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Meta Announces Hiring Freeze, Warns Employees of Restructuring

Por: Time Business September 30, 2022

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Meta Platforms Inc., the owner of Facebook and Instagram, said it will freeze hiring and restructure some teams in an effort to cut costs and shift priorities, putting an end to the social media giant’s years of rapid growth and expansion. Chief Executive Officer Mark Zuckerberg announced the company’s freeze on Thursday during a weekly Q&A session with employees, according to a person in attendance. He added that the company would reduce... + full article



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