Meta Feels the Downturn Burn, Slashes Hiring by 30%
Big tech is going through a hard time. Meta, the parent of Facebook and Instagram, has become the canary in the coal mine after its stock plummeted in February, months before other tech giants. Now, in an ominous turn, the company is slashing its hiring of engineers by 30%, from about 10,000 to between 6,000 and 7,000...