Meta is warning of \u201cserious times\u201d and preparing for a leaner second half of 2022, according to an internal memo circulated to employees this week. The note comes from chief product officer Chris Cox and outlines the company\u2019s priorities and challenges to its business going forward.<\/p>\n

\u201cI have to underscore that we are in serious times here and the headwinds are fierce,\u201d Cox wrote in the memo obtained by The Verge <\/em>and published in full below. \u201cWe need to execute flawlessly in an environment of slower growth, where teams should not expect vast influxes of new engineers and budgets.\u201d<\/p>\n