Facebook-turned-Meta Platforms Inc (NASDAQ: META ) CEO Mark Zuckerberg told employees in late-June that the company plans to reduce its hiring target for engineers from 10,000, to between 6,000-7,000 amid the market downturn.
"If I had to bet, I'd say that this might be one of the worst downturns that we've seen in recent history," Zuckerberg told Meta staff members in a weekly employee Q&A session.
Meta Platforms stock is down near 50% year-to-date.
More than that, Zuckerberg found a unique way to make the staff ...
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