in NYC drugging attacks on gay menNovember 18, 2022 nypost.com
The Next Wave of the Opioid Epidemic Is Killing Black Men￼￼November 18, 2022 www.menshealth.com
Wimbledon will allow women to wear colored undershorts, in nod to period concernsNovember 18, 2022 www.npr.org
Disability Advocates Fear Republican House Takeover: ‘We Are Still Very Much In Danger’November 18, 2022 news.yahoo.com
8 disabled influencers from different ethnic minority groupsNovember 18, 2022 disabilityhorizons.com