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Facebook ownership Meta Platforms Inc is preparing for the second half of this year to deal with macroeconomic pressures and the impact of data privacy on the advertising business, according to an internal memo that Reuters saw Thursday.
The company needs to "prioritize more ruthlessly" and "run a slimmer, mean, better executive team" in the notes posted on the company's internal discussion forum Workplace. there is.
"We must emphasize that we are in a serious era here and the headwinds are fierce. Teams should not expect a large influx of new engineers or budgets, growth It needs to run perfectly in a slow environment, "Cox wrote.
Meta did not immediately respond to the request for comment. (Report by Katie Paul; edited by Kenneth Li and Lisa Shumaker)
