Friday, September 30, 2022

Meta to Freeze Hiring to Cut Costs Following First Quarterly Revenue Drop, Plunging Profit: Report

Meta CEO Mark Zuckerberg has reportedly informed the company's employees during a weekly all-hands meeting that the company will freeze hiring to cut costs, amid rough economic conditions, according to a report by The Wall Street Journal that states the company wants to cut expenses by at least 10 percent. Back in July, Zuckerberg reportedly told employees that the co...

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