“The party is over”: How Meta and Google are using recession fears to clean house

“The party is over”: How Meta and Google are using recession fears to clean house

2 years ago
Anonymous $CIOZ56dzxX

https://www.vox.com/recode/2022/9/22/23366695/google-meta-recession-fears-mark-zuckerberg-sundar-pichai

It looks like the boom days are fading in Big Tech, even if the cash is still flowing.

For nearly two decades, top-tier tech companies like Google and Facebook (now Meta) were known for their rapid hiring, luxurious perks, and corporate cultures of abundance.