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Another Round of Layoffs at Meta

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Re: Another Round of Layoffs at Meta

#231
post #6

Feels like we are in the midst of a live experiment wherein we find out just how overstaffed tech companies are.

Or we'll find out how company founders might be great at founding and running a 100 person shop but truly lack vision and managerial skill to run a 100,000 people corporation.

Re: Another Round of Layoffs at Meta

#232
post #95
post #55

It's interesting how Facebook's target audience is nearing retirement age, but Meta is going full steam ahead with futuristic VR headset technology. It seems like a real clash of ideas, but I could see this working out well to connect people especially older people who are retired, similar to the Black Mirror episode San Junipero (a surprisingly optimistic and happy episode). The problem is Meta's headsets have a ver…

Meta has a huge global teenage user base with Instagram and WhatsApp. TikTok complements them rather than replacing. All three are growing. I don’t know how they’re going to translate that reach to VR profits either, but focusing on Facebook-using retirees misses the big picture of Meta’s growth.

You're very wrong. It's hard to generalize these things but if anything (roughly speaking) teens are on tiktok as are 20+ yr olds, 30-40 are on instagram and 40+ are nowadays on Facebook.

Re: Another Round of Layoffs at Meta

#233

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?…

I don't see Apple doing mass layoffs.

Re: Another Round of Layoffs at Meta

#234

Earlier quoted context omitted.

> 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.

Good point. React is extremely popular. I give them points for that. But when I compare react against say the many technologies that have come from google, I’m still pretty underwhelmed.

There's PyTorch, which even Google seems to prefer over TensorFlow.

Re: Another Round of Layoffs at Meta

#235

I find that my FB feed is roughly 50% ads. Sometimes there are two, or even three ads in a row. I barely use it anymore (and I've literally never clicked on an ad). I wonder why FB thinks people will use their product when it is half advertisements. People watch 21 mins of TV with 9 mins of commercials, and they would revolt if it were 15/15.

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.

Update: today I was shown 8 ads in a row on FB. The first two ads were for the same storage company (but at different locations). I was shocked to see this pairing, as well as the sheer magnitude of the back-to-back-to-back-to-back-to-back-to-back-to-back-to-back ads. I took a screen capture video, if you want to see it.

Makes me wonder if the troubles at Meta run deeper than the current layoffs will solve.

Re: Another Round of Layoffs at Meta

#236
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…

Twitter got new round of lay offs.

Don't drink cool aid. Twitter case is not yet settled. Musk bought Twitter as company-in-crisis, and crisis was not about excess workforce...

Re: Another Round of Layoffs at Meta

#237

Earlier quoted context omitted.

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?

Late reply, but Firefox allows the uBlock Origin extension to run.

Re: Another Round of Layoffs at Meta

#238
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 think it's by known that layoffs will lead to more voluntary quitting. I wouldn't be surprise if half of the reason for "increased intensity" is to get more people to leave without paying severance.

Re: Another Round of Layoffs at Meta

#239
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…

VR isn't good at general computing because noone has really embraced the form factor and given it the attention it needs. The issue is, meta is not doing that. Hopefully the upcoming apple ar/XR/vr stuff will be a bit better. The oculus go failed terribly, because no-one made content for it. Microsoft's attempt at arm laptops failed, because no-one made applications for it. Apple was able to convince people it was wo…

> Apple was able to convince people it was worth considering arm

They did no such thing. They forced their ecosystem to switch to their proprietary ARM platform + extensions.

If you look at other ecosystems, a switch hasn't happened. Cloud providers are offering ARM, but on the desktop, x86 is still top dog.

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