MARK ZUCKERBERG'S FACEBOOK NOSEDIVES - NO HIRING BUT WILL THEY SEND THEIR FOREIGN WORKFORCE BACK TO INDIA???

 Analysis conducted last year reveal that 71 percent of tech workers in Silicon Valley are foreign-born, while the tech industry in the San Francisco, Oakland, and Hayward area is made up of 50 percent foreign-born tech workers.

Zuck Troubles: Internal Facebook Memos Outline Hiring Freeze, ‘Slower’ Revenue Growth

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Chip Somodevilla/Getty Images

LUCAS NOLAN

6 May 20220

Recently leaked internal Facebook memos have revealed that the company is implementing a hiring freeze due to its failure to hit revenue targets. The Masters of the Universe continue to struggle with Apple’s privacy changes, which have damaged Mark Zuckerberg’s ability to suck up the personal data of users from their iPhones.

Business Insider reports that Facebook is enacting a massive hiring freeze and reducing hiring targets in a strategy that will impact “almost every team across the company.” This information comes from leaked internal memos sent to employees by executives this week.

Facebook CEO Mark Zuckerberg  (JOSH EDELSON/AFP via Getty Images)

Mark Zuckerberg introduces Meta (Facebook)

This is a surprising decision from Facebook which has been overhauling its company in recent years, rebranding as Meta and vowing to focus on building “the Metaverse.” The company plans to build a digital reality and hardware to seamlessly access it, but the business pivot is reportedly becoming costly. Combined with an almost 40 percent decline in stock value this year, company CFO David Wehner announced that the firm is “reprioritizing.”

Breitbart News previously reported that according to internal reports, Facebook CEO Mark Zuckerberg has become increasingly obsessed with the idea of a digital metaverse, to the point where many of his employees are becoming frustrated and annoyed with the concept. According to a former director-level employee who recently left the company, it’s “the only thing Mark wants to talk about.”

Now, due to “slower revenue growth than anticipated,” Facebook is implementing a company-wide hiring freeze and doesn’t intend to meet hiring goals set at the start of the year. According to the memo, the company’s problems are due to the Apple privacy changes, the war in Ukraine, and the “general macroeconomic environment.”

The memo from company CFO David Wehner reads in part:

While we’re still going through our reprioritization, we know this will have an effect on hiring for the rest of the year. We came into 2022 with really aggressive growth targets and have hired at an incredible pace this year so far — we hired more engineers in Q1 than all of 2021. We’ve brought thousands of talented people into the company that are helping us work towards our ambitious goals and 2022 priorities. However, as we look towards the second half, we’re going to adjust those targets in a couple of ways:

1. Reducing our hiring targets for 2022. This means hiring fewer people than we initially forecast. We’re still working out what this means for each org, but this will affect almost every team in the company. We’re entering into the H2 planning cycle, and this will be an opportunity to reprioritize work to make sure we’re all focused on the most important things and the top priorities for the company. Your org leaders will follow up with more information over the coming days and weeks, but today we’re announcing some changes on the Engineering side — look out for a post in Engineering FYI for details.
2. Reviewing headcount allocation to make sure it’s aligned to our top company priorities given our modified hiring targets. This will help us resource the projects that we’re prioritizing for the rest of the year. You’ll learn more about this from your functional and org leads over the next couple of weeks.

 

Read more at Business Insider here.

Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan or contact via secure email at the address lucasnolan@protonmail.com

Analysis conducted last year reveal that 71 percent of tech workers in Silicon Valley are foreign-born, while the tech industry in the San Francisco, Oakland, and Hayward area is made up of 50 percent foreign-born tech workers.

 

Despite his Wall Street, big business, Big Tech, and billionaire donations, Biden has attempted to portray himself as a small-town fighter from Scranton, Pennsylvania

 

By failures of border security, a lack of the enforcement of our immigration laws from within  the interior of the United States and huge numbers of visas for high tech workers, the lives and livelihoods of Americans and their children, are being stolen by America’s corrupt political elite who are doing the bidding of those who provide them with huge “Campaign Contributions” (Orwellian euphemism for bribes) pursue legislation that is diametrically opposed to the best interests of America and Americans.

                                                       MICHAEL CUTLER

Zuckerberg’s FWD.us Claims No Amnesty Ensures Midterm Defeat for Democrats

NEIL MUNRO

The Facebook-funded FWD.us investor advocacy group is touting the claim that Democrat turnout will drop in 2022 if the party cannot pass an amnesty through Congress.

But that claim is toothless, in large part because recent polls show that many Americans of Latino ancestry are increasingly voting for the GOP, precisely because GOP leaders oppose the amnesty-amplified wave of cheap labor into their communities.

The claim is being made by pro-migration groups, including the leaders of the National Day Laborer Organizing Network (NDLON) which denounced the Senate’s parliamentarian’s decision to exclude the parole amnesty for 6.5 million illegals from the draft Build Back Better spending plan.

NDLON declared Thursday night:

Democrats’ excuses for their failure, for their incompetence, and for their insincerity will be the ammunition used by xenophobes in the Republican Party to retake control of the federal government in upcoming elections. Inaction on immigration legalization risks further propelling Trumpism in every possible way … No more excuses. Where there is a will, there is a way.

The NDLON group represents illegal migrants, most of whom work for very low wages, and none of whom can vote in U.S. elections.

Rep. Lou Correa (D-Calif.) is making the same claim, according to Bloomberg, which reported that he “warned that Democrats would face wrath from voters in the 2022 elections if they don’t secure a citizenship path”

But the NDLON claim is being echoed by the politically powerful investor class, who use imported workers, consumers, and renters to spike the value of their Wall Street investments.

Todd Schulte is the president of the FWD.us advocacy group for investors, which gets about $30 million a year from the Chan Zuckerberg Initiative to push for more migration. On Thursday night, he tweeted:

 

Schulte’s deputy also pushed a hard line:

 

Unsurprisingly, FWD.us has a hidden agenda in the amnesty debate.

The establishment media extensively cover the proposed parole amnesty for 6.5 million illegal migrants. But the media largely ignores  two other proposed changes to immigration laws that would deliver huge benefits to West Coast investors who created the FWD.us advocacy group in 2013.

For example, the BBB legislation would allow the White House to provide green cards to millions of favored migrants, including perhaps three million “chain migrants” selected by recent immigrants. This open-doors policy would provide investors with millions of new profit-generating consumers, renters, and workers.

The BBB legislation would also allow President Joe Biden’s pro-migration deputies to sell green cards to at least one million migrants who have taken many of the Fortune 500 jobs sought by skilled U.S. college graduates. This change would allow Fortune 500 companies to hire many more foreign graduates with dangled offers of fast-track green cards. These workers are usually imported via the visa worker programs, such as the H-1B and Optional Practical Training program.

But those two benefits for the Fortune 500 investors may be dropped if the Democrat senators cannot also get their amnesty for illegal migrants.

On Friday, an advocacy group for corporate-funded immigration lawyers urged Congress to keep pushing the green card giveaway, even after the amnesty was nixed:

 

“The corporate guys are riding on perceived sympathy for the illegal alien population in order to get their immigration giveaways,” said Robert Law, the director of regulatory affairs and policy at the Center for Immigration Studies. He continued:

The Hispanic population knows immigration is a pocketbook issue for them as well, and mass illegal immigration — plus legal immigration — hurts the economic opportunities of Hispanic Americans or the black community, or any people who typically are competing at the lower end of the economic spectrum.

The Senate’s debate referee has not issued any judgments on the two green card proposals.

Zuckerberg’s FWD.us network of coastal investors stands to gain from more cheap labor, government-aided consumers, and urban renters. The network has funded many astroturf campaigns, urged Democrats to not talk about the economic impact of migration, and manipulated coverage by the TV networks and the print media.

FWD.us’also spotlights many family dramas amid the inflow of border migrants. This focus helps keep reporters from recognizing the huge pocketbook impact of the establishment’s economic policy of mass migration. The resulting family-drama coverage also keeps many young progressives from noticing that the extraction migration policy drives up their rents and cuts their salaries.

The breadth of investors who founded and funded FWD.us was hidden from casual visitors to the group’s website sometime in the last few months. But copies exist at other sites.

 

 

Biden’s Chief of Staff Worked on Behalf of Big Tech for Endless H-1B Visas

JOHN BINDER

Democrat Joe Biden has chosen Ronald Klain to be his chief of staff should he enter the White House in January. Klain worked on behalf of Silicon Valley executives and their interests, which include providing tech corporations with an endless supply of H-1B foreign visa workers and more free trade.

Klain, who was made Biden’s incoming chief of staff this week, served on the executive council of TechNet — a firm that promotes the interests of Silicon Valley’s tech corporations in Washington, D.C. Klain served on the council alongside executives from the Oracle Corporation, Hewlett-Packard Enterprise, Google, Visa, Apple, and Microsoft.

TechNet, most recently, joined a lawsuit against President Trump’s reforms to the H-1B visa program that sought to prioritize unemployed Americans for jobs rather than allowing businesses to continue importing foreign workers.

TechNet is one of the groups that has filed an amicus brief to oppose the new regulations on H-1B visas. https://t.co/ofY4GJ2sVR

— U.S. Tech Workers (@USTechWorkers) November 12, 2020

Trump’s seeking to force businesses to hire Americans over importing foreign visa workers is an affront to Silicon Valley’s tech corporations, those represented by TechNet, who advocate for an endless flow of H-1B foreign visa workers.

There are about 650,000 H-1B visa workers in the U.S. at any given moment. Americans are often laid off and forced to train their foreign replacements, as highlighted by Breitbart News. More than 85,000 Americans annually potentially lose their jobs to foreign labor through the H-1B visa program.

Analysis conducted in 2018 discovered that 71 percent of tech workers in Silicon Valley, California, are foreign-born, while the tech industry in the San Francisco, Oakland, and Hayward area is made up of 50 percent foreign-born tech workers. Up to 99 percent of H-1B visa workers imported by the top eight outsourcing firms are from India.

TechNet’s listed immigration goals include allowing corporations to dictate the annual level of legal immigration to the United States and the elimination of per-country caps that would effectively let India and China monopolize the U.S. green card system.

The group’s goals on trade are in direct opposition to President Trump’s economic nationalist agenda that has imposed tariffs on foreign imports from China, Canada, Europe, and other parts of the globe.

TechNet’s trade goals include reducing “tariff and non-tariff barriers to information, communications, and advanced energy technology products, services, and investments” as well as “protections for the free flow of data across borders…”

While Biden has vowed to flood the U.S. labor market with more foreign workers to compete against Americans for jobs, he has shied away from questions on whether he will eliminate tariffs on foreign imports that were imposed by Trump. Such elimination of tariffs would be a boon to multinational corporations that offshore their production and jobs overseas only to import their products back into the U.S. market, often with no penalties for doing so.

John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.