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

cnbc.com

331–340 of 432 posts

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

#331
post #249

Earlier quoted context omitted.

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.

it was cute, perhaps, in Glengarry Glen Ross (coffee is for closers!), it's abhorrent when seeing it used here.

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

#332

> Below is Zuckeberg’s[sic] internal memo, which CNBC obtained. Meta is working on building some of the most important technologies of the world. AI, glasses as the next computing platform and the future of social media. It's very funny that he included the Ray-Bans here. Maybe it will be the next iPhone, but along with Meta Worlds (or whatever it's called), Zuckerberg simply goes all-in on dumb sci-fi toys. Consider…

I agree. The glasses would be useful if they weren't tied so much to Facebook properties. Which also happen to be very buggy. I bought mine last month and will probably return them this week.

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

#333

Earlier quoted context omitted.

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

It's not distributed wildly unevenly

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

#334
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…

Feels like the board trying to minimize risks in the new political-cultural climate. It's a pity, really.

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

#336
post #307

Earlier quoted context omitted.

This specific target being discussed was 5% of all headcount, not just new hires. You shouldn't think of all firing as a "mistaken hire". Sometimes you hire someone, and they work effectively for years, and then they kind of "check out" and don't do much work any more. It can be a good decision to hire someone, and then later a good decision to fire them. It's also not a cost-cutting measure per se. Typically when yo…

This is somehow better than exploring ways to improve your existing employees' performance?

There are people ready to be hired that aren't checked out

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

#337

What about the dead wood managers? I'd like to see 5% of engineering managers get cut every year, since they're either selecting for, or I suspect creating , disengaged employees.

If the manager's neck was on the line for poor candidate hiring and low morale, I suspect they mire hire more carefully and manage more effectively.

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

#338

Earlier quoted context omitted.

Freedom of speech is a liberal concept, the application of “liberal” as a derogatory term for one side of the political spectrum was a propaganda move. Don’t give in to it. The current pivot, I think, is mostly that culture warriors have managed to describe their interest in liberal terms (freedom of speech), and social media companies are buying it (gets them out of moderation duty and lets them reduce headcount). T…

Actual liberals aren't really a prominent political force at this point. The culture war is between conservatives and progressives , and, contrary to popular opinion, the latter is not synonymous with liberalism - indeed, on some issues (freedom of speech being a prominent one) they are in opposition.

As opposed to say the former who are on a book banning spree and openly threatening the media for simply making fun of their dear leader? This idea that those shouting loudest about “free speech” actually give a shit about it is really one of the most nakedly disingenuous things I’ve seen in a long time.

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

#339
post #286

Earlier quoted context omitted.

There's a flaw in your reasoning: you did not consider that a lot of the projects at FANGS are completely unnecessary and exist only because these companies massively over-hire. Ideal working environment is when there are a lot of worthwhile projects and not enough people. That's when you get a choice of what to work on, that's when the company really values the employees, etc. That's how Google was 15+ years ago. Th…

> There's a flaw in your reasoning: you did not consider that a lot of the projects at FANGS are completely unnecessary and exist only because these companies massively over-hire. Maybe? Companies of all shapes and size do poor decisions. On the other hand, the nature of some projects require some time of R&D to find out whether something is worthwhile or not. > Ideal working environment is when there are a lot of wo…

Whether something is worthwhile or not is usually up for debate - not all projects are equally worthwhile. Having more "worthwhile" projects than engineering resources gives engineers a choice of work. That too is a good signal for whether or not something is worthwhile, because then you get motivated people to work on those things, rather than people doing things because they have nothing better available to them. Idk about others, but I feel trapped when I don't have a good degree of autonomy/choice. And when I feel trapped, I leave.

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

#340

I feel like people are missing part of the memo where he said they will backfill all the roles. You can say it's not fair or cruel but this isn't a layoff. They want to churn (maybe for cheaper talent? Maybe for H1-Bs?)

I would think Zuck is smart enough to read the room regarding H1-b.

Isn't the room saying H1Bs are going to be protected from the very top regardless what a few malcontents have to say?
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