Live data from Hacker News

Another Round of Layoffs at Meta

theverge.com

51–60 of 239 posts

Re: Another Round of Layoffs at Meta

#51

Earlier quoted context omitted.

Tech companies pay more than enough severance to avoid the WARN requirement entirely.

wrong

Not wrong. They keep you on payroll briefly as part of severance but you don’t go to work.

It’s well known, clueless comments on HN notwithstanding.

Re: Another Round of Layoffs at Meta

#52
post #8

cuts this big would have to be in the california WARN database. 0/10

Tech companies pay more than enough severance to avoid the WARN requirement entirely.

I thought things still went to the WARN db even if they do extra severance in lieu of maintaining their employment?

Re: Another Round of Layoffs at Meta

#53
post #15

Engineering Managers will also begin to code again [1] [1] https://twitter.com/TitterTakeover/status/162873730347973836...

This whole management heavy culture needs to F off. 9/10 people who wants to be a manager are awful as software engineers and they know this is the only way they can stay in the game. Out of those who do become engineering managers it seems all they do is talk a bunch of nonsense and add tremendous levels of roadblocks because they suck at understanding the actual technical problems and I’ll be honest. They’re usuall…

There is certainly scope for a more intelligent and nuanced discussion to be had here than what reads like a junior engineer's half baked rant on the uselessness of engineering managers.

Yes there are awful engineering managers just as there are great ones who are force multipliers for their teams. I've known great engineering managers who were great engineers who naturally became an interface for their teams and some who weren't very technical but were great people managers that got great outcomes for individuals and teams.

Org design, culture, complexity, needs determine the necessity of an engineering management function. Do orgs and engineering management functions become dysfunctional? Yes. Can this be resolved by just eliminating the management layer? Hardly.

Re: Another Round of Layoffs at Meta

#54
post #7

Earlier quoted context omitted.

Maybe this will be true in the years going forward, but AFAIK even in 2022 they were still considered top tier FAANG to work for among new grads, if only for the fact that compensation is generally somewhat higher than their peers.

New grads have lost their minds. It is really sad to see the state of affairs. When we were coming out we used to shun large companies. Now they are joining large companies. Sad!

New grads joining large companies isn't anything new, nor is it "Sad!".

Re: Another Round of Layoffs at Meta

#55
It's interesting how Facebook's target audience is nearing retirement age, but Meta is going full steam ahead with futuristic VR headset technology. It seems like a real clash of ideas, but I could see this working out well to connect people especially older people who are retired, similar to the Black Mirror episode San Junipero (a surprisingly optimistic and happy episode).

The problem is Meta's headsets have a very core-gamer focused audience left over from the Oculus days, though they've started to pivot away from this in recent years. It's nowhere near ready for a mainstream audience to use for social connections. The headsets are too bulky, the interface is too complicated, and the apps require too much setup, character creation, and are just too involved. Nothing right now passes the grandma test.

Re: Another Round of Layoffs at Meta

#56
post #5

One round of layoffs at every company is just coming off the hiring bender of the last few years. But a second... that portends a third... and a general collapse of tech a la the dotcom crash. I had't been too worried yet, despite feeling lucky to have dodged the customary 7% at my company, but this news is starting to make me worry. Hopefully it's just Meta being in a uniquely bad position.

The layoffs are nowhere near the level of even appearing in a histogram against the hiring that overwhelmed 2021/22. Where this doomering comes from must be the plain human temptation to glorify misery.

Both this hiring-like-there-is-no-tomorrow and, a few short months later, layoffs "because the economy has changed" indicate lack of any sanity in business planning. Sure, most of these people will probably eventually find other jobs, but the randomness of these ups and downs in presumably mature companies is pretty disturbing.

Re: Another Round of Layoffs at Meta

#58
So one thing I was curious about is those who were laying off (at least the big 4) have xyz billions in the bank. If there is truly fat then it can be trimmed by either flattening the org, cutting down pay, changing work hours etc (nobody works just 40 hrs anymore). So the layoffs seem clearly for paying homage to wall st. What would happen if one of these CEOs grew a pair and held off and directed the fat to muscle? Yes their share price would fall in the short term but surely with the trillions and "toughening + austerity" wouldnt a company actually innovate and build more? It seems like the homage to wall st is needed because when CEOs go on their next play they need wall st for a good reference by the looks of it.

Re: Another Round of Layoffs at Meta

#59
post #29

I would not invest in Meta's metaverse future. It feels like Windows Mobile. Meta has the early start, money, captive audience and enthusiasm, but they don't have the hardware/software edge (that Apple coincidentally also has this time around) to really make the idea work. The headsets are not going to revolutionize much running Facebook games on budget Qualcomm SoCs, and Facebook cant buy an Unreal Engine or an M2 P…

Latest qualcomm SoCs seem pretty competitive in mobile market (3d mark): Snapdragon 8 Gen 2: 12726 (76 fps) A16 Bionic: 9827 (58 fps) https://nanoreview.net/en/soc-compare/qualcomm-snapdragon-8-...

But its still no M2 Pro, which has about 3.8x the FP32 throughput of the A16.

Re: Another Round of Layoffs at Meta

#60
post #41
post #29

Earlier quoted context omitted.

Latest qualcomm SoCs seem pretty competitive in mobile market (3d mark): Snapdragon 8 Gen 2: 12726 (76 fps) A16 Bionic: 9827 (58 fps) https://nanoreview.net/en/soc-compare/qualcomm-snapdragon-8-...

A16 should be compared with Snapdragon 8 Gen 1, Samsung and Qualcomm always play this release half year later with “better performance at cost of energy consumption” game.

I don't understand at all where you're coming from. Phones with a SM8450 (Snapdragon 8 gen 1) were available in January, 2022.

Phones with A16 were available in September 2022.

Phones with a SM8550 (Snapdragon 8 gen 2) were available in January, 2023.

You're saying it is unreasonable to compare the last two (4 months apart), and instead the valid comparison is between the first two (8 months apart). That doesn't seem fair.

Post reply on HN