Saturday 1 October 2022 01:30 AM Mark Zuckerberg tells workers Meta will freeze hiring and 'steadily reduce ... trends now
Saturday 1 October 2022 01:30 AM Mark Zuckerberg tells workers Meta will freeze hiring and 'steadily reduce ... trends now
Mark Zuckerberg tells Meta workers that he will freeze hiring and warns company will 'steadily reduce headcount growth' during the next year Facebook and Instagram owner Meta announced a freeze on hiring new staff Mark Zuckerberg said it would 'restructure' after 60 per cent decline in past year Company is aiming to cut costs by 10% due to its advertising business struggling Zuckerberg's personal fortune has nosedived to £44billion, a third of last year
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Facebook owner Meta has announced a freeze on hiring new staff amid plans to cut costs by at least 10 per cent in the coming months.
Mark Zuckerberg, who founded the social media giant, said the group would 'further restructure' due to its struggling advertising business.
Meta, which also owns WhatsApp and Instagram, has lost nearly 60 per cent of its