Live data from Hacker News

Another Round of Layoffs at Meta

theverge.com

191–200 of 239 posts

Re: Another Round of Layoffs at Meta

#191

So one thing I was curious about is those who were laying off (at least the big 4) have xyz billions in the bank. If there is truly fat then it can be trimmed by either flattening the org, cutting down pay, changing work hours etc (nobody works just 40 hrs anymore). So the layoffs seem clearly for paying homage to wall st. What would happen if one of these CEOs grew a pair and held off and directed the fat to muscle?…

Cutting staff is not going to reduce their revenue for some time, and in the interim their profits increase and thus defends the stock price at a time the tech sector is getting reassessed (valuations are too high, and need adjusting).

The point is, it has nothing to do with having money in the bank to pay them.

Re: Another Round of Layoffs at Meta

#192

Earlier quoted context omitted.

Its not that I don't believe your general point but I would be interested in evidence that you're getting more than 1 in a row. I am $50MM+/year spender on Meta ads and while I know that ad load is up I don't think its up that much where ads run alongside each other. If you can show me evidence of this I will make a big fucking deal of this to Meta.

Out of curiosity, I went through my results on m.facebook.com. I really need to get ad blocking on mobile going again. Post, ad, post, ad, reels (which I've never intentionally clicked), ad, 3 posts, (ad, 2 posts) repeated indefinitely. My wife, through the Facebook app, had a roughly similar pattern, though with far more suggested groups.

What’s an effective way to block FB ads on a mobile browser?

Re: Another Round of Layoffs at Meta

#193
post #143

Earlier quoted context omitted.

Email is in profile; I'm happy to send you screenshots. I regularly get 2 ads back-to-back, and I recently got three in a row. I typically bail when I see two in a row, in a vain attempt to send the message that multiple ads back-to-back is not cool. edit: just logged in and of the first 20 timeline items, 9 were ads (including two cases of back-to-back ads). It's basically half of what I see.

I just checked and right now it looks like every other post in my feed is an ad, with some ads having 2-3 posts in between. I wonder if you don't follow a lot of pages or something, so it's breaking the algorithm.

You’re right that I don’t follow many pages. But I have plenty of friends, with plenty of activity (and I don’t check FB often, so there’s a lot they could show me when I do).

Re: Another Round of Layoffs at Meta

#194
post #139

I was spared in the Nov 2022 layoff but decided to find another gig anyway and started elsewhere in January. The difference for my mental health has been night and day. Constant talk about "increased intensity" (what does that mean? I already thought I was working pretty hard), layoffs rumors with no official clarification, PSC stack ranking. No thanks, it just wasn't for me.

I was in the exact same situation. I loved my team at Meta and learned a ton, but after the increased intensity QA from Zuck I went through two rounds of re-structuring and was shuffled to new teams. I found that I didn't have the motivation to learn the specific implementation of the huge layers of abstraction the new team was creating.

Couple this with a general questioning my life goals and if I want to spend more of it on making ad serving slightly better. I was left searching. I've landed at a new gig and I've been so much happier despite a sizable pay cut at my new role.

In general, while it clearly created huge turmoil, I wonder if one large round where you potentially cut too deep would be better on company health than many smaller rounds. I'd be curious if the sentiment of engineers at Twitter is now more positive then that at Meta.

Re: Another Round of Layoffs at Meta

#195

Meta is lame company that’s never had a good product or an original idea. They stole the idea of Friendster/MySpace and used anticompetitive tactics to monopolize. Instagram is sort of cool, but that was just an acquisition. They are the first company that comes to mind when I hear Peter Thiel talk about stagnation. Not that the other fangs are impressive, but Facebook is by far the most underwhelming of the lot. All…

> Meta is lame company that’s never had a good product or an original idea.

The React framework is a pretty good product that originated from them.

Re: Another Round of Layoffs at Meta

#196

Earlier quoted context omitted.

In my mind the team lead wouldn’t have reports. The whole team is responsible for carrying out the business objective, and the team lead is the best IC on the team to guide the other ICs to the end. the director level (it could be multiple people) receive leadership objectives for the quarter or year. Their only job is to take their resources/battalion and divvy the work up into small atomic fire teams. Obviously the…

This is... just management. You've got middle managers (directors) who link teams with leadership priorities. You've got line managers (tech leads) who are in charge of ensuring that work gets done.

never worked somewhere that directors are considered middle management.

I’ve been at places where there was Associate Manager, Manager, Sr Manager, Group Manager, Director, Senior Director, VP, SVP.

That is insane imo. Anyone below director is useless, and the director should just report to the VP or CTO.

My point is that managers should be rare. And teams should be small.

I’m not taking career or technical advice from an associate/manager because they’re usually the worst ICs and overall lowest performers in like 80% or more of the time. This is how they struggle to stay in the game. You have probably heard many people who are the best IC say they don’t want to manage.

They then get managed by the worst people. And they just leave like that when they can’t take their managers BS anymore.

You ever gotten feedback like “you need to speak more in meetings” from one of these low tier managers? All they do is waste everyone’s time in useless meetings. I’m there to work, not pretend I’m smart by making dumb diagrams and writing/sharing 20 page documents on things that have nothing to do with the job. You see these people come out of the woodwork during late stage. And that’s when most of the beat engineers leave and you have commodity tier folks running the show.

It’s just facts. I’m giving my perspective. And it’s frustrating that I have to keep changing jobs because management is always the weak link. People missing deadlines, people putting effort into things that don’t matter, just talking/wasting time.

Re: Another Round of Layoffs at Meta

#197
post #104

Earlier quoted context omitted.

I think the tipping point is closer than you may realise. There has been material progress in form factors in the last year or so and we are not nearly done with the improvements that are on the radar. Once we hit a certain point with the form factor, quite a wide range of use cases will become a no-brainer (for example, sitting on the bus with it).

> for example, sitting on the bus with it You'd use an $800 device (with limited awareness of your surroundings) on the bus?

I would. You think someone's gonna snatch it off my head or something? I wear 300 dollar noise cancelling headphones at stare at my 1000 dollar phone on the bus every day

Re: Another Round of Layoffs at Meta

#198

Earlier quoted context omitted.

There's a pretty big difference. The iPhone came out and was a success the first year and just grew from there. The Oculus has been out since ~2016 or so. I don't think it's a rocketship ready to take off with the right hardware or software. I'm sure there's profit to be made, better days to come, etc., but it's not going to be a smartphone.

The Oculus Quest 2 released at the same time as Xbox Series S/X and PS5. It's sold 15 million units, while the Xbox has sold 20 million and the PS5 has sold 30 million. While it's less than those two, it's still a very respectable number and incredibly high considering it doesn't have any of the major studios releasing their AAA games on it.

How accurate are these numbers? That's actually more than I expected - respectable and incredibly high, I agree

Re: Another Round of Layoffs at Meta

#199
post #75

Earlier quoted context omitted.

Folks I know that have PlayStations completely overlaps people willing to play with VR. Folks I know on Facebook... Not so much. They made a solid move into vr. But vr will be gaming well before it is anything else. To try and break into that market as anything else is just not a likely entry.

What even is this argument? You don’t need a Facebook account for the Quest 2, and what do you think people do with their Quest devices? Put them on and stare deeply into the void? No, they buy it to play games.

I'm not making a nuanced argument here. Sony has a clear pipeline for creating games. And a somewhat established market for marketing said games. Along with a ton of experience for doing the same. Facebook... has none of those things. Just a fair bit of money.

Can you break into a market with money? Sure. Microsoft did it. They are still a distant 3rd in that market.

Re: Another Round of Layoffs at Meta

#200
post #104
post #80

Earlier quoted context omitted.

They don't have the enthusiasm I don't think, and I believe that is where it falls flat. The technology is not currently something that everyone wants and definitely not something everyone needs. VR is not good at general computing yet, and the form factor and way you engage with it means people won't be using it in the same way they use TVs, game consoles or smart phones. Mass adoption takes apealing to the lowest c…

I think the tipping point is closer than you may realise. There has been material progress in form factors in the last year or so and we are not nearly done with the improvements that are on the radar. Once we hit a certain point with the form factor, quite a wide range of use cases will become a no-brainer (for example, sitting on the bus with it).

I would Not be caught dead doing VR in public
Post reply on HN