Meta has scaled back its hiring plans and is “turning up the heat” on underperforming employees as the firm prepares for a “deep economic downturn.”
As reported by the Reuters news agency, Mark Zuckerberg, CEO of the company previously known as Facebook, told staff in a weekly Q&A: "If I had to bet, I'd say that this might be one of the worst downturns that we've seen in recent history”.
£5 a month for the first three months*
Join our growing community of forward thinking HR leaders and get unlimited access to the full archive, as well as exclusive reports, how-tos, deep dives, and video interviews.
* Billed via Credit/Debit card at £5 a month for the first three months, then £27.99 per month.
One time use only. New customers only. Offer expires at 11:59pm Sunday 29th January 2023.
One time use only. New customers only. Offer expires at 11:59pm Sunday 29th January 2023.
