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Meta slashes hiring plans, girds for 'fierce' headwinds

reuters.com

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Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#401

Post by andsoitis »

Dan_Sylveste wrote: post #92
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…

What's with this seemingly-new use of 'staffers' instead of 'personnel' or 'staff?' 'Staffers' to me always meant personnel in a political context, i.e. White House Staffers or, in a commercial context, recruiters, i.e. people responsible for providing staff. Does anyone else concur? I did check with the dictionary which is telling me that 'staffers' is a synonym for 'staff' but... I've not seen it used that way comm…

In the North American context, a "staffer" is a member of staff of an organization, especially of a newspaper. I think reporters are using staffer because that's what they call employees at their organizations, even though the organizations they talk about doesn't use that nomenclature.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#402

Post by kornhole »

mgh2 wrote: post #134
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…

He is blaming the economy and employees, when in fact the product itself is dying. Lots of CEOs with bad businesses will play this card to avoid responsibility...

I keep asking people if they know anybody excited about the metaverse. I have not found any even among people who are total Facebook products.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#403

Post by andsoitis »

tsimionescu wrote: post #387
yieldcrv wrote: post #101

Earlier quoted context omitted.

Just do the old Netflix culture doc style Welcome! You're going to get fired! If you want a “family” join a startup!

What a horrible idea. Truly great engineering requires long-term commitment. Great engineering organizations often have people leave by retiring, not being fired.

Tenure at Netflix tends to be longer than at other tech companies.

https://developerpitstop.com/how-long-do-software-engineers-...

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#404

Post by AtNightWeCode »

kjeetgill wrote: post #396
AtNightWeCode wrote: post #394

Meta clearly have too many employees in comparison to the number of users. Even if we calculate that on the fake official user count. In my sphere people simply do not use Instagram and Facebook anymore besides for chatting. Instagram kinda killed itself for me with all the porn spam.

This is a great example of why anecdotal evidence is close to meaningless. I don't know a single person not on one of, if not, two or all three of: Facebook, Insta, Whatsapp.

Surely Meta does not have 3 billion unique users. Not even half of the people I know in one of the most technical advanced countries in the world use any service from Meta. It is just sucha ridiculous number. Meta is a fraud and the stock will tell truth sooner or later. Sooner it seems…

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#405

Post by meheleventyone »

aetherson wrote: post #276
synu wrote: post #224

Earlier quoted context omitted.

How does this work well? Aren’t the good people the first to leave if you decide to make everyone miserable?

It turns out that "increase expectations of delivery" is not synonymous with "make everyone miserable."

Even if you can do this accurately the second order effects in terms of stress on the team, friends and colleagues getting kicked out and self doubt do make the job more miserable. The people that are nominally “safe” aren’t some island of calm unaffected by their coworkers and culture shift that isn’t. And I’d expect that the actual approach will end up being a far blunter instrument and make the situation adversarial.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#406

Post by texaslonghorn5 »

lotsofpulp wrote: post #191
KptMarchewa wrote: post #121

Earlier quoted context omitted.

>17% of stocks != 17% of voting rights Stock classes are the biggest robbery of modern times.

https://www.merriam-webster.com/dictionary/robbery > larceny from the person or presence of another by violence or threat How does Facebook’s share offering meet the definition of robbery? That Zuckerberg was selling a product with such high demand and so little supply that he was able to sell at a very high price does not qualify as Zuckerberg robbing others. It is not even bread for a starving person, it is equity…

It seemed obvious to me that robbery was being used in the colloquial sense (rip off)

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#407

Post by zac23or »

msbarnett wrote: post #214

Yeah, "we hired people we shouldn't have so now we're going to make it increasingly unpleasant to work here" doesn't work. First-hand, what I've seen happen is that your most talented people, who are the most in demand, leave the organization quite quickly because they correctly realize they don't have to put up with this bullshit. It's the coasters who fear they'll never land an equally cushy job who attempt to ride…

> First-hand, what I've seen happen is that your most talented people, who are the most in demand, leave the organization quite quickly

True. The first time I came across this effect was reading the book about the IBM disaster: Big Blues https://www.amazon.com/Big-Blues-Unmaking-Paul-Carroll/dp/05...

After twenty years working in the field, my conclusion on this is: the good worker for the people in power is irrelevant. They want to get rid of anyone and that's it.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#408

Post by deckard1 »

redisman wrote: post #14
hinkley wrote: post #8

Earlier quoted context omitted.

I've heard it asserted that your median level of talent doesn't change much with these strategies. But that means you're losing people that you could probably ill afford to lose.

When things get nasty and it’s clear the good days are over it’s usually those most able to leave (the actual best employees) who get the message

but where do they go? You can't escape the recession. All the FAANGs are in it. A startup seems even more risky in this atmosphere.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#409

Post by malermeister »

forgingahead wrote: post #180
malermeister wrote: post #31

Earlier quoted context omitted.

I quit Facebook because I was getting pings by Zuckerberg himself on button padding on one of his pet projects.

But why was your padding work so shoddy?

Cause i was modifying the shoddily built codebase of the feature we were modifying.

Turns out "move fast and break things" doesn't make for maintainable code.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#410

Post by sorokod »

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…

There is something charming about the use of "realistically", a discovery the CEO just had that "bunch of people at the company who shouldn't be here" as if this had nothing to do with him.
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