Meta slashes hiring plans, girds for 'fierce' headwinds

Post by thaumasiotes » Fri, Jul 01, 2022, 10:32 AM UTC

ShamelessC wrote: post #129

thaumasiotes wrote: post #114

Earlier quoted context omitted.

> "We're going to make PSC less onerous and stressful by only doing it once a year!" There's something interesting going on here. I agree that people will probably perceive annual PSC as less stressful than semiannual PSC. But even there, some people might not. And there is a point where more frequent is very clearly less stressful. If you did PSC once a week, it wouldn't be cause for stress, it would just be somethi…

What about, you know... _zero_ "PSC"? Sounds like the type of shit a company does when it builds a culture of mistrusting its own employees.

Post by kypro » Fri, Jul 01, 2022, 10:34 AM UTC

cs137 wrote: post #130

achow wrote: post #2

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…

This is the, "I fucked up and I'm going to have cut people, but I'm going to blame the people getting cut because I'm a shit human being" speech. It's never a good sign.

Post by unclebucknasty » Fri, Jul 01, 2022, 10:38 AM UTC

savolai wrote: post #128

boredtofears wrote: post #71

Earlier quoted context omitted.

Like I said in my original comment: I'm sure there are a ton of interesting jobs at meta, no doubt - but they are the "meta" jobs of meta. In terms of driving their primary objective it's nothing that innovative from a technical perspective. Their innovation is solely rooted in behavioral psychology. Not self-driving cars, not better medical devices, not VR technology (well, OK, they bought their way into that). The…

No, it doesn't seem like they're doing much to alleviate the damage to society they've done. Still your comment seems rather cynical. Yet, relative to the age of humanity or even modern society, they are still a new modality to humanity's interaction. One that facilitates also a lot of good that's happening in the world. There is still a ton they could do right if they chose to, to make that environment for communica…

Post by aetherson » Fri, Jul 01, 2022, 10:44 AM UTC

gundmc wrote: post #111

zuhayeer wrote: post #48

It’s interesting because slashing hiring plans at a big company is almost akin to a full fledged layoff at a later stage private company. Simply because of attrition levels at these large companies, just stop hiring and stay put for a while and you’ve trimmed size. Way different for a startup where people are sticking around for a payday.

When the economy turns south the attrition rates go WAY down. If things are truly bad, no one wants to leave a stable and secure gig.

Post by yieldcrv » Fri, Jul 01, 2022, 10:54 AM UTC

Dan_Sylveste wrote: post #99

yieldcrv wrote: post #98

Earlier quoted context omitted.

You will never beee president You will never beee president So that's one less thing to worry about, one less thing to worry about I imagine that song from Hamilton plays on Zuck’s bidet

You think they're using the term specifically because of its political-staff connotations? Interesting...