If you’re PIP’d then fired, are ineligible for unemployment?
Is this to save money on unemployment payments?
Facebook reportedly laying off thousands of employees
331–340 of 403 posts
Re: Facebook reportedly laying off thousands of employees
#332Seeing giants fall like this, where they achieve the highest peaks imaginable, but then struggle to find the next thing that is suitably big enough to satisfy expectations makes me never want to reach mega success status if I ever start a startup.
Facebook still has more employees than it did when the pandemic started, and it isn’t particularly close. Is this a fall?
Re: Facebook reportedly laying off thousands of employees
#333Earlier quoted context omitted.
Adobe, on the other hand, with its ~26k headcount is juggling an astonishing range of products and services it seems.
Adobe's the most forgotten and ignored tech company that actually makes staple software products and services, I think. No matter how much people hate their price gouging :-)
Adobe software is user hostile, bug infested spyware perched atop mountains of tech debt.
Re: Facebook reportedly laying off thousands of employees
#334Earlier quoted context omitted.
Employment is a partially adversarial relationship. Both parties want to get the most of out their counterparties, while giving the least (or, at least, there's enough people and companies with such mindset, that it defines the game). Hence, honesty on either side doesn't pay off. It's smarter to play your cards close to the vest.
That’s never been true in my decade of employment. You just have to avoid working for companies/people with no ethic. I personally always avoid American companies for exemple because, well to put it frankly, American employment culture is trash.
Do non-US companies tend to hire non-US employees?
I would seriously consider working remote for a European company if I could.
Re: Facebook reportedly laying off thousands of employees
#335Earlier quoted context omitted.
iMessage has a lot of users if you count people with iphones who very occasionally try to send a text but end up using iMessage. I count as one but it still is completely irrelevant to me. WhatsApp is where everything interesting is.
Same here. I’m always shocked when I meet someone that doesn’t use WhatsApp
I'm always shocked when I meet someone that doesn't use WeChat
I'm always shocked when I meet someone that doesn't use Signal
I'm always shocked when I meet someone that doesn't use Facebook Messenger
I'm always shocked when I meet someone that doesn't use LINE
I'm always shocked when I meet someone that doesn't use Telegram
I'm always shocked when I meet someone that doesn't use QQ
etc.
It is true that WhatsApp seems to be the largest, but it's still used by fewer than 25% of humans, so you might be shocked often.
Re: Facebook reportedly laying off thousands of employees
#336Maybe Zuck should put himself on PIP as it’s obvious he needs support. He had a money printing machine and managed to fuck it up.
I worked at Yahoo! when the company offered to acquire Facebook for $1.4 billion. Most thought Zuck was a fool to pass on that. He 300x’d it in 10 years.
PIP is based on current performance. Not past.
Re: Facebook reportedly laying off thousands of employees
#337Isn't this the result of the artificial bloat that was in the US economy before the whole domination of the dollar as reserve currency thing came crashing down? Just a few months ago, dollar was the uncontested reserve currency, allowing the US financial institutions - including the Fed - to inject cash into the economy in whatever way including fractional reserve lending. Inflation just didn't go up. A lot of money…
Dollar was way up as a global reserve currency relative to the euro, yen, yuan, pound last I checked. Did something change in the past few days?
Euro's crash is because of the pipeline sabotage - European industry is literally shutting down. And some manufacturers are moving their factories to the US. Hence the disparage.
However at large, countries in Asia, Middle East and the Global South have moved a lot of trading to their own currencies or using Yuan. This immediately caused the inflation in the us starting from a few months ago.
Re: Facebook reportedly laying off thousands of employees
#338Earlier quoted context omitted.
Adobe, on the other hand, with its ~26k headcount is juggling an astonishing range of products and services it seems.
Adobe's the most forgotten and ignored tech company that actually makes staple software products and services, I think. No matter how much people hate their price gouging :-)
Still chugging along on CS6….
Re: Facebook reportedly laying off thousands of employees
#339Earlier quoted context omitted.
> And the app doesn't look like it changed that much... You didn't intend it, but that is a complement of the highest order. Thanks! Those who've worked on large systems over many years will understand what I mean.
I can see what you're getting at here but in this case, a lack of changes is NOT desired or virtuous. WA is being left in the dust by messaging platforms that actually care about shipping a quality product.
The articles I can find with numbers show Whatsapp at about 2B users, ahead of WeChat and everything else. When I flew Southwest the other day the only apps the "free wifi messaging" bothered supporting were iMessage and Whatsapp.
Re: Facebook reportedly laying off thousands of employees
#340Earlier quoted context omitted.
How is their bet on VR misguided in your opinion?
The timing is too early and the product and the company are mismatched.
Because the timing is too early they are having to venture into mismatched products to support the endeavour, but when you stop to look at the longer timeline it is quite clear how it fits very well.
Similarly, it is safe to say that Netflix always knew it wanted to be a streaming service but had to mail DVDs until the timing was right in order to get there. Facebook is going through their metaphorical DVD mailing phase. Just another day in the life of business.
I'm not entirely convinced they can get to where they eventually want to go, but that's another story for another day.