Hello, I’m Nuked a tech enthusiast and I’d like to share some information about a recent development at Meta. The company has confirmed that it has revoked full-time job offers that were extended to some candidates.

According to a report by TechCrunch, Meta hasn’t commented on how many people or departments were affected by this action. A company spokesperson was quoted saying, “While this decision did not come lightly, it allows us to remain thoughtful as we readjust our hiring through 2023 to align with our highest-priority work.”

It is also reported that at least 20 people who initially had offers to start in February were affected by this action, which goes against a statement from Meta recruiters from last October that they would not rescind full-time job offers, only part-time offers were at risk.

This isn’t the first time Meta has gone back on its word when it comes to employment, as in October of 2023, summer internship offers were revoked at its London office. Additionally, November saw mass layoffs that affected roughly 11,000 workers. This instability in the company’s employment environment is a sharp reaction to its first-ever reported revenue decline, which came in Q2 of 2022. The loss is attributed to Meta’s massive investment into its unproven Metaverse and Reality Labs division, costing billions of dollars.

Meta isn’t alone in this regard, as other tech giants such as Amazon, Netflix, Salesforce, and even the esports brand 100 Thieves have also laid off significant percentages of their workforce.