Earlier quoted context omitted.
Given facebook/Zuckerberg’s history it’s tough to give them the benefit of the doubt. From day one it’s been ruthless, harmful ambitions and business practices. It is a bad company that does bad things. They also burn capital at insane rates on projects nobody wants then fire everybody involved (see: the metaverse, the very reason they rebranded to that dumb name)
I can pretty much agree with everything you said in the first line but for the second, I guess I don't consider that terrible? they make risky bets, pay people tons and tons of money to try them, then if it doesn't work out they shut down the projects and let the people go? that feels like every startup except the employees actually get compensated. if that's driving the extra layoffs, it's hard to feel too bad for p…
Meta tells staff it will cut 10% of jobs
291–300 of 923 posts
Re: Meta tells staff it will cut 10% of jobs
#292Let's be honest, Meta over hired. Big time. If anyone ever interviewed a few Meta engineers, he would easily see that a large percentage of them had really small, and sometimes bullshit scopes. As a result, such engineers couldn't articulate what they do in Meta, couldn't deep dive into their own tech stacks, nor could solve common-sense design questions when they just deviated a bit from those popular interview ques…
Re: Meta tells staff it will cut 10% of jobs
#293Earlier quoted context omitted.
Apple makes cutting edge hardware, at least two operating systems and lots of user applications. Google makes search, cloud, a decent office suite with the largest mail server in the world and of course cutting edge AI. It's easy to see why either of them needs twice as many people as Meta
Whatsapp powers entire economies, outside of North America. And then there's Instagram. If we're going by that reasoning, Meta's undersized.
WhatsApp could not change for the next 50 years, and it would continue doing that just fine.
Re: Meta tells staff it will cut 10% of jobs
#294Earlier quoted context omitted.
Yeah, but, just objectively speaking, look at how many _more_ business lines and units and actual PRODUCTS each of those other companies ship in comparison. Meta has... Facebook. Instagram. Threads, if you want to count it. What'sApp. The ad-tech that powers those things. A black hole of a VR division that has since been eviscerated after billions burned. An AR/device divison that sells glasses. And a burgeoning supe…
Apple also has an entire international retail arm.
The headcount analog for Google is Apple. And if you subtract out the retail employees Apple looks surprisingly efficient, having much less non-retail staff than Google (although both heavily use contractors).
Meta on the other hand...is pretty much the definition of bloat.
Re: Meta tells staff it will cut 10% of jobs
#295Earlier quoted context omitted.
Apple makes cutting edge hardware, at least two operating systems and lots of user applications. Google makes search, cloud, a decent office suite with the largest mail server in the world and of course cutting edge AI. It's easy to see why either of them needs twice as many people as Meta
Whatsapp powers entire economies, outside of North America. And then there's Instagram. If we're going by that reasoning, Meta's undersized.
Re: Meta tells staff it will cut 10% of jobs
#296Earlier quoted context omitted.
Meta has about 10% more employees now than they did at the end of 2021. They currently have less than half the employees of Google or Apple; only a third of Microsoft. If you're right, the rest of big tech is in a much worse position.
Yeah, but, just objectively speaking, look at how many _more_ business lines and units and actual PRODUCTS each of those other companies ship in comparison. Meta has... Facebook. Instagram. Threads, if you want to count it. What'sApp. The ad-tech that powers those things. A black hole of a VR division that has since been eviscerated after billions burned. An AR/device divison that sells glasses. And a burgeoning supe…
Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it.
Re: Meta tells staff it will cut 10% of jobs
#297Earlier quoted context omitted.
As someone who has worked at big tech (and interviewed fellow big tech workers), I can confirm this is pretty typical. People from Google, Meta, Microsoft, Apple, etc...it's all the same. Given the size of these organizations (anywhere from 100K-300K employees if you include contractors), there's a vanishingly small chance the individual you're interviewing had influence or responsibility over any important thing spe…
Given how inefficient Meta et al are, why do the pay so much more than the nimbler smaller companies? (Rhetorical question, I already know the answer: monopoly and regulatory capture) Of course those engineers would rather have more meaningful work if it came with similar compensation and work life balance.
Re: Meta tells staff it will cut 10% of jobs
#298Let's be honest, Meta over hired. Big time. If anyone ever interviewed a few Meta engineers, he would easily see that a large percentage of them had really small, and sometimes bullshit scopes. As a result, such engineers couldn't articulate what they do in Meta, couldn't deep dive into their own tech stacks, nor could solve common-sense design questions when they just deviated a bit from those popular interview ques…
Meta has about 10% more employees now than they did at the end of 2021. They currently have less than half the employees of Google or Apple; only a third of Microsoft. If you're right, the rest of big tech is in a much worse position.
Re: Meta tells staff it will cut 10% of jobs
#299Let's be honest, Meta over hired. Big time. If anyone ever interviewed a few Meta engineers, he would easily see that a large percentage of them had really small, and sometimes bullshit scopes. As a result, such engineers couldn't articulate what they do in Meta, couldn't deep dive into their own tech stacks, nor could solve common-sense design questions when they just deviated a bit from those popular interview ques…
Meta has about 10% more employees now than they did at the end of 2021. They currently have less than half the employees of Google or Apple; only a third of Microsoft. If you're right, the rest of big tech is in a much worse position.
But both Google and Microsoft also massively overhired around the same timeframe as Meta, and are still digging themselves out of the mess of their own making. And making their teams pay for such stupidity.
Re: Meta tells staff it will cut 10% of jobs
#300Earlier quoted context omitted.
I'm guessing a lot of these large companies will have massive layoffs followed by slightly less massive re-hiring in 6 to 18 months.
but why rehire at all? if AI is even half as competent as they say it is, then they don't need all those employees. Afterall, some of the latest models are passing the GDPW benchmark with flying colors. wouldn't it make sense to just keep laying off more and more and replacing it all with AI? I think there's a big disconnect between how competent the AI crowd says it is vs reality.