Meta hires engineers in Bengaluru as it lays off U.S. employees
The Hindu
Meta is hiring engineers based in Bengaluru, with 41 positions listed on its web page.
Meta is hiring engineers based in Bengaluru, with 41 positions listed on its web page even as US.-based employees reel from the performance-based layoffs that began earlier this month.
The hiring update comes as Meta employees claimed that the social media giant is establishing a new Bengaluru site, TechCrunch said in a report. In India, Meta has offices in Hyderabad, Gurgaon, Mumbai, and New Delhi.
After U.S. President Donald Trump returned to the White House, Meta CEO Mark Zuckerberg announced an end to fact-checking across platforms, apart from rolling back Diversity, Equity, and Inclusion initiatives (DEI).
Meta is also focusing on integrating generative AI into its social media apps in order to boost user engagement and enhance algorithms.
Meta is currently hiring for a Director of Engineering, a machine learning software engineer, and various ASIC engineers.
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According to the United Nations’ Conference on Trade and Development (UNCTAD), the underlying logic of credit rating agencies is to avert the information asymmetry between borrowers and lenders about the latter’s creditworthiness. It further explains that issuers with lower credit ratings pay higher interest rates – reflective of the greater associated risk with lending to them, than the higher rated issuers.
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According to the United Nations’ Conference on Trade and Development (UNCTAD), the underlying logic of credit rating agencies is to avert the information asymmetry between borrowers and lenders about the latter’s creditworthiness. It further explains that issuers with lower credit ratings pay higher interest rates – reflective of the greater associated risk with lending to them, than the higher rated issuers.