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Meta lays off 11,000 people

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Re: Meta lays off 11,000 people

#761

Post by blamazon »

nicolashahn wrote: post #758

Some data from the inside: Reality Labs (AR/VR) hit less hard than the rest of the company. No one on my team or adjacent teams let go. Most bootcampers (unallocated new hires) are gone, even ones that were performing well. Low performer from my past team outside RL was let go, so it appears performance was a factor for a lot of roles, rather than just axing entire teams based on business need. edit: updated to clear…

(RL == Reinforcement Learning)

Edit: I was wrong but this is why acronyms without explanation are annoying.

Re: Meta lays off 11,000 people

#762

Post by debug-desperado »

beej71 wrote: post #521

"Desk sharing"... I wonder with the cost-cutting appeal of smaller real estate footprints and remote work if the huge campus era is actually drawing to a close.

Maybe it is. They're definitely reducing footprint for satellite offices: https://www.statesman.com/story/business/real-estate/2022/11...

Re: Meta lays off 11,000 people

#763

Post by mathverse »

dunkmaster wrote: post #731
commandlinefan wrote: post #700

Earlier quoted context omitted.

> If it were just about the money Sadly, today's layoffs were probably related to it not being just about the money then... no matter how good your intentions are, when the money runs out, it's gone.

Even Zuckerberg acknowledges that it is about money in the linked article: "Fundamentally, we’re making all these changes for two reasons: our revenue outlook is lower than we expected at the beginning of this year, and we want to make sure we’re operating efficiently across both Family of Apps and Reality Labs. "

It is about trimming the fat mainly. Meta is still absolutely a money printing machine.

Re: Meta lays off 11,000 people

#764

Post by cloutchaser »

discordance wrote: post #259
andyjohnson0 wrote: post #246

> I got this wrong, and I take responsibility for that. As always with these things, I wonder what taking responsibility actually means in practice. Businesses usually try to find ways to correct for major failures in decision making. In the case of Zuck, given his ownership, does anything actually happen or change? I'm sure his net worth has been reduced by changes to Meta's share price, but he was a multi-billionai…

"Today, effective immediately, I, Gavin Belson, founder and CEO of Hooli, am forced to officially say goodbye to the entire Nucleus division. All Nucleus personnel will be given proper notice and terminated. But make no mistake. Though they're the ones leaving, it is I who must remain and bear the heavy burden of their failure."

I wonder how many of the people who say “musk is just an investor and Tesla and spacex exist because of the engineers” now say

Zuckerberg is clearly the responsible for the failures of Facebook.

You can’t have both.

Re: Meta lays off 11,000 people

#765

Post by mrinterweb »

gfd wrote: post #704
Leires wrote: post #690

I'm sorry, but honestly fuck Meta. Conducting psychological experiments on users without consent, and enabling psyops from organizations like Cambridge Analytica, is enough for me to never use their services. I hope they implode as a company. I happily said no when people from meta approached me on LinkedIn.

Not saying it makes it okay, but every company in existence does this to some extent. Everyone does A/B testing with the intent to alter user behavior (aka psychology) to increase their profits.

Let's not confuse or conflate A/B testing with making ethical decisions.

Re: Meta lays off 11,000 people

#766

Post by heavyset_go »

miiiiiike wrote: post #710
andyjohnson0 wrote: post #246

> I got this wrong, and I take responsibility for that. As always with these things, I wonder what taking responsibility actually means in practice. Businesses usually try to find ways to correct for major failures in decision making. In the case of Zuck, given his ownership, does anything actually happen or change? I'm sure his net worth has been reduced by changes to Meta's share price, but he was a multi-billionai…

> As always with these things, I wonder what taking responsibility actually means in practice. Remember a few years ago when people were asking "Why can't people just say they made a mistake and own up to it instead of shifting blame?" Now that people are taking responsibility for mistakes publicly the response is "Yes, but what does that mean?" Taking responsibility means just that. It means saying you fucked up and…

Apologizing means you won't do it again. What steps are being taken so that the situation being apologized for doesn't happen again?

Re: Meta lays off 11,000 people

#767

Post by rwiggum »

blamazon wrote: post #761
nicolashahn wrote: post #758

Some data from the inside: Reality Labs (AR/VR) hit less hard than the rest of the company. No one on my team or adjacent teams let go. Most bootcampers (unallocated new hires) are gone, even ones that were performing well. Low performer from my past team outside RL was let go, so it appears performance was a factor for a lot of roles, rather than just axing entire teams based on business need. edit: updated to clear…

(RL == Reinforcement Learning) Edit: I was wrong but this is why acronyms without explanation are annoying.

incorrect. RL = reality labs. the VR and metaverse stuff.

Re: Meta lays off 11,000 people

#768

Post by magicseth »

blamazon wrote: post #761
nicolashahn wrote: post #758

Some data from the inside: Reality Labs (AR/VR) hit less hard than the rest of the company. No one on my team or adjacent teams let go. Most bootcampers (unallocated new hires) are gone, even ones that were performing well. Low performer from my past team outside RL was let go, so it appears performance was a factor for a lot of roles, rather than just axing entire teams based on business need. edit: updated to clear…

(RL == Reinforcement Learning) Edit: I was wrong but this is why acronyms without explanation are annoying.

Reality Labs?

Re: Meta lays off 11,000 people

#769

Post by smodo »

j0hnyl wrote: post #716
Leires wrote: post #690

I'm sorry, but honestly fuck Meta. Conducting psychological experiments on users without consent, and enabling psyops from organizations like Cambridge Analytica, is enough for me to never use their services. I hope they implode as a company. I happily said no when people from meta approached me on LinkedIn.

It's naive of you to think that this is a Meta problem. Just by surfing the internet you're subject to all the same psyops by organizations that are arguably even worse than CA.

It doesn't say that's what they think. About Meta though, we know. 'Others are worse' is not a convincing argument.

Re: Meta lays off 11,000 people

#770

Post by nicolashahn »

blamazon wrote: post #761
nicolashahn wrote: post #758

Some data from the inside: Reality Labs (AR/VR) hit less hard than the rest of the company. No one on my team or adjacent teams let go. Most bootcampers (unallocated new hires) are gone, even ones that were performing well. Low performer from my past team outside RL was let go, so it appears performance was a factor for a lot of roles, rather than just axing entire teams based on business need. edit: updated to clear…

(RL == Reinforcement Learning) Edit: I was wrong but this is why acronyms without explanation are annoying.

Nope, other comments are correct, Reality Labs, aka AR/VR and other hardware
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