BREAKING: Facebook planning 'large scale layoffs' of thousands of workers following hiring freeze and 70 per cent fall in share price this year.

[jboldeniv]

It looks like Facebook is having all sorts of issues as of late.

[jasondreamweaver]

A lot of companies especially tech are doing this bc they are preparing for the recession.

Don't cry for those people, with a name like Facebook on their resume, plenty of recruiters will be contacting them.

I wish they targeted those H1 visa employees, they really are a burden to payroll

[jboldeniv]

A lot of companies especially tech are doing this bc they are preparing for the recession.

Don't cry for those people, with a name like Facebook on their resume, plenty of recruiters will be contacting them.

I wish they targeted those H1 visa employees, they really are a burden to payroll

Exactly.