Truth Social Gab Linkedin Github Twitter

Meta employees look to ditch jobs amid stock crash

Posted by: David Daniels on March 20, 2022.

Source: Meta employees look to ditch jobs amid stock crash

“People are definitely paying attention and are concerned about the stock price,” Michael Solomon, who manages software engineers through his talent firm 10x Management, told The Post. “I think a lot of people have questions about if Meta is going to get out of this — if this could be the beginning of the end for them.”

Meta is facing a worker stampede as its stock price has fallen from an all-time high of more than $380 in September to $216.49 on Friday. The slide started last fall as a damning series of leaks put massive political pressure on the company and kicked into overdrive as Meta started to feel the multibillion-dollar sting of privacy changes from Apple and Google that are pummeling its advertising business

Feel free to share...

Leave a Reply

Your email address will not be published. Required fields are marked *