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Meta lays off 11,000 people

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Re: Meta lays off 11,000 people

#781

Post by [deleted] »

ml_basics wrote: post #778
nicolashahn wrote: post #758

Some data from the inside: Reality Labs (AR/VR) hit less hard than the rest of the company. No one on my team or adjacent teams let go. Most bootcampers (unallocated new hires) are gone, even ones that were performing well. Low performer from my past team outside RL was let go, so it appears performance was a factor for a lot of roles, rather than just axing entire teams based on business need. edit: updated to clear…

> Most bootcampers are gone, even ones that were performing well. What are bootcampers, does this just mean recent hires? Or people who came in with no specialist skills who rotate until they find a team?

[deleted]

Re: Meta lays off 11,000 people

#782

Post by jonasdegendt »

ml_basics wrote: post #778
nicolashahn wrote: post #758

Some data from the inside: Reality Labs (AR/VR) hit less hard than the rest of the company. No one on my team or adjacent teams let go. Most bootcampers (unallocated new hires) are gone, even ones that were performing well. Low performer from my past team outside RL was let go, so it appears performance was a factor for a lot of roles, rather than just axing entire teams based on business need. edit: updated to clear…

> Most bootcampers are gone, even ones that were performing well. What are bootcampers, does this just mean recent hires? Or people who came in with no specialist skills who rotate until they find a team?

People without any formal higher education, but only coding bootcamp experience.

Re: Meta lays off 11,000 people

#783

Post by twblalock »

jghn wrote: post #266
andyjohnson0 wrote: post #246

> I got this wrong, and I take responsibility for that. As always with these things, I wonder what taking responsibility actually means in practice. Businesses usually try to find ways to correct for major failures in decision making. In the case of Zuck, given his ownership, does anything actually happen or change? I'm sure his net worth has been reduced by changes to Meta's share price, but he was a multi-billionai…

At sone point “I take responsibility” came to mean nothing more than “My bad”. It’s as if the act of saying it was your fault is all that’s necessary. Ive noticed it used this way more and more, presumably as people realize it’s utility as a get of jail free card

When did it mean anything other than "my bad"? It never did.

Re: Meta lays off 11,000 people

#784

Post by ericpauley »

SeriousM wrote: post #463

Mark's statement has a fineprint at the end about future uncertainty and "forward-looking" statements. I guess that's the new way to state your point and at the same time change the meaning of it in the fineprint.

This is very standard (and legally necessary) boilerplate in any public statement.

Re: Meta lays off 11,000 people

#785

Post by concordDance »

Leires wrote: post #690

I'm sorry, but honestly fuck Meta. Conducting psychological experiments on users without consent, and enabling psyops from organizations like Cambridge Analytica, is enough for me to never use their services. I hope they implode as a company. I happily said no when people from meta approached me on LinkedIn.

Do you just fundamentally hate the concept of an A/B test? Or do you just hate the idea of letting people outside the company know the results?

Re: Meta lays off 11,000 people

#786

Post by callmeal »

princevegeta89 wrote: post #717
alasdair_ wrote: post #670

I worked at Facebook when covid first hit. Zuckerburg treated everyone in the company very, very well. There was a blanket "don't worry about performance, take care of your families" guarantee that honestly was an enormous help. The thing that particularly struck me though was the way he handled contract workers like (some of) the kitchen staff, cleaners, etc. These people don't work for Facebook and he had zero obli…

Meta may sound like an unethical company frequently from a product standpoint, but Zuckerberg is a very good guy in general and he treats employees very well.

Company over Country right?

Re: Meta lays off 11,000 people

#787

Post by kat_rebelo »

gfd wrote: post #704
Leires wrote: post #690

I'm sorry, but honestly fuck Meta. Conducting psychological experiments on users without consent, and enabling psyops from organizations like Cambridge Analytica, is enough for me to never use their services. I hope they implode as a company. I happily said no when people from meta approached me on LinkedIn.

Not saying it makes it okay, but every company in existence does this to some extent. Everyone does A/B testing with the intent to alter user behavior (aka psychology) to increase their profits.

A/B testing is a completely different thing from hiring Behavioral Psychologists to design your platform to be as addictive as possible

https://www.goodreads.com/book/show/30962055-irresistible

Re: Meta lays off 11,000 people

#788

Post by Vibgyor5 »

chasd00 wrote: post #636
mattmaroon wrote: post #364

Earlier quoted context omitted.

Yeah that’s about it. He’s lost about $90b in net worth. I suppose you can debate whether that’s punishment enough or not when you’ve got another $38b left or whatever. But I’ll tell you this from experience: lasting people off because you chose to grow too fast is really, really hard. I’ve done it, though in my case it was a lot fewer people and I actually knew and loved them all. If I had to lay off 11,000 people I…

He's lost a lot but it's not like he's having to ask his wife to stop going out to lunch with her friends. There's a level of wealth where the numbers just stop having any real meaning. $1B is still multiple lifetimes of the most decadent luxury currently possible.

> He's lost a lot but it's not like he's having to ask his wife to stop going out to lunch with her friends

Fairly sure that none of the FB employees are paid so low where they have to stop asking their spouses to go on a $20 lunch with friends.

Re: Meta lays off 11,000 people

#789

Post by ipaddr »

princevegeta89 wrote: post #717
alasdair_ wrote: post #670

I worked at Facebook when covid first hit. Zuckerburg treated everyone in the company very, very well. There was a blanket "don't worry about performance, take care of your families" guarantee that honestly was an enormous help. The thing that particularly struck me though was the way he handled contract workers like (some of) the kitchen staff, cleaners, etc. These people don't work for Facebook and he had zero obli…

Meta may sound like an unethical company frequently from a product standpoint, but Zuckerberg is a very good guy in general and he treats employees very well.

Blame Sheryl Sandberg for many of the unethical decisions

Re: Meta lays off 11,000 people

#790

Post by lovelearning »

> I’ve decided to...let more than 11,000 of our talented employees go.

It's phrased as if those 11,000 were itching to go away all this time. Then Mark, in his infinite benevolence, "let" them finally "go." He hath freed the birds from their golden cages.

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