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Read the Internal Facebook Memos Detailing a Major Hiring Freeze
May 11, 2022
News Business
Detailing
Facebook
Freeze
hiring
Internal
Major
Memos
Read
Facebook is implementing an expansive hiring freeze as it fails to hit revenue targets.
Executives explained the initial extent of the action in internal memos seen by Insider.
Read below
…
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Leaked Facebook Memo Details Hiring Freeze, Negative Business Impacts
May 7, 2022
News Business
Business
Details
Facebook
Freeze
hiring
Impacts
Leaked
Memo
negative
Facebook parent company Meta is pausing hiring for the rest of the year.
The rare move comes as the company attempts to trim costs and refocus its energies.
In an
…
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Facebook Compared to Yahoo Amid Metaverse Pivot, Stock Struggles
April 29, 2022
News Business
Compared
Facebook
Metaverse
Pivot
Stock
Struggles
Yahoo
With several threats to the future of its business, Facebook wants to start “a new chapter.”
Investors are unsure it will succeed in its grand metaverse ambitions and employees are
…
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Facebook Whistleblowers Agree Facebook Is Too Focused on Profit
October 23, 2021
News Business
Agree
Facebook
Focused
Profit
Whistleblowers
Two Facebook whistleblowers, Sophie Zhang and Frances Haugen, have publicly criticised the company in 2021.
Zhang told Insider she sees a common link between their criticisms of the company —
…
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Facebook Is Reaping What It Sowed by Creating Its Own PR Problem
October 18, 2021
News Business
Creating
Facebook
Problem
Reaping
Sowed
Facebook’s success led them to adopt a culture of secrecy and hostility toward negative press.
This culture worked for the company until news revealed Facebook to have harmed society for
…
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Facebook, Instagram Outage Hits Business Owners Who Expect Sales Loss
October 9, 2021
News Business
Business
Expect
Facebook
hits
Instagram
Loss
Outage
Owners
Sales
When Facebook and Instagram crashed yesterday, business stopped for many online entrepreneurs.
Social media has become a boon for businesses, allowing them to build customer bases and sales.
But experts
…
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Former Facebook VP Hugo Barra Is Now a VC at a LatAm-Focused Fund
October 2, 2021
News Business
Barra
Facebook
Fund
Hugo
LatAmFocused
Former Facebook executive Hugo Barra is now an investor at Atlantico, a new LatAm-focused VC fund.
Barra tells Insider why he’s so excited about startups in LatAm, and what he’s
…
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