Pinwan, July 1, according to Jiemian News citing Reuters, Meta Platform is preparing for a company streamlining in the second half of this year, as macroeconomic pressures and data privacy protections hit its advertising business.
Additionally, Meta has lowered its target for hiring engineers in 2022 to about 6,000-7,000, down from its original plan of about 10,000. Meta’s chief product officer wrote in the memo, which appeared on Workplace, the company’s internal discussion forum, that the company must “prioritize more ruthlessly” and “operate leaner, meaner, and more effective teams.” .
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- 2022-06-30 Meta downgrades engineer hiring in preparation for a streamlined second half
- 2022-05-23 Meta CEO Zuckerberg indicted over data breach decision
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