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<ul><li>Facebook has officially announced the name for its corporate entity that owns Facebook, Instagram, WhatsApp and Oculus.</li><li>Facebook chief <keyword id="6354630" type="General" weightage="20" keywordseo="mark-zuckerberg" source="Orion">Mark Zuckerberg</keyword>, at the Facebook Connect event, announced that the holding company will be called 'Meta.’</li></ul>On October 28, 2021 Facebook chief Mark Zuckerberg announced that the tech giant is changing its corporate name to ‘Meta.’ The company’s new name refers to the 'metaverse,' which is its new venture in the shared augmented reality and virtual world environments space.<br /><br />In his keynote speech, Zuckerberg mentioned that the metaverse will be a social, 3D virtual space where you can share immersive experiences with other people, even when you can’t be together in person - and do things together you couldn’t do in the physical world. <br /><br />Zuckerberg also unveiled a new logo and color to accompany its new company brand. The logo is treated in a blue gradient and is designed to be experienced in 3D. Sharing his vision behind donning this new identity, he said, “Over time, I hope that we are seen as a metaverse company, and I want to anchor our work and identity on what we're building toward.” <br /><br />Soon, all social media platforms flooded with memes and now, Indian brands have joined in. Here’s how they reacted: <br /><div type="twitter" handle="Twitter" handlename="Twitter" image="http://pbs.twimg.com/profile_images/1354479643882004483/Btnfm47p_normal.jpg" favoritecount="193738" retweetcount="23089" status="BIG NEWS lol jk still Twitter" createdat="1635459151000" id="1453847172794003473"></div><br /><div type="twitter" handle="DunzoIt" handlename="Dunzo" image="http://pbs.twimg.com/profile_images/1345986523636793344/qKdY222k_normal.jpg" favoritecount="24" retweetcount="0" status="As a Meta of fact, we are waiting to see if it makes a Mark. #Meta #Facebook #markzuckerberg https://t.co/IhY6IgJbUr" createdat="1635494501000" id="1453995438630006786"></div><br /><div type="twitter" handle="zomato" handlename="zomato" image="http://pbs.twimg.com/profile_images/1100268333352525826/IkyIXuZ4_normal.png" favoritecount="1121" retweetcount="41" status="pitched renaming our brand to zometa but the idea was rejected at once" createdat="1635488934000" id="1453972088654483462"></div><br /><div type="twitter" handle="Wendys" handlename="Meat" image="http://pbs.twimg.com/profile_images/1417476304916582402/y_0XyKuw_normal.jpg" favoritecount="229159" retweetcount="24097" status="Changing name to Meat" createdat="1635449104000" id="1453805031463993346"></div><br /><div type="twitter" handle="swiggy_in" handlename="Swiggy" image="http://pbs.twimg.com/profile_images/1267409631246073856/6AvQ5Za9_normal.jpg" favoritecount="213" retweetcount="9" status="Thinking of changing our name to Methi" createdat="1635486409000" id="1453961501748838400"></div><br /><div type="twitter" handle="officialparleg" handlename="Parle-G" image="http://pbs.twimg.com/profile_images/1344588040061161478/oBwjBADU_normal.jpg" favoritecount="25" retweetcount="5" status="Have you ever #Meta biscuit that goes so well with chai?" createdat="1635487533000" id="1453966213709664259"></div><br /><div type="twitter" handle="Freecharge" handlename="Freecharge" image="http://pbs.twimg.com/profile_images/1410844820675784707/Ez7REIUN_normal.jpg" favoritecount="7" retweetcount="0" status="2004 - When we Meta game changer2021 - When we Meta name changer#Metaverse #Meta #Freecharge" createdat="1635485484000" id="1453957620188934150"></div><br /><div type="twitter" handle="ixigo" handlename="ixigo" image="http://pbs.twimg.com/profile_images/1446407428254277636/VmZpvbhD_normal.jpg" favoritecount="21" retweetcount="5" status="Jab we META🚂 #Facebook #Meta" createdat="1635490279000" id="1453977730840555533"></div><br /><div type="twitter" handle="Grofers" handlename="grofers" image="http://pbs.twimg.com/profile_images/1392073956744601603/DKia-fi5_normal.jpg" favoritecount="14" retweetcount="6" status="which universe would you rather be in?#Meta #Metaverse https://t.co/89IgMLTE2B" createdat="1635491197000" id="1453981580574150658"></div><br /><div type="twitter" handle="PregaNews" handlename="Prega News" image="http://pbs.twimg.com/profile_images/1238738467674157056/S7IgXHGY_normal.jpg" favoritecount="1" retweetcount="0" status="Who is ready to enter the new world of #Metaverse? #Meta #PregaNews #PregaNewsMeansGoodNews #Topical https://t.co/ogP9cIbYMv" createdat="1635488495000" id="1453970249401782278"></div><br />

From Ixigo and Wendy’s to Dunzo, here’s how brands reacted to Facebook’s rebranding to Meta

<br /><ul><li><strong>Ixigo is looking for professionals for the technology and customer experience roles. <br /></strong></li><li><strong>Some of the open positions include UI Technology Lead, QA Lead, iOS, and Backend Developers.<br /></strong></li><li><strong>These are all full-time roles based in Gurugram, requiring approximately 3 to 6 years of industry experience.<br /></strong></li><li><strong>The 13-year-old company has also reinstated salaries and granted ESOPs (Employee Stock Ownership Plan) to all its employees. </strong></li></ul>Indian traveltech platform Ixigo says it has resumed hirings as it plans to bounce back strongly in the post-COVID world. The company has transitioned to a virtual onboarding model and is looking for professionals for the technology and customer experience roles. That includes job roles like UI Technology Lead, QA Lead, iOS, and Backend Developers.<br /><br /><div type="twitter" handle="alokebajpai" handlename="Aloke Bajpai" image="http://pbs.twimg.com/profile_images/1177175803953438721/-U1mVDq5_normal.jpg" favoritecount="191" retweetcount="121" status="We're hiring again! Android / backend / UI folks interested in building for travel in the post-Covid world, DM me." createdat="1594109210000" id="1280412947840299008"></div><br />“Our hiring plan is gradually making headway and we’re continuously adding roles in line with our evolving business plans,” Rajnish Kumar, its Co-founder &amp; CTO told Business Insider. <br /><br />These are all full-time roles based in Gurugram, with a requirement of 3 to 6 years of industry experience. Ixigo also plans to onboard recent graduates in engineering and management — who are currently working as interns in the company. <br /><br />Ixigo has 150 employees as of now. <br /><br />The 13-year-old company has also reinstated salaries and granted ESOPs (Employee Stock Ownership Plan) to all its employees. It says that this is aimed at ‘compensating for the pay cuts’ that were done in the last three months to keep up with the operational costs. <br /><br />“The current ESOP grant announced will result in an additional 2.3% of the company’s overall shareholding being given to all 150 ixigems (ixigo employees). This is one of the largest and most deeply discounted ESOP grants in the company’s history, and with the lowest stock vesting period of just one year,” Ixigo said in a statement. <br /><br />Travel and hospitality industry was one of the worst hit sectors due to coronavirus. Given the uncertainty, the Ixigo suspended hirings from March to June, 2020. However, a recent survey report suggests that close to 70% of Indians are willing to travel amidst the pandemic. This has instilled hopes of revival among the industry players. <br /><br />“We are the only travel player in India to retain 100% of our staff amidst the pandemic. In the beginning of March we started working on a plan that could potentially let us survive even if revenues were to remain zero for 3 to 6 months,” Kumar added. <br /><br />The company says that the leadership team took a 60% pay cut while it slashed salaries by up to 50% for other employees. <br /><br /><strong>See also:</strong><br /><a href="https://www.businessinsider.in/india/news/lockdown-restrictions-for-it-ites-units-in-chennai-relaxed/articleshow/76885047.cms">Lockdown restrictions for IT, ITES units in Chennai relaxed</a><br /><br /><a href="https://www.businessinsider.in/international/news/nepal-bans-all-indian-news-channels-except-doordarshan/articleshow/76885110.cms">Nepal bans all Indian news channels except DD News</a><br />

Ixigo is hiring for UI designers, iOS and backend developers — existing employees get ESOPs to make up for the pay cuts

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From Ixigo and Wendy’s to Dunzo, here’s how brands reacted to Facebook’s rebranding to Meta

BI India Partner

Ixigo is hiring for UI designers, iOS and backend developers — existing employees get ESOPs to make up for the pay cuts

Prerna Sindwani

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