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> Zuckerberg said Meta will now only hire around 6,000 to 7,000 new engineers in 2022—a stark drop from its initial plan to hire more than 10,000. It's a drop,
by tus666 4y ago
> Zuckerberg said Meta will now only hire around 6,000 to 7,000 new engineers in 2022—a stark drop from its initial plan to hire more than 10,000.
It's a drop, but it's not a stark drop.
- gloriaraven 4y agoa 30% to 40% drop YOY in a stock price, in a commodity price, in almost anything, would be considered a stark drop. Or a crash.
- mb7733 4y agoA 30% drop in year over year growth is not the same as a 30% drop in value.
- tfehring 4y agoIt’s a 30% to 40% decrease in the growth though, not the level. Meta’s headcount will be growing from ~75k to ~81k this year, instead of growing to ~85k. The scenario you’re describing would be more like if Meta’s headcount were dropping from ~75k to ~50k. That would definitely be a stark drop, but that’s not what’s happening.