Created Mon 3rd Nov 2008 3:46am PST by 
simoncast
simoncast 
When will Facebook layoff staff and/or freeze hiring?
Background: Recent post from TechCrunch has raise the possibility of Facebook running out of money. One of their highest costs is staff and so in order to bring costs in line with revenue during a time when external funding is difficult to come by, laying off staff as many Internet companies have already done is a reasonable measure to reduce costs. Facebook may try to do this quietly (Cheryl Sandberg was at Google in the last downturn where they froze hiring) by freezing hiring.
http://www.techcrunch.com/2008/10/31/facebooks-growing-problem/
http://www.techcrunch.com/2008/10/31/facebooks-growing-problem/
Settlement details:As reported by a major mainstream news source, TechCrunch or VentureBeat
Forecast history %
| Before Jan 1st 2009 |
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| Q1 2009 (Jan to Mar) |
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| Q2 2009 (Apr to Jun) |
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| Q3 2009 (Jul to Sep) |
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| Q4 2009 (Oct to Dec) |
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| Later than 2009 or never |
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Question suspends in 5 weeks
- Activity: H$6,511 |
- Predictions: 43 |
Comments: 0
Suspend date: Thu 31st Dec 3:59pm PST (5 weeks to go)
Initial likelihoods: Before Jan 1st 2009: 10%, Q1 2009 (Jan to Mar): 30%, Q2 2009 (Apr to Jun): 30%, Q3 2009 (Jul to Sep): 15%, Q4 2009 (Oct to Dec): 10%, Later than 2009 or never: 5%
Action history:
Created Mon 3rd Nov 2008 3:46am PST by simoncast
simoncast
Suspended Fri 19th Dec 2008 3:59pm PST : Suspend date reached
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: was: "2008-12-19 15:59:00" 
Suspend date: Thu 31st Dec 3:59pm PST (5 weeks to go) details 
Get widget!Predictions (43)
predicted Q4 2009 (Oct to Dec) (H$100 at 18%)
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