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Eastern_Incident4922 t1_iucdp89 wrote

I guess you are right , I guess that’s due to 25% of market cap of the organisation got eroded last week

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one_half_quip t1_iuc85wc wrote

sounds like it, they'd probably say no if it was actually a no, maybe do a follow up or ask if you can follow up in a couple weeks

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Difficult-Big-3890 OP t1_iuc95gu wrote

It's actually the first time I got such a not so clear cut yes/no type response so got a bit confused. I was thinking about asking if my understanding of the message is right - I cleared the test but hiring freeze in place. Hopefully it won't be taken as a dumb question πŸ˜…πŸ€ž

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LargeYellowBus t1_iuctil8 wrote

I can't tell if you ended up dodging a bullet or if you were trying to get in on the discounted RSU grant, but where have you been lol

June 30: https://www.reuters.com/technology/exclusive-meta-girds-fierce-headwinds-slower-growth-second-half-memo-2022-06-30/
September 29: https://www.bloomberg.com/news/articles/2022-09-29/meta-announces-hiring-freeze-warns-employees-of-restructuring

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Difficult-Big-3890 OP t1_iud8rrr wrote

I was generally aware about the hiring freeze but seems like I should follow closely 😬

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Far-Butterscotch-436 t1_iudn2cw wrote

Why was the original post removed? In fact most of the posts I get notified for are actually removed....?

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amrit_za t1_iucgr0e wrote

Yeah it's pretty much all of big tech at the moment according to this article. Here's the quote from Meta specifically

> Meta: β€œWe expect hiring to slow dramatically and to hold headcount roughly flat next year relative to current levels.”

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