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Meta lays off 11,000 people

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Re: Meta lays off 11,000 people

#891

Post by jahsome »

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.

I understand the sentiment. I agree there should be accountability.

With that in mind, I'd like to point out root merely expressed an anecdote about above and beyond humane treatment of employees from the CEO. Parent described the hacker-friendly culture. Those appear to be first hand accounts.

How does your comment relate contribute to that discussion?

Further, how does over the top and genericized outrage and harm wishing on a cohort of innocent people advance society in any meaningful ways?

Re: Meta lays off 11,000 people

#892

Post by azemetre »

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?

Facebook has a program where a majority of new hires go through to learn about their tech stack and contribute to a variety of teams. It's also where you find a team to join.

Basically a high powered onboarding program that is really good.

Re: Meta lays off 11,000 people

#893

Post by sicp-enjoyer »

triceratops wrote: post #452
texasbigdata wrote: post #255

Earlier quoted context omitted.

That’s super pessimistic. What do you want him to say: “sucks all y’all lost your jobs but wasn’t my fault. Haha you’re unemployed now”. Like sure it’s not much, but without owning your mistakes how do you get better and improve to prevent them from repeating?

He can resign. As CEO he's ultimately responsible for the share price. By that measure, he just might be the worst-performing employee at the company.

Do you have someone in mind?

Re: Meta lays off 11,000 people

#895

Post by mike_d »

colordrops wrote: post #755
sytelus wrote: post #683

Earlier quoted context omitted.

I am particularly sad about current state of Meta. Regardless of what people think of Facebook and Zuck, he was unapologetically a hacker. I visited FB campus few times and emphasis on hacker culture everywhere was just immensely delightful. He knew the value of good hacker and raised bar for the compensation across the entire industry. Ship your code today was absolutely refreshing. Number of open source projects th…

NSA is also probably a great place for hackers, but their mission is trash. Someone once drew a 2x2 grid for me. One dimension was competence, and the other was right mission. I was then asked what is the most dangerous square on the grid. The answer is competent with the wrong mission.

You don't agree with the tiny sliver of the NSA mission that you know about.

90% of the work they do is purely defensive. The offensive work targets bad actors and foreign governments/militaries, compared to other countries intelligence services that also engage in economic espionage.

In a perfect world they wouldn't need to exist at all. But we don't live in that world.

Re: Meta lays off 11,000 people

#896

Post by lovecg »

nomilk wrote: post #147

> the macroeconomic downturn, increased competition, and ads signal loss have caused our revenue to be much lower than I’d expected What's "ads signal loss"? Is that iPhone asking for permission to track activity across apps, causing less accurate ad placement?

Attribution, not placement

Re: Meta lays off 11,000 people

#897

Post by jjav »

rossjudson wrote: post #874
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.

You seem very sure of what you know, and very confident about how the people working at Meta think and act. Do you have any direct experience? Or know anyone who works there?

Not OP but the things OP is saying are well covered in the press, no need to know anyone there.

Re: Meta lays off 11,000 people

#898

Post by mertd »

skee8383 wrote: post #779

Meanwhile all you hear on the mainstream news is "Labor shortage" "No one wants to work" "Companies are having trouble finding talent". This smells like 2008 all over again. Housing market is tanking, MSM is lying about employment numbers. Companies are lying about how many people they are actually hiring. I went through all this back in 08. you'd put in applications and never hear anything back, then the next day yo…

Labor participation is still below pre-pandemic levels.

Most labor numbers are dominated by blue collar or service jobs. They are not fungible with tech labor.

Re: Meta lays off 11,000 people

#899

Post by dcchambers »

nokeya wrote: post #32

So, after Twitter and Meta layoffs there will be around 15,000 people looking for the job. In one moment. With other layoffs it can be counted over 20,000 people IMHO. Will this over flood the market and bring expectations and salaries down?

Will this saturate the market for all open programming/software engineering positions? No.

Will it disturb the market for engineers expecting to make $500k/yr 2 years out of school? Absolutely. But most tech stocks being down 50%+ YTD had already done that.

I think there's going to be a lot more layoffs announced from far more companies over the next 6-12 months. I think all of those people will be able to find jobs, but I think many of them will have to settle for significant pay cuts. The insane TCs driven by an inflated stock market that were seen in certain markets/from certain companies are certainly going away for a long while.

Personally, I wish that people in our industry would push for a larger base salary-based comp and less stock-based.

Re: Meta lays off 11,000 people

#900

Post by paxys »

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…

I agree with your overall point, that Facebook employees have been very well taken care of, but:

> There was a blanket "don't worry about performance, take care of your families" guarantee that honestly was an enormous help.

Yet now he is firing people based on those same performance reviews. Plenty of people I know at Facebook feel betrayed because of exactly this.

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