Live data from Hacker News

Meta announces hiring freeze, warns employees of restructuring

bloomberg.com

411–420 of 540 posts

Re: Meta announces hiring freeze, warns employees of restructuring

#411
post #348

Earlier quoted context omitted.

>They'll be going into a very stark population collapse that's worse than what Japan is experiencing now, where adult diapers outsell baby diapers. As opposed to most of Europe ... Also, the quality of your human capital is more important than just having a large unsustainable population growth without much marketable skills or know-how on the international scale. Otherwise parts of Africa and Asia would be economic…

Europe doesn't have a population collapse. They make up the difference with immigration, as does Canada and the US. Japan and China do not.

Most immigration to Europe is incredibly low-bar unskilled economic chancers interested in exploiting the welfare state, not skilled workers, doctors and engineers like you get in US and Canada which have stricter immigration policies.

Re: Meta announces hiring freeze, warns employees of restructuring

#412

Earlier quoted context omitted.

Not very relevant, but an observation: I've noticed that users on HN like to use the phrase "eating their lunch" to describe the dynamic between TikTok and Facebook. It would be interesting to search HN comments from the past 12 months for "eating their lunch" and analyze what proportion of them refer to TikTok.

Why is that remotely notable? It's hardly an uncommon phrase.

It’s not an uncommon phrase, but it seems like people disproportionately use it in describing this particular situation.

Re: Meta announces hiring freeze, warns employees of restructuring

#413
post #406

Earlier quoted context omitted.

>They'll be going into a very stark population collapse that's worse than what Japan is experiencing now, where adult diapers outsell baby diapers. As opposed to most of Europe ... Also, the quality of your human capital is more important than just having a large unsustainable population growth without much marketable skills or know-how on the international scale. Otherwise parts of Africa and Asia would be economic…

Immigration is incredibly key to this. There are a number of nations where young people outstrip elderly populations and allowing the flow of people and labor is crucial, as is their enablement/assimilation/integration so that they stay

Except immigration to Europe is mostly unskilled workforce that doesn't assimilate very successfully.

Also, the cost of housing in Europe is increasing so much that all those young people don't see a bright future ahead without help from the bank of mom and dad.

Re: Meta announces hiring freeze, warns employees of restructuring

#414
post #390
post #360

Earlier quoted context omitted.

“Length of tenure at time of severance” That is such a better metric, why is this not used more often

I thinkit is impossible to get this number

What do you mean? Every employer I've worked for had data for the starting date of their employees, when someone leaves you have an end date of employment. It's a pretty simple metric to calculate.

Re: Meta announces hiring freeze, warns employees of restructuring

#415
post #183

Earlier quoted context omitted.

True lightfield display would be a start....

Which reminds me, whatever happened to magic leap?

They burned through an ungodly amount of money. There was a headset that they released four years ago - it was a flop. Similar deal to the hololens, first generaion aimed at developers. Recently they've pivoted and there is a second generation headset announced that is aimed at business users.

Re: Meta announces hiring freeze, warns employees of restructuring

#416
post #133

Earlier quoted context omitted.

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

Basic tree traversal is considered "leetcode" these days? No wonder software is shit.

for html node selection? this seems like a silly jump

Re: Meta announces hiring freeze, warns employees of restructuring

#418
post #249

Earlier quoted context omitted.

Who in their right mind would buy a Facebook phone, considering the neverending security issues, data leaks and total disregard for user privacy?

The same people that still use Facebook. Which is to say, we could probably find a couple of billion people who couldn't give two rats asses about all that, and just want to respond to Aunt Nancy's political rants[1] in a space where everyone can see. [1] Or watch Feel Good Videos ABOUT People Spontaneously HELPING Poor ANIMALS Trapped In A PREDICAMENT [2]. [2] That the people in question may or may not have put them…

I genuinely despise the people that make [1][2] for monetisation purposes and ad dumping. Intentionally torturing and starving small animals for likes. Fuck.

Re: Meta announces hiring freeze, warns employees of restructuring

#419
post #406

Earlier quoted context omitted.

>They'll be going into a very stark population collapse that's worse than what Japan is experiencing now, where adult diapers outsell baby diapers. As opposed to most of Europe ... Also, the quality of your human capital is more important than just having a large unsustainable population growth without much marketable skills or know-how on the international scale. Otherwise parts of Africa and Asia would be economic…

Immigration is incredibly key to this. There are a number of nations where young people outstrip elderly populations and allowing the flow of people and labor is crucial, as is their enablement/assimilation/integration so that they stay

No post body was provided.

Re: Meta announces hiring freeze, warns employees of restructuring

#420

Earlier quoted context omitted.

I think it just heavily favors new grads, who just spent a year+ studying algorithms. Those with full time jobs have to spend precious hours of free time remembering how to do these.

> I think it just heavily favors new grads, who just spent a year+ studying algorithms. Year+ is a fair assessment. A proper Computer Science course(4 years!) is mostly about algorithms. Most of leetcode hard would qualify as warmup exercises for my class. That was a while ago. Right now? My brain is chock full of architectural stuff, k8s, several programming languages, multiple cloud provider idiosyncrasies, etc etc…

I'm practicing leetcode right now and I'm also working on a side project in Rust. I confirm it's much more fun writing some stuff in Rust.
Post reply on HN