“We regularly re-evaluate our talent pipeline according to our business needs and in light of the expense guidance given for this earnings period, we are slowing its growth accordingly,” Meta Canada spokesperson Lisa Laventure told The Logic. On Wednesday, Meta announced a slowdown in hiring after it posted its slowest revenue growth since going public in 2012. (The Logic)
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.

News
Lululemon lays off 120 as it strikes deal with Peloton and pulls the plug on Mirror
Briefing
Brookfield Asset Management partners with renewable energy fund on joint venture
Swedish battery startup Northvolt to spend at least $7B on new Quebec gigafactory
At All In conference, Canadian executives address angst over AI replacing jobs
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.