Earlier quoted context omitted.
Wasn't that the previous one?
Wrong company
The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
Meta announces 5% cuts in preparation for 'intense year'
321–330 of 432 posts
Re: Meta announces 5% cuts in preparation for 'intense year'
#322Earlier quoted context omitted.
Performance reviews aren't bullshit - it's crucial to have an objective (as objective as possible) system for measuring performance both to reward your high performers and to understand your low performers whether to provide support or to document reasons for firing them. Several kinds of performance management system such as mandatory percentages for each rating level ARE bullshit, but without performance management…
LLMs wrote this
The prompt was "lick boots."
Re: Meta announces 5% cuts in preparation for 'intense year'
#323Earlier quoted context omitted.
Wrong company
The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
Yeah, but, next years VR will be better . . .
( Adding legs will make it easier at least )
Re: Meta announces 5% cuts in preparation for 'intense year'
#324Earlier quoted context omitted.
The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.
Yeah, but, next years VR will be better . . . ( Adding legs will make it easier at least )
Keep nailing legs to a dog until you can claim it's a spider.
Re: Meta announces 5% cuts in preparation for 'intense year'
#325Earlier quoted context omitted.
Yeah, but, next years VR will be better . . . ( Adding legs will make it easier at least )
Keep nailing legs to a dog until you can claim it's a spider.
Others may not accept that overdue claim: https://27bslash6.com/overdue.html
Re: Meta announces 5% cuts in preparation for 'intense year'
#326Can someone explain why there is so much porn on fb/ig these days?
They ran out of respectable ways to increase engagement, and they can't stop trying to increase it.
Re: Meta announces 5% cuts in preparation for 'intense year'
#327Earlier quoted context omitted.
Everyone who is smart see's which way the winds are blowing and it isn't in the direction of "more liberal". The US is looking at a cultural reset back into the mid to mid-late 20th century.
I wouldn't call it a cultural reset. It's more of a revolution. We've never known a country where the wealthy had this much capability. Owning just one of Facebook, Amazon, Palantir, X, etc makes a person incredibly powerful, but the fact that they've all seemingly combined forces makes me think we are in for an era that makes Cyberpunk novels look like a Disney flick.
In a way it's only power that we're giving them. Stop using Facebook, Twitter, stop buying teslas and shopping on Amazon and these people become slowly irrelevant when the companies do bad at earnings
Re: Meta announces 5% cuts in preparation for 'intense year'
#328Earlier quoted context omitted.
Yeah 5% is a very weird number. Why not just stop over hiring?
I'm confused. The article specifically states that Meta cut 25% of its workforce since 2022 (that's not counting the 5% that are being reported). What overhiring?
Have you looked at their numbers on and before 2022? They very much over-hired a crazy amount. Zuckerberg admitted as such through his statements on "over investing".
https://about.fb.com/news/2022/11/mark-zuckerberg-layoff-mes...
And if that wasn't enough: https://www.itpro.com/business/business-strategy/mark-zucker...
Re: Meta announces 5% cuts in preparation for 'intense year'
#329Earlier quoted context omitted.
You're absolutely right. However, 5% is so low that it's hard to believe that there isn't at least that many underperoformers.
Under performing relative to what? If they're doing their job in good faith and overall making money for the company, is it "underperforming" if they're less productive than 95% of their peers? This notion of underperformance leaves no room for adequate performance. I am sure there are some people getting laid off who genuinely don't do any work, though not 5% of the company - and certainly not the bottom 5% accordin…
Relative to your competition.
Performance is only adequate if it’s at least as good as the engineers of the other players in your industry. Otherwise, you’re losing ground. As long as anyone in your market space is actively trying to manage their engineering talent (recruiting your top performers, releasing low performers, being more selective in hiring) so must you just to keep pace. An “adequate” engineer may make the company money, but the opportunity cost of not hiring someone better who could make even more money can be higher still.
Re: Meta announces 5% cuts in preparation for 'intense year'
#330Earlier quoted context omitted.
uhhhhhh.. Ok, they’re from two countries, but mostly one.
No they're not. You clearly don't work at Meta or haven't. My team is all H1Bs, not a single one from the two countries you're referring to. Also those two countries make up half the world population so if you're truly hiring global talent they should make up half that group
That assumes talent is distributed evenly amongst populations, and isn’t affected by things like culture or nutrition