From my armchair's perspective, Meta has started to look to me a lot like the IBM of social media so I don't find this very surprising if true.
> In an internal memo, CFO said a "reprioritization" is in part due to an "industry-wide downturn."
Is this spin or are things really cooling off?
I think they're doing the smart thing. They've positioned themselves to be the leader in VR, and the largest patent-holder in VR, they now just need to wait for VR technology to advance. Their existing business, social media, isn't going anywhere. They just need to stay at #1 in both areas until the economy recovers.
They weren't trying very hard to hire before that. I'd get a lackluster "heyyyy! do you want to reinterview" every 6 months or so. I'd explain my situation (senior enough that if you send a junior person to interview me with a leetcode question, the hiring team made a mistake) and they wouldn't even reply.
They have many postings on LinkedIn - should they just be ignored?
From the internal email of the global head of recruiting, as reported by reporters Kali Hays and Rob Price at Business Insider:
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“What this means right now in Engineering Recruiting:
- At this time, we will need to pause Eng hiring for IC6 and M1 hiring, effective immediately, with the exception of ML IC5+ candidates.
- We will not extend any new offers to IC5 and M1+ Eng candidates (except ML IC5+) for these select pipelines and will be canceling future scheduled interviews.
- We will continue with scheduled interviews at onsite for IC6/M2 Eng candidates, but will not be adding any net-new candidates as we are confident we have enough people in process to meet our hiring goals.”
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