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Meta tells staff it will cut 10% of jobs

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Re: Meta tells staff it will cut 10% of jobs

#452
post #401

Earlier quoted context omitted.

Alright, apart from Instagram, WhatsApp, Llama 1 & 2 and somehow managing to sell nearly 10M less nerdy google glasses what has Zuck done for FB?

Pretty sure they bought Insta and Whatsapp. I mean, that's not nothing, buying a successful business and keeping it successful for over a decade. But neither Zuck nor Meta made those platforms; they were both established successes in their own right before acquisition.

Only The Zuck saw the value though. Why didn't MS, Amazon or Google buy insta? Or some Softbank vehicle?

Re: Meta tells staff it will cut 10% of jobs

#453

Earlier quoted context omitted.

many of the people that will be laid off are doing very real work. i certainly was!

I believe you, but that doesn't mean the comment you're responding to is wrong. Large layoffs are like trying to doing surgery with a butcher knife while wearing an eye patch and a pair of mittens. Since companies usually don't want to telegraph the layoffs too far in advance, they try and keep the people in the know as small as possible. That means the people making the decisions on who stays and who goes are often…

I thought it's also mostly to preserve feeling, to obscure the connection between performance and layoff to ease employee transition to another job. That's why sometimes it's a branch all at once from the middle to bottom.

Re: Meta tells staff it will cut 10% of jobs

#454

Earlier quoted context omitted.

Because you have to pay people more to do boring or evil work vs meaningful or exciting work

In my experience the pay difference was never that close that meaning and ethics played a role in the decision. Cool exciting and meaningful science job: 200k Big Tech surveillance capitalism job: 800k (at the low end) The calculus has only been about affording housing and providing for the family.

Where do I get this cool exciting and meaningful science job paying $200k?

Re: Meta tells staff it will cut 10% of jobs

#455
post #255

Let'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.

choosing 2021 is itself a really odd cutoff date to choose. The really bizarre hiring happened between 2016 and 2021 https://i.redd.it/c94hnp9kvzy91.png

They had 17k employees in 2016 and 80k in 2022. And given that a lot of the big tech companies looked like this albeit not quite so extreme I think it's right to say they might all have a glut of employees.

Re: Meta tells staff it will cut 10% of jobs

#456
post #426

Earlier quoted context omitted.

One step further. Besides Facebook itself whqt has zuck been visionary about ? Instw and WhatsApp was bought. He thought chatbots was the thing in ‘17, then abandoned it for VR and metaverse, all the while chatbots start taking off. Every time he’s in an interview he talks like he’s some savant, really he got lucky with fb and done nothing since

Let’s go another step further! The continual success of fb and instagram has not come from zuck but through glorified A/B testing on steroids whilst lighting employee’s asses on fire each quarter to move the metrics. Visionary genius? My ass. Only Steve Jobs proved he is worthy of that title. Bro is a fraud. He always was - remember he stole the idea for fb. Thankfully he’s getting found out.

Did he really steal the idea? I thought the idea was just a message board for Harvard students. That isn’t novel.

Re: Meta tells staff it will cut 10% of jobs

#457
post #401

Earlier quoted context omitted.

I am convinced Mark Zuckerberg does more harm than good for Facebook like literally they lucked out on the landing the business model early but it feels it has been in an ongoing decline and everything else they have tried has failed spectacularly (and particularly things Mark has put his whole weight behind) They never became anything more than the ad company

Alright, apart from Instagram, WhatsApp, Llama 1 & 2 and somehow managing to sell nearly 10M less nerdy google glasses what has Zuck done for FB?

build and tear down metaverse. zero sum.

Re: Meta tells staff it will cut 10% of jobs

#458
This is interesting because it's a case of "AI taking jobs" but not in the way people normally mean; these massive layoffs are happening not because AI is doing the work they used to do but because capex is sucking all of the operating money out of everywhere. The companies may be forced to replace some of the laid-off employees with AI (as far as possible) but that's an effect not a cause.

Re: Meta tells staff it will cut 10% of jobs

#459
post #230

Earlier quoted context omitted.

Are you saying you interviewed meta engineers and found this? Or is this speculation?

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…

My famous interview question: "How do you copy a file to another computer?", I was told I need to tone down. It filters out too many entry/mid level candidates.

Re: Meta tells staff it will cut 10% of jobs

#460
post #401

Earlier quoted context omitted.

Alright, apart from Instagram, WhatsApp, Llama 1 & 2 and somehow managing to sell nearly 10M less nerdy google glasses what has Zuck done for FB?

Pretty sure they bought Insta and Whatsapp. I mean, that's not nothing, buying a successful business and keeping it successful for over a decade. But neither Zuck nor Meta made those platforms; they were both established successes in their own right before acquisition.

This is the case with most tech companies. Google bought Android, YouTube, DoubleClick, Maps, etc. etc.
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