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Meta announces 5% cuts in preparation for 'intense year'

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Re: Meta announces 5% cuts in preparation for 'intense year'

#181

Post by blsapologist42 »

supriyo-biswas wrote: post #155
whynotmaybe wrote: post #122

Earlier quoted context omitted.

Isn't this quite paradoxical that those kind of companies have hard interviews where you have to almost prove that P=NP in front of 5 people that judges everything you do, yet they fire engineer because "ratio"? Could this lead to a manager that tries to have the best team for himself will always include average employees that they can easily fire?

These interview practices are probably in part because of the huge number of applicants trying to get into Meta, which allows them to rachet up the difficulty to the highest level. My assumption based on some interview experience articles[1][2] is that there's an internal arms race between the recruiting and engineering at Meta where candidates are not forwarded for the interview process until they feel sufficiently…

As a former interviewer at Meta who did hundreds of technical interviews, I can tell you that the people that I hardly expected "Djikstra or Knuth". Honestly I gave pretty reasonable questions that were similar to the types of things I would do in my work (with some modifications to work as an interview question). And still the majority of people didn't do great. It's even worse at the "screen" stage, where I've had people that, e.g. didn't know what "function" means or couldn't write a loop to find the max number in an array.

Re: Meta announces 5% cuts in preparation for 'intense year'

#182

Post by int_19h »

voidfunc wrote: post #115
SketchySeaBeast wrote: post #81

Earlier quoted context omitted.

Is the 30's "mid-century"?

I dont think we're heading for the 30's and arguably the 1910-40s were probably more progressive than the mid-century both artistically and culturally compared to their preceding years. I think a lot of people don't remember how conservative the US was between the 50s and 90s. A lot of the stuff we consider acceptable or OK today was really not tolerated at all in public. See, for example, LGBTQ acceptance, minoritie…

1910-40s is peak Jim Crow, though.

Re: Meta announces 5% cuts in preparation for 'intense year'

#183

Post by jerojero »

bsnnkv wrote: post #97

I really don't see Meta's social media products being able to compete with new challengers without lobbying to have them banned, even less so if they keep driving away talent. The migration of US TikTok users to Xiaohongshu this week, to the point where it is #1 on the US app store while still having half of its UI in Mandarin has been particularly eye opening.

The same way people migrated from Twitter to... mastodon to ultimately settle on bluesky or go back to twitter.

This reaction is very rushed and I don't think it's going to be very lasting, I'd expect people to go to reels/shorts until maybe another (western, american probably but could be european) alternative appears.

These people are up for grabs, they're not going to stay in Xiaohongshu.

Re: Meta announces 5% cuts in preparation for 'intense year'

#184

Post by bigtex88 »

mywittyname wrote: post #168
bigtex88 wrote: post #133

Earlier quoted context omitted.

The government will never again acknowledge a recession because of the political implications. This is the world we live in now.

Recession has a clear cut, metric-based formal definition. Governments acknowledge them when they happen because it's a black and white situation. GPD growth is good, personal consumption is up, and businesses are continuing their extremely large investments in durable goods. The economy is, by the numbers, doing extremely well. Inflation is down to normal. Even economic sentiment is okay. People rate their personal…

Your points are orthogonal to my original point. We live in a world where the governments will never acknowledge bad news because of how our media environment operates. The NBRE even basically changed their own definition of a recession two years ago when we clearly had two negative consecutive quarters of economic growth yet somehow we miraculously we not in a recession.

Re: Meta announces 5% cuts in preparation for 'intense year'

#185

Post by webdood90 »

harvodex wrote: post #117
chollida1 wrote: post #57

Earlier quoted context omitted.

> how much more confirmation do we need that we are in a recession? Actual GDP data would be a good first start, no?

lol yea or a few bad jobs reports? I think many got use to the most incredible labor market of a generation or two and we are just now back to something more historically normal.

I don't understand the confidence behind this. Is a good economy only based on having a job?

Average people are struggling to make ends meet and racking up debt. The gap between pay and the cost of goods has only grown in recent years. How is that good for anyone?

Re: Meta announces 5% cuts in preparation for 'intense year'

#186

Post by hnthrowaway6543 »

dietr1ch wrote: post #173
hnthrowaway6543 wrote: post #132

Earlier quoted context omitted.

> Is your hiring process so flawed that you just accept that you screwed up hiring 5 percent of your people? if you only messed up 5% of your hires you'd be a goddamn genius and every company in the world would want to put you in charge of their hiring process the "standard" is more like 20% of hires end up being bad hires

I understand that you made up your 20%, but at that point it feels like you are blaming bad team fit or environment as bad hires, and this fitting can change over time as bad politics or shifts to different goals happen.

bad hire doesn't necessarily mean bad/stupid/incompetent person, it just means bad hire. might not be a fit for the role, might not be a fit for the company. for example, i freely admit i was a bad hire at Google because i got demotivated by big corporate/political bullshit getting in my way, it just wasn't for me. then i went to a 20 startup and, in the words of the CEO, "saved the company" and scaled it to 200 people

and no i didn't make up 20%, Gartner did a study on it. and most people with management/hiring experience report the same.

Re: Meta announces 5% cuts in preparation for 'intense year'

#187

Post by [deleted] »

int_19h wrote: post #182
voidfunc wrote: post #115

Earlier quoted context omitted.

I dont think we're heading for the 30's and arguably the 1910-40s were probably more progressive than the mid-century both artistically and culturally compared to their preceding years. I think a lot of people don't remember how conservative the US was between the 50s and 90s. A lot of the stuff we consider acceptable or OK today was really not tolerated at all in public. See, for example, LGBTQ acceptance, minoritie…

1910-40s is peak Jim Crow, though.

[deleted]

Re: Meta announces 5% cuts in preparation for 'intense year'

#188

Post by hnthrowaway6543 »

spacemadness wrote: post #151
hnthrowaway6543 wrote: post #132

Earlier quoted context omitted.

> Is your hiring process so flawed that you just accept that you screwed up hiring 5 percent of your people? if you only messed up 5% of your hires you'd be a goddamn genius and every company in the world would want to put you in charge of their hiring process the "standard" is more like 20% of hires end up being bad hires

Are these numbers coming out of thin air? Gut feel perhaps? So after you fire 10% and don’t hire, that holds until there is nobody left? Maybe we should stop with the gut feel managerial apologies and think about what we’re doing and how it affects company morale, no?

morale is also adversely affected by people having obvious underperformers on their team that they have to work around, so pick your poison

Re: Meta announces 5% cuts in preparation for 'intense year'

#189

Post by ineedaj0b »

forty wrote: post #61

Why do people still have accounts on Twitter and Facebook already? Those reactionary billionaires are clearly offensive to humans and we should collectively tell them to f*ck off

without freespeech we wouldn't have had the gay movement when we did.

you should put freespeech above of a lot of things, weigh it much higher than you think and i'm sad to see liberal friends ignorant to US history.

on top of that, your premise suggests billionaires should be recalcitrant forces and billionaires should go along with the masses. most of the them made their money1 seeing opportunities no one else did and executing on them. they are more likely to have an 'edge' in seeing the future even if we removed their fortunes.

to be in the top 5% of global income you need to make more 30k a year. you are likely part of the rich. eat the rich etc. should i listen to you?

1. https://www.chicagobooth.edu/review/billionaires-self-made

Re: Meta announces 5% cuts in preparation for 'intense year'

#190

Post by biztos »

yodsanklai wrote: post #16

It seems Zuck is turning into Elon. What's next? closing the European offices? forcing people to return to the office? relocating HQ to Texas?

Closing the Western European offices, possibly. The Eastern ones still provide a lot of value for money and much less pushback.
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