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Meta announces hiring freeze, warns employees of restructuring

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Re: Meta announces hiring freeze, warns employees of restructuring

#141

Post by mrkramer »

colinmhayes wrote: post #117
jeffbee wrote: post #65

Earlier quoted context omitted.

I used to think this about Snap but then https://www.pewresearch.org/internet/2022/08/10/teens-social...

Problem with snapchat is that no one older than 25 uses it. They've already saturated their user base and stuffed as many ads as they can into the app. There's not really anywhere for them to go and they're still losing money.

They refused Facebook's acquisition offer but I think their endgame is getting acquired by Google. Facebook offered $3bn but Google will have to offer much more, at least x5 more.

Re: Meta announces hiring freeze, warns employees of restructuring

#142

Post by n0us »

ccooffee wrote: post #8
juice_bus wrote: post #4

What an awful way to announce that. Q&A is over folks, everyone go back to their desk and start working again - good luck!

Such a poor plan. Dropping this in a Q&A means that nothing else said will be remembered. It's also being implemented in a completely asinine way: "individual teams will sort out how to handle headcount changes". Take no culpability for anything, and ensure that the confusion and anger targets the bottom-most level of management. What a classy move!

I'm sure that senior leadership will also be held accountable for the over-hiring they mandated and their teams will be among the first to reduce headcount \s

Re: Meta announces hiring freeze, warns employees of restructuring

#143

Post by throwawayhtml »

burai wrote: post #133
nobleach wrote: post #21

Earlier quoted context omitted.

Have you ever interviewed with Facebook/Meta? They don't do leetcode problems. Say what you want about them as a company, but I've done quite a few interviews in my career and their process was one of my favorites.

I interviewed for them. Questions were Front End related. One of the questions were "how could you find a node in an hmtl by id", to which I answered "using the DOM api, a querySelector would do a good job". The interviewer started hypothesising that the querySelector is not available, so we had to start discussing a whole binary traversal algorithm. If that's not leetcode I don't know what qualifies as it

document.getElementById??

Re: Meta announces hiring freeze, warns employees of restructuring

#144

Post by bitL »

tomrod wrote: post #100
bitL wrote: post #78

Earlier quoted context omitted.

Their interview process improved significantly and they had it arguably better than any other FAANG in recent years.

Eh, must have failed to push it organization-wide.

Well, a friend of mine was invited to an on-site interview at Google once, flew a few hours there, then arrived at the reception, waited for 7 hours, then they told him they forgot about him and he can go back home. Some people have bad experiences for many different reasons (shrug)... Pity it happened to you.

Re: Meta announces hiring freeze, warns employees of restructuring

#145

Post by unity1001 »

boringg wrote: post #90
Ozzie_osman wrote: post #53

Our startup spends a little bit on Facebook Ads (across FB, Instagram, etc). It's very clear over the past few months that there's trouble in the ads engine. Attribution is a mess, ad efficiency fluctuates randomly, the UI and API are flaky. I don't know whether this is a result of the ios privacy changes, the broader economy affecting ad spend, or internal issues... Maybe a mix. But it's clear that Meta's main reven…

iOS privacy has killed facebook advertisements. Meta is dealing with it currently - so are all small businesses who relied on good conversion from their ad targeting that has gone to isht since then. Apple will probably fill in that void at some point they've got a lock on all that intelligence. I'm curious how long it will take and how they will manage to do it without stepping on privacy toes.

It defies description why they aren't bringing context-sensitive ads back. They didn't follow you all around the Internet, they were relevant in any given context, and you felt less need to block them out mentally.

Re: Meta announces hiring freeze, warns employees of restructuring

#147

Post by dessant »

filoleg wrote: post #128
dessant wrote: post #108

Earlier quoted context omitted.

> Do you seriously struggle to think of possible reasons for why someone would want to work for Meta? Yes, I struggle to think of a good reason to work for such a harmful company as Meta. People usually don't land there because of a desperate need for money, which would probably be one of the very few acceptable reasons for joining that company. And why should my question be in good faith? Why should we not call out…

> I struggle to think of a good reason to work for such a harmful company as Meta WhatsApp is an extremely useful product in my life. Instagram is nice for keeping up to date with some friends I don't get a chance to hangout in-person with often, as well as following some small local artist and museum pages. I dont care for FB as a product anymore, but pre-pandemic it was great for helping organize events with my fri…

No post body was provided.

Re: Meta announces hiring freeze, warns employees of restructuring

#148

Post by ianbutler »

time_to_smile wrote: post #119
ianbutler wrote: post #22

Earlier quoted context omitted.

Oh no the market has corrected to 2019 levels because the ridiculous amount of free cash has stopped! Clearly the era of tech is over and we should all wrap up and go home. I don't think there is anything substantial here to suggest this is anything other than a normal recession and even if this was like the dotcom bubble, these companies aren't like dotcom era startups. They're massive behemoths intertwined with the…

> I don't think there is anything substantial here to suggest this is anything other than a normal recession Then I'm guessing you haven't been paying much attention to anything. Have you seen what's happening in the bond market these days? Looked at the insane actions the BoE is taking coupled with their insane tax policy? Have you seen the rising dollar are you aware the threat that makes to the entire global credi…

I don’t know that I’m particularly concerned about the UK causing a global economic crisis. I am aware of what’s happening with them, I’m currently vacationing in Ireland so it’s been on the news but I just don’t know that the UK will be anything to cause larger global consequence.

I was not aware of the US bond market crumbling, and having a quick read it doesn’t seem to be, it seems to be a consequence of the fed raising rates which will obviously not continue indefinitely.

To be honest it still seems like a normal recession but with a bunch of hyperbolic news headlines attached.

Re: Meta announces hiring freeze, warns employees of restructuring

#149

Post by xvector »

subsubzero wrote: post #98
tristor wrote: post #48

Earlier quoted context omitted.

I had a radically different experience. The worst interview I've ever had was with FB about 9 years ago. I got an offer and it was significantly (like more than 2x) what I was being paid at the time and I turned it down because the interview experience was so awful I couldn't imagine working with the people who had conducted my interview. Even setting aside other ethical concerns, I've added FB to my permanent blackl…

I interviewed with them 12 years ago, it was a long time ago but I remember all the interviewers felt like they had come from a funeral, everyone was absolutely miserable. I knew right then and there I could never work at a company with such negativity, also they wanted me to skip my honeymoon to start with them which I was not about to do so overall a terrible company and experience. And after I started learning abo…

I interviewed with Meta a few months ago and all my interviewers were upbeat, enthusiastic, and excited. Meanwhile my Google and Amazon interviewers looked miserable and bored as fuck.

With Google it's actually been a pattern. Interviewed for them and passed HC three times, but each time I couldn't bring myself to work for them given how bored everyone looked.

Re: Meta announces hiring freeze, warns employees of restructuring

#150

Post by nobleach »

oblio wrote: post #101
nobleach wrote: post #21

Earlier quoted context omitted.

Have you ever interviewed with Facebook/Meta? They don't do leetcode problems. Say what you want about them as a company, but I've done quite a few interviews in my career and their process was one of my favorites.

Leetcode problems doesn't mean leetcode.com problems in a narrow sense (aka copy paste). It means reasonably complex algorithmic and data structure problems you're supposed to solve by coding under pressure, quickly, in interview conditions. And if you think that's not happening, I have a bridge in Brooklyn to sell you.

I suppose I AM confused then. I don't mind someone asking me complex algorithmic problems as long as we're WORKING toward a solution together. To me, leetcode means, "you have 45 minutes to solve these 2 or 3 problems... I'll watch".

Algorithmic thinking is kinda what I do. So solving those problems doesn't feel like a bad proxy for how I might perform on the job.

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