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Meta slashes hiring plans, girds for 'fierce' headwinds

reuters.com

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Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#51
post #11

Damn it's enjoyable to watch them crash and burn.

just like your 401k?

A 401k has a very high chance of returning to growth, as and when the market recovers (which it will at some point, although no one knows when of course, but it will eventually). The same being true for meta is much less certain.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#53
post #36

Earlier quoted context omitted.

Shouldn’t that take only a few minutes?

At a company the size of Facebook, the CEO should not be involved at that level.

Why not? It's his company. He can do what he wants.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#54
> "Realistically, there are probably a bunch of people at the company who shouldn't be here," Zuckerberg said.

> "Part of my hope by raising expectations and having more aggressive goals, and just kind of turning up the heat a little bit, is that I think some of you might decide that this place isn't for you, and that self-selection is OK with me," he said."

Incredibly stupid on the face of it. Considering a good many talented engineers suffer with imposter syndrome and perhaps self-esteem issues (the past two years has not been easy on many of us), this will not only have your poor performers flying out the door, but a lot of your engineering talent as well (who a lot of companies will make a 'hiring exception' for).

Any sort of doom casting / or "rally or else" action from a CEO is never going to play out well. You will just spook folks at all levels of performance and degrade morale.

I can't honestly say I will grieve a world without meta though, they played a good part in degrading democracy in my country. I would not swap my life with a Zuckerberg / Musk for any amount of money.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#55

Earlier quoted context omitted.

At a company the size of Facebook, the CEO should not be involved at that level.

Why not? It's his company. He can do what he wants.

Should not, not must not. He can do what he wants, but he shouldn't.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#56
post #36

Earlier quoted context omitted.

Shouldn’t that take only a few minutes?

At a company the size of Facebook, the CEO should not be involved at that level.

Respectfully: Zuckerberg has earned the right to care about whatever he darn-well pleases at company the size of his.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#57
post #25

Earlier quoted context omitted.

Does this read “Let’s ditch those ethical people who get in the way of profit.”? Yes FB is not for me. Not as a worker, not as a customer.

Imagine how bleak it must be to be an average SWE at facebook. Sure, you get paid a ton of money, but now they are going to "turn up the heat" on you to pump glorified CRUD message board features faster. (yes, I know there are probably lots of intellectually interesting jobs at Meta, but the overall purpose and mission just isn't exactly inspiring)

> glorified CRUD message board features faster

I think this comment says more about you than anything.

If you look into Meta's tech stack they have challenges no company on the planet has and clearly a lot of talent. Having just played with CacheLib it's an impressive project and yet to see an equivalent anywhere else. And I imagine much of what they do is like this when you're operating at their extremes.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#58
post #36

Earlier quoted context omitted.

Shouldn’t that take only a few minutes?

At a company the size of Facebook, the CEO should not be involved at that level.

Steve Jobs was famously known to be involved in even more micro product details than that.

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#59
post #39

> "Realistically, there are probably a bunch of people at the company who shouldn't be here," Zuckerberg said. > "Part of my hope by raising expectations and having more aggressive goals, and just kind of turning up the heat a little bit, is that I think some of you might decide that this place isn't for you, and that self-selection is OK with me," he said. He is planning to make cuts with those comments. Clearly. I…

Bad quarter incoming

Re: Meta slashes hiring plans, girds for 'fierce' headwinds

#60
post #36

Earlier quoted context omitted.

Shouldn’t that take only a few minutes?

Haha, not in the codebase I was working in at the time. Paddings being manipulated programmatically all over the place. Also, what a clear signal the CEO is not focusing on what matters. This was during the time the Cambridge Analytica thing broke... There's really nothing more important that needed his attention?

Maybe he needed something to direct his stress into and distract himself. I'm not saying what he did was right, BTW.
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