Earlier quoted context omitted.
You don't have to like the man but, I think it's pretty clear that running any global social media company is miserable and filled with impossible decisions + people who will hate you no matter what choices you make. It sounds like many social media CEOs would agree that it's like getting punched in the stomach every day
I am worth 1/billion of his net worth and every morning when I wake up I feel like I am getting punched in the stomach.
Facebook reportedly laying off thousands of employees
121–130 of 403 posts
Re: Facebook reportedly laying off thousands of employees
#122Sad for the employees but a little part of my heart perks up whenever I hear any story of Facebook failing in any way.
Me, too. So many of my friends have said much the same thing, too. Facebook has gone out of their way to be as horrible as possible. And their product is miserable, and they never update the user side. The last significant change was to add emojis six years ago, and that took them many years to do. If they didn't have an effective monopoly, they'd be long gone.
Re: Facebook reportedly laying off thousands of employees
#123Sad for the employees but a little part of my heart perks up whenever I hear any story of Facebook failing in any way.
So, from a position of vastly superior knowledge to the typical HN peanut gallery, I agree there are unfortunate things about FB, or at least were in 2018 when I left.
But as one person who gets out of line on HN sometimes to another: this is a negative value comment IMHO and I'd encourage you to strive for a more substantial critique.
Re: Facebook reportedly laying off thousands of employees
#124Earlier quoted context omitted.
"Best people" according to what metric, other than salary? Facebook got fat from advertising and monetizing the worst aspects of social media. Does that require the "best people?" What technology has Facebook developed with all of those "best people" that could compare to what Bell Labs did with a group of fewer than 10?
I agree. Maybe best at grinding LeetCode, best at playing office politics, best at tolerating toxic work environments... But likely not best in actually building good software. No doubt quite good at that, but probably not meaningfully different than any other tech company in the area hiring from a similar talent pool. And because the candidates also need to be optimized for the qualities mentioned in the first parag…
Re: Facebook reportedly laying off thousands of employees
#125Earlier quoted context omitted.
Yes genocides. Facebook played a pivotal role in the Rohingya genocide in Myanmar. They even admitted to that, but nobody gives a flying f.
Snail mail played a vital role in the administrations of Nazi Germany and Soviet Russia. Is that different or comparable?
The equivalent to snail mail is something like https, smtp or ssl, not FB.
Re: Facebook reportedly laying off thousands of employees
#126amazon manager here: it's the same with us. our director gave told us to manage out more people this year to hit our revised headcount targets for next year. there are no layoffs, just larger-than-normal targets for managing out people. I talked with friends across various orgs and the targets seem to range between 10% to 25% for different teams (as opposed to 5% for normal years).
Amazon's hire-to-fire strategy is now widely known
Re: Facebook reportedly laying off thousands of employees
#127Earlier quoted context omitted.
"managing out" This is about the worst kind of doublespeak I have ever heard. It is actively malicious, the very thought of it brings images of purposeful abuse of employees. Seriously, just fire people.
Long run it also bad for company because best people usually leave first this kind situations and those people who can get another job stay so dead sea effect sets in https://brucefwebster.com/2008/04/11/the-wetware-crisis-the-...
Re: Facebook reportedly laying off thousands of employees
#128Sad for the employees but a little part of my heart perks up whenever I hear any story of Facebook failing in any way.
As someone who quit FB with a great deal of unvested stock, I've got more skin in the game than most as to the complex question of FB's culture, management, and impact in the world. I paid a lot of fucking money for a very nuanced answer to a very complex question about whether or not I felt I wanted to be there at that time. So, from a position of vastly superior knowledge to the typical HN peanut gallery, I agree t…
Your choice to forgo your stock is neither here nor there. I hope your salary was enough to live comfortably after finishing
Re: Facebook reportedly laying off thousands of employees
#129Seeing giants fall like this, where they achieve the highest peaks imaginable, but then struggle to find the next thing that is suitably big enough to satisfy expectations makes me never want to reach mega success status if I ever start a startup.
It’s like music. Most bands are capable of a great album, but the truly incredible artists can move from genre to genre constantly reinventing themselves. To create an org that can do the latter (hello, Apple) seems incredible difficult, but it always seems to involve exceptionally creative leaders. So the secret I think is to sell you mega status Facebook Borg and start afresh in a different area without the baggage…
Sounds a little bit like Nokia, more than Apple. Paper mill, cable products, rubber boots, tires, TV, mobile phones... ;)
Re: Facebook reportedly laying off thousands of employees
#130Facebook employs over 58K people. This is not a big deal especially considering tech went on a * massive* hiring binge recently. [0] Facebook had a recruiting crisis in 2021: https://www.protocol.com/workplace/facebook-docs-hiring-recr... [1] Facebook aimed to hire 10K Europeans for metaverse in 2021: https://www.reuters.com/technology/facebook-plans-hire-10000... People underestimate just how much COVID and the rapi…
https://investor.fb.com/investor-news/press-release-details/...