Facebook parent company Meta recently suffered a historic decline for the first time. The company then began to reconsider its expansion plans. According to the plans, Meta will reach a certain point in 2022. to the recruitment goal he had. However, according to the latest news, this situation will not be as expected.
According to executives on Wednesday Metawhich will almost certainly affect many teams in the company. ‘Facebook recruitment freezeannounced the. Stating to the employees that there are many factors behind the decision, the company said that the first of them was Apple. Application Tracking Transparency (ATT) feature said that.
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Meta offered four different reasons for slowing hiring plans
According to a report, a memo sent by Meta to all employees has emerged. Financial director of the company David Wehnerthe company wrote in the letter, “he needs to reconsider his priorities and make some tough decisions about which projects to pursue in both the short and medium term.“He stated that it should. Also within the note are four factors responsible for slowing revenue growth and rising costs. These are as follows:
- Signal loss from iOS changes (ATT).
- war in Ukraine.
- “The overall macroeconomic environment.”
- Easing lockdowns is causing people to spend less time online.
This note from Wehner states that Meta is Apple’s ATT problems with the company rather than harming the company. to small businesses makes it clear that it’s about harm. The note includes the following words:
We’re facing headwinds, including slower-than-expected revenue growth at the start of the year. This is due to a number of factors, including signal loss from iOS changes, business difficulties from the war in Ukraine, and the overall macroeconomic environment.
Besides, global hiring chief Miranda Kalinowski, of meta of engineers He sent a note stating that he would immediately freeze his hiring. This note includes the following words:
We’re still trying to figure out what this means for each organization, but this will impact recruiting goals for almost every team across the company. Based on this revised guideline, we know we need to thoroughly set our recruiting goals.
So, what do you think about this accusation of Meta? Do you think he is right? You can share your views in the comments or on the SDN Forum.