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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

#461

Post by caskstrength »

ethbr0 wrote: post #254
UncleOxidant wrote: post #247

Earlier quoted context omitted.

> and Taiwan situations Let's hope we don't get a Taiwan situation on top of all of the other stuff that's going on. That way lies WWIII.

I expect that's the real reason for the US and Europe's "all-in" hardline over Ukraine: signalling to China about Taiwan. Because pursuing a similar strategy with China would be substantially more expensive, in terms of treasure and blood, for both sides. But the critical date there seems to be 2030-2035 based on military preparations.

> US and Europe's "all-in" hardline over Ukraine

If you look past their big talks of outrage in news media and critically asses the actual amount of military equipment given to Ukraine, you will see that it is nowhere close to any kind of "all-in", hardline or not. They are still refusing to provide even modern main battle tanks FFS.

Re: Meta announces hiring freeze, warns employees of restructuring

#462

Post by shubb »

gwd wrote: post #455
shubb wrote: post #452

Earlier quoted context omitted.

Remember that buybacks are another way of returning money to shareholders, and Meta bought 10% of it's shares this year. A 10% yield is pretty significant and reflects its high PE ratio. However, they took on 10bn in debt this summer, joining Apple and the other FANGS. These companies claim to have high margins. For me, if Apple claims to make a 20% margin, but then spends all that money and needs to borrow more, and…

> For me, if Apple claims to make a 20% margin, but then spends all that money and needs to borrow more... NB that having a large cash reserve and borrowing more money are not mutually exclusive. From a large company's perspective, borrowing money when times are good and money is easy to get are low gives the company a "war chest" to either be able to suddenly invest money quickly should the need arise, or to weather…

Good point

Re: Meta announces hiring freeze, warns employees of restructuring

#463

Post by Gareth321 »

UnpossibleJim wrote: post #105
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…

Do you think the Digital Markets Act in the E.U. had anything to do with this? https://www.nytimes.com/2022/03/24/technology/eu-regulation-...

This hasn't gone into effect yet. When it does, it could expand Meta's ability to track users. If Apple is tracking users for ads, then they must extend that ability to third parties like Meta.

Re: Meta announces hiring freeze, warns employees of restructuring

#464

Post by morelisp »

hnfong wrote: post #445
8ytecoder wrote: post #434

Earlier quoted context omitted.

Exactly, how many times does anyone ever reach for binary traversal in their experience? It’s optimising for the 1%.

Tree structures are very common in software. Needing to traverse them is also common. Sometimes people write utility functions to help you do it (that's where querySelector comes in), but it's really bad to think this knowledge is useless in writing software. You can't even list files recursively in a directory if you don't know how to properly do a tree traversal. There are many algorithms in "leetcode" style questi…

Yeah, the first "binary traversal" I was willing to excuse as a typo.

By the second: Holy shit go read a book. Please.

Re: Meta announces hiring freeze, warns employees of restructuring

#465

Post by jiqiren »

kernel-dump wrote: post #287
moolcool wrote: post #56

My heart goes out to anybody losing their job, but it's always fantastic to see bad things happening to Meta.

I wonder what the effects of Meta failing would have on society? I can’t think of competing social network for people to migrate to. Would topic forums see a rise in popularity again or would sites like Reddit draw in some of those users.

TikTok is the new SoCIaL nEtWOrK.

Re: Meta announces hiring freeze, warns employees of restructuring

#466

Post by matt-attack »

naniwaduni wrote: post #361
dadoge wrote: 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

It has its own almost-opposite problem in only counting employees who did leave .

Exactly. If half your workforce is happy and has been there 20 years, that’s entirely non reflected in such a figure. There must be a better metric.

Re: Meta announces hiring freeze, warns employees of restructuring

#467

Post by stale2002 »

dessant wrote: post #338
stale2002 wrote: post #301

Earlier quoted context omitted.

Ah, so it was a bad faith question all along! You only asked him his reason, so you could attack him for it. Just go and say what you really meant, instead of pretending like you had anything to contribute in the first place. That way, at least the reasonable people can see what you wrote, and hopefully get you deplatformed.

Quoted post unavailable.

> Now if this warrants deplatforming in the eyes of a resonable person

What warrants deplatforming is your straight up admitance that you had nothing to contribute, were not acting in good faith, and were just asking a question to attack someone.

Just say it with your chest. That way people can judge for themselves what the heck it is you are doing.

Re: Meta announces hiring freeze, warns employees of restructuring

#468

Post by hnaccount_rng »

Ozzie_osman wrote: post #269
r00fus wrote: post #259

Earlier quoted context omitted.

But this is just in the App Store, right? Not on web or within iOS spotlight. Honestly I don't use FB, but my wife does, and I can tell you she spends about 1/100th the time in the Apple App Store as FB. I don't see Search Ads as having anywhere near the same context.

Yes, their inventory is smaller at the moment, but they also show ads in News and Stock apps (note that those ads are personalized and don't have an ATT prompt by default.. so Apple apps don't have to play by the same rules as others). My guess is they will continue to expand inventory to other Apple apps (eg Maps, etc), but whether they try to build a full-fledged ad platform (where you can use Apple to buy ads in 3…

Where do you get ads in the Stocks app? At least I don't. Though the yahoo finance news stuff is rather useless.

Re: Meta announces hiring freeze, warns employees of restructuring

#469

Post by ChuckNorris89 »

tsimionescu wrote: post #421
ChuckNorris89 wrote: post #411

Earlier quoted context omitted.

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.

That is patently false. Especially the Western and Northern EU countries have a massive influx of high-skill workers (doctors, programmers, engineers) from both Eastern EU countries (which will dry up sooner rather than later, to be fair, with terrible population growth already happening for more than a decade in places like Romania), but also from neighboring countries - Turkey being the largest source. Even the so…

>Especially the Western and Northern EU countries have a massive influx of high-skill workers (doctors, programmers, engineers) from both Eastern EU countries

That's mostly false. I haven't met a single programmer from Romania in Austria or any dev from turkey who wishes to emigrate here. Non-EU skilled people I met all want to move to low tax high salary places like Switzerland, UK, Netherlands. Having an open borders immigration policy is discouraging for those with skills who can afford to shop around for the better option vs economic refugees who shop around for the country with the most welfare.

If I look at the immigration statistics here, most immigrants are refugees from Africa, Middle East, and East Asia, not doctors and engineers with visas, those are only a tiny minority of the total immigration.

Re: Meta announces hiring freeze, warns employees of restructuring

#470

Post by ChuckNorris89 »

Gareth321 wrote: post #460
ChuckNorris89 wrote: post #411

Earlier quoted context omitted.

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.

I am generally in favour of tightening migration laws in general around Europe, but even I can admit that this isn't accurate. Many European countries are wonderful places to live and raise families. Canada and the U.S. absolutely compete with the U.K., Nordic countries, the Netherlands, Switzerland, and even France and Germany, on skilled workers. The U.S. offers the best wages, and people motivated primarily by wag…

Why isn't this accurate? I never said Europe is not a great place. I said that the statistical majority of immigrants moving here are mostly low skilled refugees in the tens of thousands a month, rather than the much needed doctors, nurses, teachers and various workers and engineers wich are very few of the total immigration population.
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