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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'

#241

Post by antisthenes »

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?

> Maybe we should stop with the gut feel managerial apologies and think about what we’re doing and how it affects company morale, no?

Maybe you can devise a methodology that reduces bad hiring to below 5% across the entire S&P 500 and then share it with us?

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

#242

Post by mingus88 »

tqi wrote: post #94
lacker wrote: post #73

When I was an engineering manager there, engineering leadership described performance reviews as, in a large well run engineering organization, you'll probably be firing 5-10% of your employees every year for low performance. (Well, "non regrettable attrition", which includes people who quit when they get pipped.) Lower than 5% at scale would be a red flag, not necessarily wrong, you don't want to "stack rank" with a…

Yeah 5% is a very weird number. Why not just stop over hiring?

Metas philosophy (based on what an ex Meta person told me) is “up or out”

So if you aren’t getting a promotion, you are eventually getting fired. This meat grinder probably has some perverse incentives for employees and makes sure you are always churning through folk who you don’t need to pay QoL raises to

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

#243

Post by [deleted] »

desertrider12 wrote: post #195
sadjad wrote: post #79

Earlier quoted context omitted.

"But make no mistake. Though they're the ones leaving, it is I who must remain and bear the heavy burden of their failure." ~GB

Imagine if avatar Gavin Belson had done the "metaverse legs" product reveal, with the animation running at 10 frames/second and a few legless avatars in the audience throwing up confetti. It would be almost too ridiculous to put in the show because the show itself would look like it was being cheap with the effects. But Meta had spent $36 billion on the metaverse at this point. https://www.youtube.com/watch?v=njvp-E8…

[deleted]

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

#244

Post by chaosharmonic »

desertrider12 wrote: post #195
sadjad wrote: post #79

Earlier quoted context omitted.

"But make no mistake. Though they're the ones leaving, it is I who must remain and bear the heavy burden of their failure." ~GB

Imagine if avatar Gavin Belson had done the "metaverse legs" product reveal, with the animation running at 10 frames/second and a few legless avatars in the audience throwing up confetti. It would be almost too ridiculous to put in the show because the show itself would look like it was being cheap with the effects. But Meta had spent $36 billion on the metaverse at this point. https://www.youtube.com/watch?v=njvp-E8…

Who do you think foreshadowed masculine energy coming back to tech?

GB, with the Box 3 Gavin Belson Signature Edition?

Or Russ Hanneman, with... everything?

(Or was it Jared, with Russ being right about him?)

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

#246

Post by yodsanklai »

paxys wrote: post #217

So in the first two weeks of the year Zuck has announced: - Replacing their global policy chief with the company's highest ranking Republican. - Appointing Dana White to the company's board. - Changing content policies to be aligned with the incoming administration. - Elimination of DEI programs in hiring. - Removing tampons from men's restrooms. - Defending all this in a 3 hour Joe Rogan interview. Ranting about the…

I know Zuck wasn't super popular on HN, but until these recent events, I saw him as someone generally reasonable and pragmatic.

I can understand that he had to compromise with Trump in order to protect his wealth and company. But it's clearly more than that. I wonder, does he even have values on his owns? will he reinstate the tampons if democrats win in 4 years?

My guess is that he's slowing been adhering to the Trump/Musk ideology (like a lot of people) and now is one of them.

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

#247

Post by dns_snek »

int_19h wrote: post #177
alpha_squared wrote: post #110

Earlier quoted context omitted.

This feels a little off. I think those who stand to financially benefit the most are taking advantage of the opportunity to do so while they can. Getting more specific, I don't buy the argument that we're getting more conservative. Instead, I'm inclined to think that a narrow election victory will lead to extreme measures that will create a significant backlash in the coming years. If you're in a position to exploit…

> Getting more specific, I don't buy the argument that we're getting more conservative. We are getting more culturally conservative though - you can see that in the polls that ask people to self-identify politically. Support for which specific policies that translates to obviously varies, but I think that's a separate question from the overall zeitgeist.

> you can see that in the polls that ask people to self-identify politically

I don't trust these because I don't think most people can self-identify in away that accurately describes their beliefs. It usually just boils down to a binary "left vs right".

There are many people who identify as "conservative", express their disdain for "leftists" over some rage-bait culture war topic of the week, but demand better workers' rights, support unionization, single payer healthcare, and other very leftist ideas.

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

#248

Post by sefrost »

iLoveOncall wrote: post #137
highwaylights wrote: post #67

Earlier quoted context omitted.

Peacocking for the new President’s agenda. No need to overthink it.

It has been in progress for around a year, long before there was any indication that Trump would win the election, or even be out of jail for it.

Do you happen to know why? The other replies are all providing a narrative that it is related to the new US administration, but as you say it wasn't very clear who would win until the results were counted. So if it's been happening for a year it couldn't be related to that.

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

#249

Post by siva7 »

kazinator wrote: post #223
lacker wrote: post #73

When I was an engineering manager there, engineering leadership described performance reviews as, in a large well run engineering organization, you'll probably be firing 5-10% of your employees every year for low performance. (Well, "non regrettable attrition", which includes people who quit when they get pipped.) Lower than 5% at scale would be a red flag, not necessarily wrong, you don't want to "stack rank" with a…

Canadian tycoon Jim Pattison ( https://en.wikipedia.org/wiki/Jim_Pattison ) was known for firing the lowest performing car salesman each month.

Let's not glorify this people and state what it is: toxic behavior and abuse.

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

#250

Post by TypingOutBugs »

chaosharmonic wrote: post #244
desertrider12 wrote: post #195

Earlier quoted context omitted.

Imagine if avatar Gavin Belson had done the "metaverse legs" product reveal, with the animation running at 10 frames/second and a few legless avatars in the audience throwing up confetti. It would be almost too ridiculous to put in the show because the show itself would look like it was being cheap with the effects. But Meta had spent $36 billion on the metaverse at this point. https://www.youtube.com/watch?v=njvp-E8…

Who do you think foreshadowed masculine energy coming back to tech? GB, with the Box 3 Gavin Belson Signature Edition? Or Russ Hanneman, with... everything? (Or was it Jared, with Russ being right about him?)

This guy fucks
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