4 ms·
I consider this a good lesson never compromising yoru morals. Once you do it, it can always come back and bite you in the ass. I mean most of these deals happ
by chollida1 8y ago
I consider this a good lesson never compromising yoru morals. Once you do it, it can always come back and bite you in the ass.
I mean most of these deals happened 5+ years ago. And FB's stock is paying the price for it now.
So message to employees:
There are employee's who have received their entire 4 year grant fully vested now who weren't around when any of this happened. What your employer does, even if its not related to you, even if you weren't around for it, can still bite you in the ass.
They are paying the price in terms of the lowered share price and may have had nothing to do with any of this.
As another example banks are still paying fines related to 2008 that affect the current year's bonus pool.
The thing that bothers me the most about this is that rank and file Facebook employees wrote code to allow all of these companies access to users chat messages, personal data, etc. and they never said no.
- fipple 8y agoLOL, those bank fines are like 2% of earnings.
- jseliger 8y agoThis reads like another part of the media crisis narrative: https://jakeseliger.com/2018/11/14/is-there-an-actual-facebook-crisis-or-media-narrative-about-facebook-crisis/ https://jakeseliger.com/2018/11/14/is-there-an-actual-facebo... that users don't care about (in a measurable way).
- danso 8y agoThe crisis is a manufactured "narrative" when the COO is reported to have yelled "You threw us under the bus!" in reaction to the CSO making an embarrassing disclosure to the board? And when FB is under ongoing investigation by the US/UK/EU governments?