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A comment on Meta announces hiring freeze, warns employees of restructuring. Parent comment

Re:Meta announces hiring freeze, warns employees of restruct... by sjm-lbm on Thursday September 29, 2022 @04:46PM (#33026930)
My understanding is that this is the strategy: the network effect method for choosing what content you want (FB/Insta) is getting beat by the "algorithm determines what you are interested in" method for choosing what content you want, so Facebook is pivoting to the latter.
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Re:Meta announces hiring freeze, warns employees of restruct... by bee_rider on Thursday September 29, 2022 @05:41PM (#33027622)
Maybe Myspace should make a concerted push back into the space Facebook has I guess decided to vacate.

It seems crazy to try and compete with Tiktok on their home turf, they sound to have a pretty competent implementation and Facebook has got to be about as nimble as a barge at this point.

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