21–30 of 101 posts
> the framing that we are using this to train AI to do everyone’s job and the sort of unapologetic, ‘we’re training your replacement, and we’re not paying you more for it’ approach is just another signal of how little Meta cares about the humans that it employs Look, I want everyone to be happy, but if you’re working at the addiction factory, I mean, let’s not kid ourselves about how much Meta cares about people.
Imagine trying to hire engineers in 2 years with all of these stories lingering. There was maybe a brief window where "everyone understood" there had to be a correction to the post-pandemic overhiring spree... but we're well past that now. These companies doing this kind of performative cruelty have started their inexorable destruction.
Idk, offer most people 300-500k and they will go eh, when can I start? You don’t know how many engineers in the world would take that.
It is difficult to get a man to understand something, when his salary depends on his not understanding it.Covid-era over-hiring was never going to end well. If there’s any silver lining to this, it’s that with the AI tools used to AI-wash the dismissals, it’s easier than ever to bone up on economics and why it’s a bad idea to hire people without a clear view of the economic margins along which the employee will be profitable for the firm.
This is a convenient strawman for companies but I think it's no longer true that the people being layed off stem from that time: https://www.macrotrends.net/stocks/charts/META/meta-platform...
Someone made a great post about other companies who have shed their 'covid excess' but are still citing that period as a motivation for their decisions.
Companies in this stage default to exactly what Meta is doing, pound their employees with pointless initiatives and programs that just grind people to the bone and ultimately go nowhere.
Covid-era over-hiring was never going to end well. If there’s any silver lining to this, it’s that with the AI tools used to AI-wash the dismissals, it’s easier than ever to bone up on economics and why it’s a bad idea to hire people without a clear view of the economic margins along which the employee will be profitable for the firm.
Earlier quoted context omitted.
Yeah! One of the most profitable companies in the world is just a message board and image host! I could build that in a weekend
Meta is only network effects. You could build that in a weekend, and so could I. or you could just fork Mastodon. What keeps people from leaving is that their friends are still on it: network effects
Imagine trying to hire engineers in 2 years with all of these stories lingering. There was maybe a brief window where "everyone understood" there had to be a correction to the post-pandemic overhiring spree... but we're well past that now. These companies doing this kind of performative cruelty have started their inexorable destruction.
I guess a response at the industry level would be not hiring ex-FB people etc, treating it as a red flag.
Imagine trying to hire engineers in 2 years with all of these stories lingering. There was maybe a brief window where "everyone understood" there had to be a correction to the post-pandemic overhiring spree... but we're well past that now. These companies doing this kind of performative cruelty have started their inexorable destruction.
Idk, offer most people 300-500k and they will go eh, when can I start? You don’t know how many engineers in the world would take that.