Facebook

Read the Internal Facebook Memos Detailing a Major Hiring Freeze

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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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