Facebook owners Meta Platforms head towards the second half of this year to address macroeconomic pressures and the impact of data privacy on theadvertising business Preparing, according to an internal note seen by Reuters on Thursday.
Companies need to "prioritize more ruthlessly" and "run a slimmer, mean, better executive team".
"We need to emphasize that we are in a serious time here and the headwinds are fierce. A slow-growing environment where teams should not expect large inflows of new engineers or budgets. You have to do it perfectly with, "Cox wrote.
Meta did not immediately respond to the request for comment.
