Meta revoked full-time offers it extended to some candidates, a spokesperson confirmed.

"As we continue to reassess our hiring needs, we've made the difficult decision to withdraw offers to a small number of candidates," a Meta spokesperson told TechCrunch. "While this decision did not come lightly, it allows us to remain thoughtful as we readjust our hiring through 2023 to align with our highest-priority work."

Meta hasn't said how many people this impacts or which teams are rescinding offers.

https://twitter.com/GergelyOrosz/status/1612565777407938560?s=20&t=6Oc7q6oGNO1agTMfcuGaRg

Meta rescinds offers to as many as 20 recent college graduates to work in office, according to engineer and writer Gergely Orosz TechCrunch saw LinkedIn posts from two rescinded candidates who had lined up jobs in software engineering.

Meta previously revoked 2023 summer internship invitations at its London location. Altogether, Meta cut 11,000 employees or 13% of its staff in November.

The company's financial prospects have only fueled the apprehension among its investors, however, as hundreds of billions of dollars keep flowing into its losses-making Reality Labs division. Meta reported its first-ever revenue decline in the second quarter of 2022; the following quarter, Meta's revenue declined by 4% year over year to reach $27.7 billion. Meanwhile, net income was just $4.395 billion, against $9.194 billion year over year. The Reality Labs from Meta lost $3.672 billion alone in Q3.

However, even with this, Meta's situation is not eased by the general state of the tech industry. Other companies, such as Amazon and Coinbase, have also withdrawn job offers, and waged layoff battles.