21–30 of 509 posts
That's how you keep your company alive. Social is about to change quite heavily. FB as a product is now 15+ years old. This will be a really interesting space to watch.
Engagement with a real human purpose seems like a better goal than just beating tiktok, but yes I'm just being an old man nostalgic for the old innocent days.
Earlier quoted context omitted.
PSC culture?
Performance Summary Cycle. It's a thing where you get performance reviews every 6 months, and where every minute contribution gets scored. Or so I've been told by a former mid-level Facebook manager who quit after a bit more than a year because he couldn't stand that toxic place anymore. I found it particularly funny that the interviewers who gave the thumbs up to hire him would get bad marks because of his early dep…
Interesting quote from CEO in an all hands directly to employees. I don't want to be at Meta right now.. .."turning up the heat" on performance management to weed out staffers unable to meet more aggressive goals. "Realistically, there are probably a bunch of people at the company who shouldn't be here," Zuckerberg said. "Part of my hope by raising expectations and having more aggressive goals, and just kind of turni…
Yes FB is not for me. Not as a worker, not as a customer.
Interesting quote from CEO in an all hands directly to employees. I don't want to be at Meta right now.. .."turning up the heat" on performance management to weed out staffers unable to meet more aggressive goals. "Realistically, there are probably a bunch of people at the company who shouldn't be here," Zuckerberg said. "Part of my hope by raising expectations and having more aggressive goals, and just kind of turni…
Does this read “Let’s ditch those ethical people who get in the way of profit.”? Yes FB is not for me. Not as a worker, not as a customer.
(yes, I know there are probably lots of intellectually interesting jobs at Meta, but the overall purpose and mission just isn't exactly inspiring)
Maybe I'm being totally naive, but what I want from FB is not better discoverability and metaverse, I want my friends to put their lives on it like they used to a few years ago. I don't even put anything on it myself anymore because of the smell around the company, and very few people I know do either, so my feed now looks like a bunch of memes and random news, with adverts in between. Engagement with a real human pu…
Really, you _want_ to go back to that? They don't have to regain your trust in any way?
I don't think the "innocent" days were all that innocent, many were just naïve.
This is classic managed decline. They have real problems.
I went through something similar at a past employer. Best people left almost instantly. Followed by a steady drain. Then eventually the garbage got thrown out the back forcefully (people who couldn’t get out, we’re lucky to escape the purge or didn’t get the memo that they needed to leave months ago).
The reality is that Meta probably doesn’t need the best people to run what they have, it’s mostly figured out. The entire metaverse business is a giant open ended R&D spend to fool gullible pension funds and investors into not selling their stock. Building a TikTok clone by copying features won’t be that hard and doesn’t need 10,000 engineers.
They really are going to be forced to acquire companies to gain any real traction in metaverse. Very unlikely they come up with what they need in house.
Unload the ship, sabe capital, try to buy up tons of companies at the bottom at good prices to recap the talent, have some high skill team build the TikTok thing, keep a skeleton crew running the FB app.
Will just be horrible. The tone of what he just said is going to green light everyone eating eachother alive.
I wouldn’t want to be a ceo because you have to do things like this. No. Thanks.