91–100 of 403 posts
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Getting laid off and getting fired are different things.
The results are the same: your company has one employee less and you have one employer less.
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Facebook stopped burning VC money a long time ago. They've been wildly profitable for years. Their success is largely because of paying high salaries to attract some of the best people, not in spite of doing that. The real issue seems to be that they're losing $3bn a quarter building the Metaverse (eg Reality Labs) at the same time as losing ad revenue because of things like Apple's antitracking changes and failing t…
"Best people" according to what metric, other than salary? Facebook got fat from advertising and monetizing the worst aspects of social media. Does that require the "best people?" What technology has Facebook developed with all of those "best people" that could compare to what Bell Labs did with a group of fewer than 10?
Not to mention creating some of the widest-used OSS libraries on the web.
Plus, it’s one of the few platforms our grandparents can use, and we all know how hard it can be to make software that older folks like to use.
So they are clearly not hiring terrible devs. (Well, sure some of them are, but that’s the case everywhere)
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Meta verse could be the next big thing and the long shot facebook needs. It just happened that out of their control 1. Apple squeezed them out of ads revenue 2. Market went to shit I hate Facebook as a company but I don’t see them making strategic mistakes…. Everyone is getting fired everywhere
Name one new product that Facebook built from scratch (did not acquire), launched, and made a sustained success of since their original social network. The company cannot innovate and has bet the farm on their ability to innovate. I’ve said it before: Facebook should monetise WhatsApp via payments (real payments, not crypto) and other services. That’s something within their capability and very much within their reach…
Sad for the employees but a little part of my heart perks up whenever I hear any story of Facebook failing in any way.
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12 000 people out of 58 000 is “not a big deal”? It’s especially a big deal in the context of Facebook’s decline and bleak outlook. They’ve been outcompeted by TikTok, and their bet on VR looks misguided. Facebook look doomed, and this is a big step in that direction.
On that issue I've never seen a LinkedIn message from a Tiktok recruiter, or heard messages about mass hiring. Anyone know if they operating on a much lower staff count?
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"managing out" This is about the worst kind of doublespeak I have ever heard. It is actively malicious, the very thought of it brings images of purposeful abuse of employees. Seriously, just fire people.
Doesn't always mean the same thing, "managing out" could mean firing, but it could also mean creating an inhospitable environment for work, like demotion, allocating drudge work, removing responsibilities, etc. To manage them out of the company "by their own choice", which is unfortunately just as bad if not worse.
A good manager can do some 'managing out' simply by communicating to her team that there are reduced opportunities for promotion or new projects coming up, and that they may be layoffs. At any time in any workplace a certain fraction of people are actively looking for a new job, and another, usually much larger fraction are open to a move, might be hearing from recruiters, etc. A manager can create a mood of "if you have a decent offer, you should take it" without making people's lives miserable.
amazon manager here: it's the same with us. our director gave told us to manage out more people this year to hit our revised headcount targets for next year. there are no layoffs, just larger-than-normal targets for managing out people. I talked with friends across various orgs and the targets seem to range between 10% to 25% for different teams (as opposed to 5% for normal years).
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I get the desire to look down on leetcode or on Facebook generally but do you really think that Facebook would be able to operate at this scale if they didn't have good engineers? They have billions of customers using their products all the time. This isn't done by useless people who know only LC and office politics. They have to solve technical problems that most other software engineers don't even know exist. Havin…
> do you really think that Facebook would be able to operate at this scale if they didn't have good engineers? They clearly have engineers that are good, but he questions if the engineers are better than the good engineers found at any other run-of-the-mill company. They aren't exactly performing sorcery over there, just solving problems like every other software business.
Sad for the employees but a little part of my heart perks up whenever I hear any story of Facebook failing in any way.
Facebook has gone out of their way to be as horrible as possible. And their product is miserable, and they never update the user side. The last significant change was to add emojis six years ago, and that took them many years to do.
If they didn't have an effective monopoly, they'd be long gone.