Mark Zuckerberg predicts tough times for Meta

Deepak Gupta July 2, 2022
Updated 2022/07/02 at 8:25 AM

The crisis is global and is affecting everything and everyone. An example of this is Mark Zuckerberg’s Goal, who has already warned his teams of the difficult times ahead.

The CEO warned his employees that “the headwinds are fierce”.

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In May, Meta explained to employees that the coming months could see a slowdown in the company's activity. In fact, several teams saw the hiring of new members frozen.

On June 30th, Meta employees came across an email that alerted them to the challenges the company will face in the coming months. The second half of the year will not be easy and the company has already prepared employees for “serious times” and “headwinds”.

the sender Chris Coxchief product officer, explained that the company executive foresees a “leaner” semester, which may demand more from employees than usual.

We need to execute the new project flawlessly in a slower growing environment where teams shouldn't expect massive inflows of new engineers and budgets.

Read the email.

Chris Cox, chief product officer at Meta

Chris Cox, chief product officer at Meta

According to Reuters, the communication mentions the new privacy laws, noting that the restrictions now imposed will challenge the company's revenue.

In recent months, the company's shares have not seen their best days. After all, considering this expected slowdown, investors expressed concern about growth and investments to be made.

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