CEO Mark Zuckerberg blamed himself for the job cuts, the biggest layoff round in tech industry in two years. Meta employees were willing to agree.
, CEO Mark Zuckerberg blamed himself for cuts, saying he was overly optimistic about the company's growth rate and didn't factor in such things as the macroeconomic downturn or increased competition.Meta, the parent company of Facebook Inc. and Instagram Inc, announced the cuts in the wake of its, in which it reported declining sales and profit compared with the year-ago period and forecast lower revenue for the holiday period than analyst's had predicted.
The company is a"great place but terrible management," one employee said, adding that"Metaverse/ + Management brought us to the point where we had to layoff people."One of the most viewed posts on Blind was a three-star review from another software engineer at the company who said Meta"was alright until layoffs."
Still, the less-than-stellar assessments from employees were balanced out by those from others who offered more positive assessments. Overall, from the 6,033 reviews on Blind, Meta has an average rating of four out of five stars.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bill Gates, Mark Zuckerberg, others are bankrolling the woke education agenda, says parents groupFive philanthropic organizations are being criticized for awarding millions of dollars to schools for equity and social-emotional learning programs.
Read more »
Scientists learn what it takes to develop gold-based meta-materialsResearchers have achieved first insights into engineering crystal growth by atomically precise metal nanoclusters.
Read more »
Meta is working with FIFA to curb online harassment at the World Cup“We have clear rules against bullying, violent threats and hate speech.”
Read more »
Rick and Morty Face 'Previously On' Trap in Season 6 Ep. 7 Meta OpenerICYMI: The cold open to AdultSwim's RickAndMorty Season 6 Episode 7 finds our dimension-hopping duo caught in a 'Previously On' meta trap. / DanHarmon JustinRoiland adultswim rickandmorty
Read more »
Meta to host Notorious B.I.G VR concert with realistic avatarMeta and The Notorious B.I.G. Estate are collaborating on the project titled “Sky’s The Limit: A VR Concert Experience.”
Read more »
WSJ News Exclusive | Meta Employees, Security Guards Fired for Hijacking User AccountsBreaking: Meta fired or disciplined employees it accused of improperly taking over user accounts, in some cases allegedly for bribes, people familiar with the matter say
Read more »