one thing with AI is it really seems great for small companies as it allows you to do more, but for big companies, not really sure it enables anything other than figuring you are overstaffed.
Meta tells staff it will cut 10% of jobs
191–200 of 923 posts
Re: Meta tells staff it will cut 10% of jobs
#192Earlier quoted context omitted.
I’m curious why this meme is so sticky. In the early 2000s people were also panicking that all the software jobs were going to India and never coming back. It was so pervasive it made the cover of Wired magazine, but it never happened. Why is this time different?
Remote coordination tools are no longer utter dogshit.
Sure, but there's no getting around how terrible it is to communicate and coordinate between PST and IST. One of the divisions I currently work with operates in a model where the "drivers" are all in the US and there's a large IST-based team that "executes". It's ... not great, and nobody on either side of the equation likes it. And all the people involved are very smart! But it really does matter, and we're seeing a lot of things move far slower than initially thought.
Re: Meta tells staff it will cut 10% of jobs
#193Earlier quoted context omitted.
I'm guessing a lot of these large companies will have massive layoffs followed by slightly less massive re-hiring in 6 to 18 months.
but why rehire at all? if AI is even half as competent as they say it is, then they don't need all those employees. Afterall, some of the latest models are passing the GDPW benchmark with flying colors. wouldn't it make sense to just keep laying off more and more and replacing it all with AI? I think there's a big disconnect between how competent the AI crowd says it is vs reality.
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Re: Meta tells staff it will cut 10% of jobs
#194I bet they are worried about the class actions that the SC lawsuit opened up.
Re: Meta tells staff it will cut 10% of jobs
#195Layoffs.fyi is not looking good right now.
but does it really cover all the layoffs? if a company just slowly oozes out employes via pips or attrition without rehiring, i don't think it will cover the full extent of manpower reduction. i think we need a better metric, that looks at net bodies on the job.
Re: Meta tells staff it will cut 10% of jobs
#196Earlier quoted context omitted.
Huh, did anything happen in 2020? I'm wracking my brains trying to think of anything.
As the article touches on, it's not just about what happened in 2020, but why it hasn't rebounded. It's been long enough we can't use 2020 as an excuse.
On the contrary, 2020 permanently changed the nature of many of my relationships and the same is true of everybody I know
Re: Meta tells staff it will cut 10% of jobs
#197Earlier quoted context omitted.
> With time, their intentions have become much more clear Wasn’t the original intention behind facebook to accumulate a directory of hotties, probably with the aim of bringing them ‘closer’? They pretty much put it on the label; it’s not called personality book.
> Wasn’t the original intention behind facebook to accumulate a directory of hotties Maybe so, but have you seen Zuck's wife? I'm pretty sure he could find someone hotter to date if he cared to. There must be armies of gold-diggers after him. And yet he seems happy with his imo rather plain looking wife. Well done them both!
I’m pretty sure she’s ditching him
Re: Meta tells staff it will cut 10% of jobs
#198Earlier quoted context omitted.
Imagine a world where people could just be happy with returns on investments. Even treasury bills. Can't we all just be happy?
If the richest people in the world are chronically unhappy then that indicates that excess wealth does not bring happiness.
It's more that the psychologically broken people who are also somewhat lucky and intelligent and hard-working end up being those "richest people" - they almost all have some kind of impostor/self-esteem issue. Pretty sure there are a lot of anonymous people with $25M net worth who are happily out rock climbing, traveling, etc.
Re: Meta tells staff it will cut 10% of jobs
#199Well, they could layoff 100% and world would be a better place to live. It really sucks for software engineers though - first these companies made a hype out of "coding" and hacking to build those monstrosities, now they switched to squeezing the accordion to keep the music going. This is not the first time and I hope not the last one - just need new Yahoos of 20s to pop up.
> just need new Yahoos of 20s to pop up. I'm up for building this. What dinosaur languages should we code this in? erlang, tcl and perl?
I'm still partial to Tcl from years in EDA - sign me up..
Re: Meta tells staff it will cut 10% of jobs
#200Everyone at Meta should know the score. Meta pays top dollar. They also pay enormous sums for what management identifies as performance. Conversely, Meta is ruthless about cutting those management identifies as low performers. This is the deal going in. It’s not a crime.
When Meta was a question mark, or a star performance was all about growth. But now it is a cash cow, performance has a different meaning. Efficiency is the name of the game, and efficiency is not synonymous with high salaries or headcount.