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Mark Zuckerberg’s Meta reportedly rehires ‘dozens’ after slashing 21,000 jobs

  • Meta reportedly rehires dozens of the 21,000 laid-off employees in recent weeks, particularly in engineering and technical roles.
  • Despite cost-cutting efforts, Meta resumes hiring in specific areas due to improved fortunes.
  • Rehiring focuses on experienced former engineers with strong performance records, even accepting lower roles and pay.
  • Stock surges by over 145% to around $306/share since January, driven by financial improvements and new products like Threads.

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