New York Times: Meta Will Freeze Most Hiring, Zuckerberg Tells Employees

New York Times: Meta Will Freeze Most Hiring, Zuckerberg Tells Employees. “In May, Mark Zuckerberg, Meta’s chief executive, froze hiring for engineers and low-level data scientists. In July, Mr. Zuckerberg warned employees to buckle up for an ‘intense period’ of 18 to 24 months, and asked managers to start identifying weak performers. This week, he told his employees that the company would freeze hiring and reduce budgets across most teams at Meta, leading to layoffs in parts of the company that have previously seen unchecked growth.”

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