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Kali Hays
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With a broad hiring freeze in place, some workers at Facebook are growing concerned that layoffs may be next.The company told employees last week in memos seen by Insider it was enacting a hiring pause that would first affect many levels of engineers and would expand to impact "almost every team across the company." "My guess is there are layoffs coming," one employee told Insider. And when companies enact layoffs, they "want it to have an impact," he said, typically looking in the range of a 7% to 10% reduction in force, also known as a RIF."You do not want to undercut and then have to do it again," the advisor said.Are you a Facebook employee with insight to share?
As said here by Kali Hays