{ "media_type": "text", "post_content": "Anyone have insight into why meta issued a hiring freeze?", "post_id": "6281a2abcb8a7b0031976d3d", "reply_count": 5, "vote_count": 3, "bowl_id": "552d1d24dc1c586b09d2d052", "bowl_name": "Law", "feed_type": "crowd" }
null

Anyone have insight into why meta issued a hiring freeze?

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Posting as :
works at
You are currently posting as works at

The recession

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How concerned should I be as a recent lateral

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Start looking for other jobs

My sense is they overinvested in the idea of the “metaverse” and it turns out that’s not paying off, so now they are trying to figure that out at the same time that competitors (like TikTok) are eating their lunch. I’m sure they’ll figure it out eventually so I think your stock options will end up okay, but I would be concerned about whether cost cutting leads to layoffs. Probably means it won’t be the relaxed work-life balance that most people expect when they leave biglaw for in-house.

tbf Meta wasn’t generally known for relaxed WLB compared to other in-house anyway

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