Facebook Announces Layoffs, Hiring Freezes and Jobs Rescinded - Stocks Slump - Recession 2022

the 2022 recession hiring freeze as this is the latest evidence advertising revenue growth for the social media giant is slowing.

Please Support our operation http://buymeacoffee.com/silverreport
send support via paypal http://paypal.com/me/silverreport
or cash app at my cashtag $silverreport
http://Instagram/silverreportuncut
for everything sales subscribe to
http://youtube.com/c/irongripprofits
subscribe today https://rumble.com/c/SilverReportUncut
check out new episodes on the original Silver Report
http://youtube.com/c/silverreport
Follow every creature ministry
http://youtube.com/c/everycreaturemin...
get paid to watch this SRU channel
http://bit.ly/odyseesru
Telegram http://t.me/silverreport

Support via Bitcoin,

BTC only at this address! 3PUfhrLMcfNX42pbNjc76z7Y7a9a44ofMm
contact us for more options here https://wa.me/message/LBCYLUQBZKR4A1

As advertising revenue growth stalls, Meta Platforms Inc., the owner of Facebook and Instagram, told employees that it plans to implement a hiring freeze and restructure employee teams in the latest effort to trim costs, the 2022 recession continues to intensify reported Bloomberg.

A person in attendance during a company Q&A session said CEO Mark Zuckerberg announced the hiring freeze as this is the latest evidence advertising revenue growth for the social media giant is slowing. There's also the concern about waning activity among users.

"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 told staff Thursday.

"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," he added.

Last week, Meta began quietly cutting staff by reorganizing departments while giving 'reorganized' employees the ability to apply for other roles within the company, according to WSJ.

facebook hiring freezes - hiring freeze and mass layoffs | recession in 2022 | tech hiring in india. top tech companies facing hiring freezes, layoffs amid effort to cut costs.
tech sector's hiring freezes. tech industry hiring freeze | fox 13 seattle.

zuckerberg announces hiring freeze at meta. 🔴 layoffs, hiring freezes and jobs rescinded - what you need to know!

yahoo finance anchors david briggs rachelle akuffo and seana smith report tech companies like uber and facebook are turning to cost-cutting measures like hiring freezes and layoffs.
facebook stopped hiring?!