It is reported that meta, the parent company of Facebook social platform, is now preparing to slow down the pace of external recruitment, mainly because it may usher in the lowest revenue growth in history and is currently facing various external business challenges, such as Apple's new privacy deal A spokesman for meta said that the company will regularly adjust the talent recruitment plan according to the business development needs and quarterly expenditure expectations. At present, the growth rate of the company's expenditure is slowing down. The spokesman stressed that in the long run, the company will continue to increase its workforce.
Last week, meta released its first quarter results. For the current second quarter, the company predicts a year-on-year decline in operating revenue.
David Wehner, CFO of the company, pointed out many problems faced, saying that the scale of expenditure this year may be between $87 billion and $92 billion, lower than the previous forecast of $90 billion to $95 billion.
According to a person familiar with the recruitment plan, in recent weeks, meta has postponed the recruitment of entry-level engineers, and will stop or suspend the recruitment of most middle-level or senior positions in the future. In addition, recruitment plans for some vacant positions have also been suspended.
The difficulties faced by meta have begun since last year, and some users have gradually abandoned meta's social software. In February, the company said that the number of daily active users decreased month on month for the first time in the fourth quarter of last year, but rebounded in the first quarter of this year.
Meta's online advertising business will also face an impact.
At last week's earnings analyst meeting, Wehner said that the company's revenue in Russia fell, and the advertising demand in Europe and external regions fell, so the growth rate of meta advertising fell further.
Wehner also told investors, Apple The privacy collection reform brought by IOS devices last year (user permission is required to collect personal privacy across apps), which will affect the growth of meta business. Earlier, meta predicted that Apple's move would reduce its operating revenue by $10 billion in 2022.