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Not all of those 12.000 people are going to be in technology, my guess is that most of them won't be. The article is also poorly written. The author clearly kn
by mrweasel 4y ago
Not all of those 12.000 people are going to be in technology, my guess is that most of them won't be.
The article is also poorly written. The author clearly know that Meta is the parent company, so are the 12.000 people across all Meta properties, or just Facebook? Given that Meta, not Facebook, have 83.000 employees (which seems like a lot to be honest), the 12.000 is across all Meta owned companies. That could mean that Meta is dropping a bunch of projects that doesn't make money, firing the people working on them, while those working in profit centers a safe, for now. I wouldn't be surprised if moderations is going to take a big hit.
As others pointed out "quiet layoff" is a weird term to use, that could mean that initially they won't rehire, at least not externally, when people quit.
- phpisthebest 4y agoPrevious news was that managers at Meta were told to put some percentage of their reports on PIP's, the thought at that time was they were preping for layoffs, and the PIP's are a prelude to get people to quit on their own accord
- JumpCrisscross 4y ago> Meta is the parent company, so are the 12.000 people across all Meta properties, or just Facebook This is the cost of idiotic name changes. Nobody I know refers to Google the mothership as Alphabet. Meta took more hold, but it’s still fairly common to call the whole thing Facebook.
- pid_0 4y ago
- biztos 4y agoIsn’t the reason for the Meta name taking (some) hold just the giant push for the “Metaverse” as the future of the company? It’s not like Alphabet is doing anything… alphabetical. And if they did they’d call it Google Spelling anyway.
- strulovich 4y agoMeta really tries to have the new name replace the old in many contexts: when you start any of the apps it say “from Meta”, the Oculus Quest is now the Meta quest, the stock symbol changed, etc. Alphabet is really a holding company and not a brand. If I open Google.com I don’t see any mention of alphabet. I can’t even imagine how their logo looks like. (Meta/Facebook employee, but I don’t have any knowledge of this besides public stuff)
- QuarterReptile 4y agoIf they called it Google Spelling, that would be our signal that it would be killed off in 18 months.
- hnfong 4y agoIt was a pun on "alpha"(the investment/speculation term)-"bets". The original idea is that the Google founders would use Alphabet as holding company for their "alpha-bets", but apparently since Pichai took over of Alphabet as well this venture is probably also "Killed by Google"...
- ahahahahah 4y agoGoogle never changed its name, it's still Google and calling it that is appropriate. Google introduced a holding company Alphabet to own several companies (Google, Waymo, DeepMind, Verily, etc). Facebook changed its name to Meta. Comparing the two in the way you did is either incredibly ignorant or incredibly disingenuous.
- jjulius 4y ago>Google never changed its name, it's still Google and calling it that is appropriate. Google introduced a holding company Alphabet to own several companies (Google, Waymo, DeepMind, Verily, etc). >Facebook changed its name to Meta. Hey, thanks for that clarification. It was really nice of you t-... >Comparing the two in the way you did is either incredibly ignorant or incredibly disingenuous. ... oh. Okay then.
- 52358 4y agocontent reviewers are not employees, they are contractors through third party companies like Accenture, so likely not included in the 83K employee number