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Meta plans to lay off 10k employees
- mydriasis 4y agoAnyone work at meta? How are the departments listed in the article defined?
- deleted 4y ago[deleted]
- alchemist1e9 4y agoWow. Is it total reduction now of 21K of 86K approximately? 24.4%
- throwayyy479087 4y agoThere's a huge number of Product people on TikTok who seem to spend their whole day bragging about their cushy, low impact, high pay jobs. They're still around, too - I wonder how much longer.
- kenjackson 4y agoBut you also can’t trust people on TikTok.
- throwayyy479087 4y agoI absolutely agree, but this comment [0] lays it out well. In a non-TikTok news article: "During her senior year at UCLA, Riley Rojas decided to pursue a career in Big Tech — and she wanted to work for the best ... This week in #KeepingtheBalance, Rojas shares how she landed her job at Meta with a political science background. Spoiler: It took a whole lot of studying and manifestation." I worked my ass off in Engineering school, and as an engineer, to get into FAANG. She manifested with a background in Poli Sci. There's going to be anger about those optics. It's not surprising to see PMs decimated right now, based on the poor growth numbers, declining user engagement, and said optics. [0]: https://news.ycombinator.com/item?id=33361622 https://news.ycombinator.com/item?id=33361622
- kenjackson 4y agoThat post you link seems skeptical about her three start ups due to her being a political science major. But if you look at her LinkedIn account they appear to be actual start ups, just not tech focused. But it seems like the type of skill set that I would look for in a product manager. People who go out and make things happen are rare. Regardless of major.
- throwayyy479087 4y agoThis interpretation rings hollow - if you've worked at any tech company, you've seen the hoards of people who manage to create meetings about meetings, grow their empire, and amass massive salaries with no relevant skills. A lot of it is about showing a record of "getting things done" - but things that don't matter.
- kenjackson 4y agoIf people are getting things done, but these things don't matter -- that's the fault of leadership. Leadership should have clear goals/OKRs/outcomes that they've agreed to. These people should be getting these things done. If they do these things and they don't matter -- it's likely not their fault. And this applies doubly so for a junior product manager. I was not long ago VP of Engineering and if my team built stuff, using best practices and on time, but what we built didn't matter -- I couldn't blame them. It's my fault. It's my job to make sure what we build matters. But if I can give a set of OKRs and you can drive to make those happen -- those people are gold. Now you can argue with me that the OKRs were bad. That's fine. Fire me. But the person that delivered it -- those people are worth their weight...
- kapp_in_life 4y agoYeah, when the PM's have no coherent vision for products and their suggestions are only harming engagement/metrics then its not surprising the next line is: "What would you say you do here?"
- 4y ago
- dumbaccount123 4y ago[flagged]
- Raydovsky 4y agoIt's not just bloat. It's also shitty devs that create more work for everybody else.
- jstx1 4y agoThat's not how they decide who gets laid off.
- dumbaccount123 4y agoIt probably is sorry.
- zht 4y agoSorry what is a soy latte programmer
- rvz 4y agoSurely so-called 'programmers' here should be smart enough to know that the parent comment is talking about everyone here on the orange site. Ironically, you're pretending to be dumber than the 'dumbaccount'; proving their point.
- atomicnumber3 4y agoIt's 4chan gobbledegook that has no place in actual discourse
- deleted 4y ago[deleted]
- DrThunder 4y agoYour comment has nothing to do with his/her point and also has no place in this discussion. You're trying to use an identity attack to dismiss the point.
- Beaver117 4y agoDear Metamates, I've had to make some hard decisions, to fire ten thousand of you. But don't worry I take full responsibility for this failure.
- abirch 4y agoI take solace that you say you take responsibility otherwise no one would have known.
- jvanderbot 4y agoThough you bear the full consequences of my decision, fret not, my feelings are hurt a little bit.
- r00fus 4y ago<insert Shrek/Farquad meme>
- yashap 4y agoLife imitates art: https://youtu.be/u48vYSLvKNQ https://youtu.be/u48vYSLvKNQ
- deepakkarki 4y ago> Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired. Wait so does that mean they'll end up with 10K less after hiring 5K folks? Which might imply that they'll be firing 15K people.
- przemub 4y agoNo, it means that they won't hire these 5K in the first place.
- JumpCrisscross 4y agoI'm reading it as 10,000 people being fired and 5,000 job openings, some of which may have offers out, being cancelled.
- rexreed 4y agoThey are firing 10k people they have already hired, and not hiring for 5k roles where they haven't yet hired. So 10k are leaving, and the planned 5k they were going to add will not add. This means they are losing 10k.
- pif 4y agoNo, it means they will not hire 5 k people they had planned to hire, and they'll let 10 k people go within their current workforce.
- przemub 4y ago"Year of Efficiency". Oh wow.
- admissionsguy 4y agoWith Facebook having lost much of its prominence, it's easy to forget that this guy still considers himself a king and a visionary in his little fiefdom.
- kenjackson 4y agoYes. That is one of the worst euphemisms of the year.
- globalise83 4y agoDefinitely has some Maoist undertones
- KptMarchewa 4y agoThey need to scale up and make a 5-year plan.
- morph123 4y ago[flagged]
- ozaiworld 4y agoMetaverse was only mentioned 2 times.
- qbasic_forever 4y agoI noticed that too, very interesting how it's not mentioned at all. Maybe Mark is getting a clue his little bet is a failure and a joke.
- A_D_E_P_T 4y agoYeah, I noticed this. I wonder if it's next on the chopping block. Thing is, I don't think that people trust FB/"meta" with the concept. Most of the feedback I've heard from people IRL has been to the effect of, "it could be cool, but not if Facebook is behind it."
- alvis 4y agoThe message is loud and clear "As I’ve talked about efficiency this year, I’ve said that part of our work will involve removing jobs". & no surprise, "future" has only mentioned 4 times Mr Zuckerberg, what is the future of social connection?
- deleted 4y ago[deleted]
- _joel 4y agoHow many billion per mention did that cost?
- tkgally 4y agoAnd it was mentioned only as one item among others: “We do this with AI to help you creatively express yourself and discover new content, with the metaverse to deliver a realistic sense of presence, with new media formats to …” and “Our leading work building the metaverse and shaping the next generation of computing platforms ….”
- nolok 4y agoCoincidentally that's also the number of times it was used today, and the number of people with any interest in it !
- jghn 4y agoLast week: Post surfaces saying that on 3/14 there'd be a mass layoff of managers & directors. Many people react that no way is this true 3/14: Zuck posts that they're making their orgs "flatter", in other words laying off a bunch of managers & directors
- elicash 4y agoNot sure what thread you're referring to. I suppose maybe some people did think this wouldn't happen? But Zuckerberg publicly announced he was doing this flattening over a month ago. (Though we didn't the numbers until now.)
- rwc 4y agohttps://news.ycombinator.com/item?id=35100251 https://news.ycombinator.com/item?id=35100251 Or, if you prefer: https://www.bloomberg.com/news/articles/2023-03-07/meta-is-said-to-plan-thousands-more-layoffs-as-soon-as-this-week https://www.bloomberg.com/news/articles/2023-03-07/meta-is-s...
- elicash 4y agoSeems like people were only skeptical of the specific dates given by an anonymous Blind user, just on the basis that it's an anonymous user. That's likely a good thing, even if it happened to be accurate! They weren't skeptical that layoffs were coming aimed at a flattening, which makes sense since this was already announced by Zuckerberg over a month ago.
- jghn 4y agoThere were threads here, Reddit, and elsewhere. IIRC all pointing back to Blind. What I mention wasn't a universal opinion and apologies if I made it sound that way. But there was a much stronger segment than I would have expected thinking it was all a bunch of made up FUD
- throwayyy479087 4y agoI don't think this is line managers and their managers. I'm reading this as the people in the 5 levels above THEM, but below Zuck.
- deleted 4y ago[deleted]
- yakshaving_jgt 4y ago> We are a technology company, and our ultimate output is what we build for people. Everything else we do is in service of that. As we’ve grown, we’ve hired many leading experts in areas outside engineering. This helps us build better products, but with many new teams it takes intentional focus to make sure our company remains primarily technologists. As we add different groups, our product teams naturally hire more roles to handle all the interactions with those other groups. If we only rebalanced the product teams towards engineering, those leaner product teams would be overwhelmed by the volume of interactions from other groups. As part of the Year of Efficiency, we’re focusing on returning to a more optimal ratio of engineers to other roles. It’s important for all groups to get leaner and more efficient to enable our technology groups to get as lean and efficient as possible. We will make sure we continue to meet all our critical and legal obligations as we find ways to operate more efficiently. How should this be interpreted? They're getting rid of all the Agile Coaches?
- bagacrap 4y agoInteractions with other groups = PMs I'm thinking
- deleted 4y ago[deleted]
- albntomat0 4y agoFor context: "In 2020, Meta added over 13,000 employees, a 30% increase, and the biggest year of hiring in the company’s history. In 2021, it added another 13,000 workers. By total worker numbers, it was the two biggest years of expansion in Facebook’s short history." https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-growth-than-tech-peers-no-layoffs-yet.html https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-g...
- hammock 4y agoAlso for context. FB stock in 2020: 234 Today: 190 FB revenue in 2020: $86 billion 2022: $117 billion
- arnon 4y agoRevenue is nice but revenue-per-full-time-employee is a more meaningful metric.
- bobbylarrybobby 4y agoInflation adjusted revenue per employee even more so
- Quarrelsome 4y agomeaningful for profitability, but surely having more employees can be of benefit to society.
- lotsofpulp 4y agoSociety should get rid of computers and construction equipment then. Everyone can have a lot more employees.
- hammock 4y agoNo need to get rid of computers and backhoes. You don’t have to have work in order to have employees. At least that’s what the parent seems to be implying
- neogodless 4y ago"We are Metastasizing."
- gardenhedge 4y agoAll the talk to a flatter structure, being lean, focusing on the tech actually makes me want to work at Meta. If only they would change their leetcode interview process!
- ceejayoz 4y ago> All the talk to a flatter structure, being lean, focusing on the tech actually makes me want to work at Meta. Do you take those claims as seriously as you do "Meta is building the future of human connection", "Year of Efficiency", and "Meta builds new ways for people to feel closer"? This is a PR fluff message about layoffs. I wouldn't take any claims in it at raw face value.
- dangwhy 4y agoIts not fluff entirely. My friends who are in managment are now coding and some middle management people have quit.
- ceejayoz 4y agoThis announcement says the layoffs and reorg will occur "over the next couple of months". They haven't happened yet.
- dangwhy 4y agoNot sure what you are implying. They have asked many managers to start coding or leave a while ago, their title is still EM maybe will change to IC now.
- ceejayoz 4y agoI'm implying companies tend to come up with all sorts of great sounding PR fluff to explain layoffs, and that I'm generally skeptical of claims to be making orgs "flatter". If this statement specifically makes someone want to work at Facebook, I think their bullshit meter needs adjusting.
- pastor_bob 4y ago>We expect to announce restructurings and layoffs in our tech groups in late April, and then our business groups in late May. In a small number of cases, it may take through the end of the year to complete these changes. Wow, that's a pretty long timeline from announcement to execution. Being told you might be laid off some time in the next 10 months. I guess they're hoping people quit?
- zug_zug 4y agoWell, you get no severance if you quit, but if you sit at your desk and watch youtube all day you get a "pip" and 3 or more months paid time off if they let you go.
- FartyMcFarter 4y agoYou also burn bridges with many people if you do this though, which may not be a good long-term strategy if you're planning to stay in the software business. It is a small world in many ways.
- JCM9 4y agoNever fun for those impacted, but given Meta’s poor performance this is expected. The history book is being written now on if Meta was a brilliant business for the ages or always destined to decline into a has-been tech play. Ironically now Zuckerberg is the old guard with stale ideas that he railed against so hard when Facebook was founded. My grandparents and their friends are currently the most active users on my Facebook feed. Most under 40 in my circle have left and most under 25 I know don’t even have an account. If Facebook can turn things around then that would be truly impressive. Right now it’s on a slow march to the sidelines of has-been tech. I don’t think anyone is buying the whole metaverse thing, which just smells like someone missed the memo on Second Life. Facebook bet the farm there and the crops and livestock are looking rather ill.
- MagicMoonlight 4y agoZuckerberg never had fresh ideas. He stole someone else's idea and that has been the only product he has ever made.
- zeroonetwothree 4y agoMost successful businesses aren’t based on new ideas. All the big tech companies copied existing businesses, they just did it better.
- smt88 4y ago> All the big tech companies copied existing businesses, they just did it better. I agree with this regarding their first product. Google wasn't the first ad network, Slack wasn't the first team chat, etc. Very few of them seem to have ever had a follow-up hit product (whether original or copied). Apple and Microsoft are the only ones I can think of that did it. Meta and Alphabet have only ever created profitable businesses by acquiring other companies. I'm not even sure anything is profitable at Alphabet other than their ad business (which I would now include with YouTube) and G-Suite.
- morph123 4y agoIdeas are meaningless, execution is everything.
- DethNinja 4y agoI think it is fair to say that none of the large tech. companies except Apple managed to hire correctly. Should we also assume that they won’t be able to fire correctly? I do believe problems about their talent pipeline or how they utilise it lays deeper than these hiring/firing sprees can solve.
- justinclift 4y ago"Apple hired correctly" was a meme going around recently, but doesn't seem to be true: https://news.ycombinator.com/item?id=34826369 https://news.ycombinator.com/item?id=34826369
- catchnear4321 4y agoA lot of companies are laying off large numbers of FTEs. Linked story indicates that Apple is laying off contractors. These are not the same.
- justinclift 4y agoNot sure I buy that. If they'd "hired correctly", then even contractors wouldn't be getting laid off in large numbers.
- lotsofpulp 4y agoThe whole point of using contractors is you can drop them at a moment’s notice. Why would you bother predicting labor demand in the future? That is the contracted entity’s problem.
- justinclift 4y agoThat's an interesting point. It's one of the differences between US hiring practises, and other countries. Here in Australia, when you're a contractor you have a fixed employment term. That can be extended, depending upon the contract. If an employer decides to cut short the contract (without real cause), that can be an actual problem for the employer.
- biggc 4y agoIs anyone laid off with this message, or have they just set up the entire company to worry that they’re being laid off.
- steve_adams_86 4y agoFrom the text it appears at least some of these people are quite literally warned of their potential firing with this message.
- amrrs 4y ago>Our early analysis of performance data suggests that engineers who either joined Meta in-person and then transferred to remote or remained in-person performed better on average than people who joined remotely. This analysis also shows that engineers earlier in their career perform better on average when they work in-person with teammates at least three days a week. This requires further study, but our hypothesis is that it is still easier to build trust in person and that those relationships help us work more effectively. Looks like the age of pure remote work is done for big corporates!
- rob74 4y agoAlso, > I encourage all of you to find more opportunities to work with your colleagues in person ...I wonder if these layoffs will be an opportunity for managers to get rid of some of those pesky employees who insist on working remotely - with the welcome side effect of "encouraging" the remaining ones to "embrace" the return to old ways of working with more enthusiasm?
- caskstrength 4y ago> ...I wonder if these layoffs will be an opportunity for managers to get rid of some of those pesky employees who insist on working remotely - with the welcome side effect of "encouraging" the remaining ones to "embrace" the return to old ways of working with more enthusiasm? Yeah, to me that also looks like a thinly veiled threat "get back to the office or prepare to be laid off".
- lephty 4y agoInteresting hypothesis. If it is true, what does it say about social networks like FB if in-person networks provide better trust building than online ones.
- saos 4y agoIt was always going to happen. It was for a season to protect people from covid and lessen the spread of it.
- 4y ago
- hylaride 4y agoFree advice to future managers: You don't need to write a novel with these. Also, writing an email about how you're going to can a bunch of people over the coming year and then droning on about how the results of that are going to be so much better (and insinuate that the current setup, which is 100% a management failure, was a poor setup) is insulting. Also, this is a 2nd round barely 6 months after the first and it's going to happen over months. This will be great for morale and will likely only cause your A players (who are probably still very much in demand) to look elsewhere.
- brap 4y agoThe novel isn't for employees, it's for investors
- avrionov 4y agoCorrect. The stock is up 5% this morning.
- yurishimo 4y agoStock always goes up after layoffs. Hell, the stock goes up after _rumors_ about layoffs.
- DeathArrow 4y agoSo, if you approach 0 employees asymptotically, the stock will approach ∞.
- mywittyname 4y agoI sincerely hope this new thesis you've unleashed on the world is called the DeathArrow in business schools across the world.
- Iwan-Zotow 4y agogive man a Nobel
- samsolomon 4y agoWhat is the value in announcing that layoffs will take place over a period of months instead of doing it all at once? That seems like the worst possible outcome for both the company and it's employees. Morale is going to be terrible and Meta is going to be left with everyone who hasn't (or wasn't able) to switch jobs.
- qbasic_forever 4y agoIt's to put pressure on people to perform and sacrifice themselves, their personal lives, their family etc. It's the same reason so many tech companies start to do quarterly reviews, so every 3 months your manager will hold over your head the threat of 'not meeting expectations' and putting you on a performance improvement plan.
- mattboardman 4y agoMark lays it out pretty simply in the letter. People don't want surprise layoffs. They'd rather know ahead of time what leadership's planning. It's a tough pill to swallow but this is what a lot of people asked for.
- college_physics 4y agoits quite depressing but it applies to much of corporate structure and incentives. how much more performance can you squeeze from an individual that: i) is not intrinsic to who they are (hence visible when you hire them - if its not the right profile just don't hire them) ii) is not tied to your own bloated structure, toxic culture and messed up processes and hence none of their fault is that 10%, 20% extra performance? is that sufficient to satisfy the "markets"? when its your vision and business model is what is really the problem.
- deleted 4y ago[deleted]
- g051051 4y agoIf it encourages people to leave voluntarily, it could save the job of someone else, and save the company the costs of a layoff.
- vesinisa 4y ago> Overall, we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired. So in total this means about 16% reduction from what Facebook was aiming to scale to in December 2022 (86k staff). I wish the investors had put Zuck in his place and killed the Metaverse concept early, but it looks like these cuts are across the board and not impacting any particular project.
- andsoitis 4y ago> I wish the investors had put Zuck in his place Mark Zuckerberg has 55% of the company's voting shares, giving him majority power.
- frob 4y ago> garbage collect unnecessary processes, I may be wrong and he may be actually referring to optimizing garbage collection on their servers, but this sounds like a callous and heartless way to refer to firing 10k people.
- justinclift 4y ago"People" -> "Human resources" -> "Processes" Hmmm, wonder what the next step of "threads" will look like? ;)
- oblio 4y agoHeck, let's go all the way with the metaphors. Execute, reap.
- postsantum 4y agoNo, that's the final form. The beginning of the Terminator movie takes place in 2029, when "terminate a process" has become an euphemism for killing humans
- selimthegrim 4y agoThey already made a movie with that title.
- qbasic_forever 4y agoNo he's really referring to projects being shut down as "garbage collection", and I agree it is super heartless. It's interesting that Sheryl Sandberg left in the fall and now official comms from Mark like this are much less human--you can really see the absence of someone like Sheryl who could say to Mark, "hey this sounds terrible to real people, don't do this" and not get fired for it.
- oblio 4y agohttps://www.businessinsider.com/well-these-new-zuckerberg-ims-wont-help-facebooks-privacy-problems-2010-5 https://www.businessinsider.com/well-these-new-zuckerberg-im...
- deleted 4y ago[deleted]
- wallaBBB 4y agoCould someone save me from reading through it - Did Zuck take full responsibility? I really sleep better when CEOs state that they take full responsibility for massive layoffs.
- ramraj07 4y agoI’d rather hear what Ja Rule has to say!
- faeyanpiraat 4y agoJoshua, is that you?
- Southland 4y ago> Our early analysis of performance data suggests that engineers who either joined Meta in-person and then transferred to remote or remained in-person performed better on average than people who joined remotely. This analysis also shows that engineers earlier in their career perform better on average when they work in-person with teammates at least three days a week. This requires further study, but our hypothesis is that it is still easier to build trust in person and that those relationships help us work more effectively.
- agos 4y agoI'm very curious as to what constitutes "performing better" in the context of this metric
- zeroonetwothree 4y agoSelling more ads
- zpeti 4y agoI wonder if the eventual result of all this work from home debate will be that it's something that's earned after a period of time. e.g. 1 day a week after 6 months of employment, 2 from 1 year, etc. That actually makes perfect sense to me from a practical perspective.
- callahad 4y agoGradual phase-in makes sense to me, too, but who's going to be in the office to mentor those folks?
- zeroonetwothree 4y agoMore likely based on level than tenure
- wootland 4y agoIt doesn't make sense because the biggest advantage to WFH is that people can live in a lower cost of living city (and companies can hire the best talent globally). Forcing people into the office even once a month means you're tied to the real estate market next to the office.
- ar7hur 4y ago"[...] garbage collect unnecessary processes [...]" At least we know some parts of the post were actually written by Zuck himself, not the PR team.
- itg 4y agoIn the "In-person time helps build relationships and get more done" section, looks like they're setting the groundwork to force a back-to-office plan.
- morph123 4y agoMeta still has so much talent, especially in the AI space. I consider them probably just as talented as the deepmind folks, if not more so. They can still achieve world domination for sure.
- bluedino 4y agoUpdate on Meta’s Year of Efficiency Great title.
- papito 4y ago"Let's just hire people and give them obnoxious compensation packages before another FAANG gets them" may not be a business strategy that works in the lean times.
- karlmdavis 4y ago“Year of Efficiency”? Hoo boy… is Zuck picking up his management strategies from a podcast/YouTube channel? I mean, I shouldn’t/wouldn’t be surprised by that but still, wow. Playing in the kiddie pool. (Strongly reminiscent of the Cortex podcast’s “yearly themes”. Which I like! But… I’m not running one of the world’s largest companies, am I?)
- andsoitis 4y agoI don't understand your sentiment. Calling out a top priority for the year so that everyone at the company knows seems like a good approach to aligning people across a large organization.
- vsareto 4y ago>Our efficiency work has several parallel workstreams to improve organizational efficiency, dramatically increase developer productivity and tooling, optimize distributed work, garbage collect unnecessary processes, and more. All the tools in the world but you can't have a quiet office
- disgruntledphd2 4y agoTo be fair, i wouldn't be surprised if FB ended up with small team offices in a lot of locations.
- throwayyy479087 4y agoI wonder how much of this is the optics from the Riley Rojas types. That caused a real shit storm, and may have finally exposed upper mgmt to just how little most Meta employees do. She's still employed there though. I can't imagine she'll ever be fired, too much legal risk.
- deleted 4y ago[deleted]
- btbuildem 4y agoIt's an insult to have to read that much text for so little content.
- deleted 4y ago[deleted]
- poniko 4y agoSeems like its clear that it's AI before metaverse for FB now .. that has to sting for mr zuck.
- setgree 4y agoI know that working in tech can warp your sense of reality, but it's really, really hard to imagine starting an email in which I announce that I'm laying off 10,000 people -- the entire population of my hometown and then some -- with "Meta is building the future of human connection." I just can't tell a story in which I would end up being a person who does that. It's too alien.
- FartyMcFarter 4y agoYou don't write that email by yourself. There are lots of cooks in the pot when it comes to writing this kind of message to a large corporation.
- tomgp 4y agoAnd yet thay all apparently lack basic human empathy?
- FartyMcFarter 4y agoSome of them probably do, and I'd also bet that when responsibility for writing the message is diffused throughout a group, people don't feel the need to make it as nice as they would otherwise.
- tennisflyi 4y agoWhy would they have any more compared to any other industry?
- izacus 4y agoThere's nothing better at diluting empathy and care for humans, not to mention creating evil, than diluting responsibility.
- AdamN 4y agoSomebody else will make it sound empathetic /s
- lr1970 4y agoMeta-verse => meta-worse
- newaccount2023 4y agoThese people can be rehired in a year for 50% of what they are making now And many will be happy for the opportunity
- dumbaccount123 4y agoPeople said twitter would fall over after all the influencers got fired but its still relatively functioning fine. Confirms my theory that most companies are just bloat 80:20 rule. Get rid of everyones whos not a nerd or directly sells product.
- citrin_ru 4y agoTwitter still working doesn't proof anything. There may be tech debt piling up and after some time they will need some combination of investments and surgery (dropping of non-critical features) to be able move forward without breaking everything.
- dumbaccount123 4y agoI dont think so they probably fired people like her https://twitter.com/TMFSunLion/status/1585257328533995520?lang=en-GB https://twitter.com/TMFSunLion/status/1585257328533995520?la... The company is fine.
- cr__ 4y agoTweets fail to send on the first try about a third of the time now
- dumbaccount123 4y agoWorks fine for me. Maybe they need to rehire the button engineer to fix the button code! /s
- haunter 4y agohttps://news.ycombinator.com/item?id=35100251 https://news.ycombinator.com/item?id=35100251 Flagged of course, "no way this is true" etc
- paganel 4y agoThat was my first though when I say this instantly get to the top spot.
- mfiguiere 4y ago> We’ll also have individual contributors report into almost every level — not just the bottom — so information flow between people doing the work and management will be faster.
- Invictus0 4y agoInternet Rule 289: Thou shalt complain about layoff announcements
- saos 4y ago> In our Year of Efficiency, we will make our organization flatter by removing multiple layers of management. As part of this, we will ask many managers to become individual contributors. So basically more rounds of layoffs to come? > This analysis also shows that engineers earlier in their career perform better on average when they work in-person with teammates at least three days a week. Sounds like they pulling the plug on remote work Has Meta been found out as a company?
- yla92 4y ago> In our Year of Efficiency, we will make our organization flatter by removing multiple layers of management. As part of this, we will ask many managers to become individual contributors. I am curious what people think about this.
- NickSingh 4y agoQuick Question: why do the layoffs take so long? Like why is he saying for some groups it may take till the end of the year? Internally, doesn't that mean nobody has any morale or gets any work done for a proper year, since everyone remains jaded and on edge?
- favaq 4y ago"layoff" is a noun. I think you meant "lay off"
- Octokiddie 4y agoThe word "efficiency" appears 20 times in this article. Yet not once does the author explain where all of the inefficiency - the layers, the fat, and the lethargy - came from. Nor does he explain the logic of culling employees now. These are not the words of someone who has learned lessons or who is interested in telling the truth. So here's a hypothesis: Facebook is not a "technology company," it's an advertising company. And spending on advertising has cratered as businesses everywhere have pulled in their horns in response to their own falling revenues. Facebook lived large during the fake boom. It hired way too many people and a built a bloated, middle-heavy organization that is poorly-suited to the task ahead: taking back territory it's lost to smaller, nimbler competitors. Facebook management bought the economic lies being told hook, line, and sinker. The party's now over and Facebook faces major headwinds, including savage competition, declining revenue, and the aftermath of a hiring orgy gone wrong.
- fatnoah 4y agoSome part of it was highlighted with the mention of an org chart that is both deep and sparse. Many managers had only 2-4 reports with the expectation that the org chart would fill out with hiring. Now that hiring has slowed dramatically, those levels won't fill out, so consolidation makes sense. There was also a lot of duplicative and overlapping work, which is mentioned as well.
- lapcat 4y ago> Yet not once does the author explain where all of the inefficiency "The author" is a bit of a strange way to refer to Mark Zuckerberg himself.
- world2vec 4y agoDo you really believe Zuckerberg wrote this by himself? He probably just signed it off.
- lapcat 4y agoBy himself? No. I don't think the precise authorship even matters. It is represented as coming from Zuckerberg, as an official company statement: "Mark Zuckerberg just shared the following with Meta employees". Zuck publicly endorsed it as his views on the matter, regardless of the pedantic details of who exactly wrote which sentences. I don't think it makes much sense to distinguish the author(s) from Mark. When the President of the United States gives a speech, you don't analyze the speech as if it were the views of the speechwriter(s). Of course the POTUS is just reading from a teleprompter, but the writers are hired by the POTUS to write for him, as is the case with Zuckerberg too.
- pictur 4y agoCompanies should share these updates in a short and concise way rather than posting such and nonsense articles. Sharing like this sounds really absurd. I tried to read it, but when I saw that he was talking about speeding up build systems at one point, I couldn't take it seriously and continue.
- ar9av 4y agoZuckerberg is obsessed with cornering the market for the Next Big Thing. First it was radio, then TV, computers, cellphones, what could the next big thing be? It's got to be VR... because Mark can't think of anything else it could be. So even though people aren't willing to strap bricks to their faces now, once they understand there's no other Next Big Thing coming, they'll shrug and pick up a VR headset. Then after a month of ChatGPT hype he wakes up and fires everybody. What a clown.
- seydor 4y agoThey did release Llama which is bound to become the linux of llms
- noisy_boy 4y agoMaybe the next big thing would be a big bunch of interconnected small things. Who knows.
- dx034 4y ago> Then after a month of ChatGPT hype he wakes up and fires everybody. What a clown. Changing course when you realize you were wrong has nothing to do with being a clown. Not defending Zuckerberg or the lay off, but for large companies it's always been one of the hardest tasks to predict trends. And many that go under do so because they hold on to old technologies and refuse to admit the world has changed. If Zuckerberg really changed the whole strategy because he saw VR won't go anywhere and ChatGPT has such potential, changing course drastically would be much better than holding on to old projects due to sunk costs.
- walthamstow 4y agoI thought 'layoff' was the noun and 'lay off' was the verb?
- MagicMoonlight 4y agoThe fact that you can fire 10,000 people in a day without noticing just proves that capitalist efficiency is a lie. You still get the same stupid waste of resources as with any other system. What do any of these people even do? Facebook hasn't changed in the last 10 years. Instagram etc are all finished products. How can you have hundreds of thousands of people in a company when you don't make anything? You have to give them something to do so you get them to make a new UI because everyone always needs a new UI. But then oh no we need new servers for development so we need a new server team. And then we need a testing team for testing the UI and then we need HR for managing the new teams and accountants for managing the expanded payroll... And yet none of them actually achieve anything because it's a made-up project.
- auggierose 4y ago> we don’t build services to make money; we make money to build better services That's either a lie, or Mark has a serious misunderstanding of what "better" means.
- mabbo 4y agoIgnore the fluff piece. The reality is you're being laid off because the company can make more money by taking your salary and buying government bonds. When your team got spun up to work on this project, interest rates were low and it was a sound investment to try this project out. If it was successful, it might have made/saved a moderate amount of money. It made sense to invest in it, compared to all the other options available at the time. But alas, inflation soared and interest rates rose faster than predicted, so now the bonds are a better bet than you and your team doing whatever it was you were doing. According to this spreadsheet, it wasn't nearly as profitable as the bonds.
- dx034 4y agoGovernment bonds yield 3-4%. I don't think they ever calculated with a margin of just 4%. It's true that liquidity has dried up to some degree and companies have alternatives what to do with their money, but it's not like they though they'd yield only 3% by hiring more people.
- zeroonetwothree 4y agoCloser to 5% now
- mrfox321 4y agoback down to 4.3 for short term t-bills yields dropped almost 1 point after depositor bailouts for SVB. the running belief is that the fed will slow down in response to fixed-income positions held by banks.
- oblio 4y agoWhat maturity? I'm only seeing 3.XX% here: https://www.treasurydirect.gov/marketable-securities/treasury-bonds/ https://www.treasurydirect.gov/marketable-securities/treasur...
- onlyrealcuzzo 4y agoHard to make money adjusted for inflation buying government bonds that are still negative in real terms... Also, FB isn't buying treasuries...
- Alex3917 4y agoThe obvious question here is why a social network considers itself to be primarily a technology company that should be led by technologists. It seems like Zuck is trying to pull a WeWork here.
- Ericson2314 4y agoBesides the main stuff: Wow, I would not have guessed that Buck2 would be mentioned by name, and the only project done so.
- yafbum 4y agoLayoffs will continue until the metaverse strategy is a roaring success?
- Mizoguchi 4y ago"It will mean saying goodbye to talented and passionate colleagues..." What kind of sociopath one has to be not to realize there's something very wrong about writing a piece like this? It's almost like Mark or whoever put it together enjoyed doing it.
- owlbynight 4y agoIt's weird that several large tech companies all need to fire around 10,000 people at the same time. It's almost like the number is completely arbitrary and they're all soullessly choosing profit over their people because they can.
- bradlys 4y agoIt’s almost like the economic system which all these companies are based in demands profit over improving the lives of people… Weird.
- golergka 4y agoHow is choosing the profit of an average american 401k holder over the salary of $500k engineer “soulless”? People tend to forget that through all the layers of different companies and funds, the average person who owns Facebook shares is less well off than an average Facebook employee.
- tambourine_man 4y ago[flagged]
- DeathArrow 4y agoDid Zuck use ChatGTP to write the letter? It sounds so soulless...
- JustSomeNobody 4y agoThe government should bailout FB. Think of the workers!
- DeathArrow 4y ago>and will likely only cause your A players (who are probably still very much in demand) to look elsewhere Where? Just FAANGS are giving that level of salary and FAANGS are not hiring.
- biohax2015 4y agoThey will take lower salaries then.
- alfalfasprout 4y agoThat’s not true though. FAANGs (except Netflix) are not top of band anymore. Mid-large public unicorns have the best comp now and much better WLB
- makestuff 4y ago"As part of the Year of Efficiency, we’re focusing on returning to a more optimal ratio of engineers to other roles." I found this interesting, I wonder what the optimal ratio is. If the ratio is too high then eng is going to be hit hard, if it is too low then other roles are going to be hit hard.
- whalesalad 4y agohttps://www.instagram.com/p/CkHjg5LJwpU/ https://www.instagram.com/p/CkHjg5LJwpU/
- varispeed 4y agoIt's a good reminder that you a nothing for the corporation, a nuisance, a cost, a necessary evil. The moment they find a way to replace you and cut costs they will. This means, don't bother working more than you have to, after all you are not working towards your own private jet, but you are building wealth of people who don't have your best interest in mind.
- graderjs 4y agoOuch...the pain just continues
- turbobooster 4y agoGood, evil company yet hners love them for the salary $$$
- DeathArrow 4y agoI wonder if he reused the letter from the previous round.
- dnrvs 4y ago"garbage collect some processes" is an incredibly poor choice of words to use in a post about laying off 10,000 people through no fault of their own...
- javier_e06 4y agoI think ChatGPT will include the phrase "difficult decision" and the word "talented" on the task to write a layoff communique. The "flat structure" goes along the Elon "show me the code" rant when he acquired Twitter. IMHO managers are the spotters in the race and drivers are the coders and dev-ops the mechanics. To ask that the spotters have to take a few laps around the course during the race is idiotic right? You can replace the spotters with machines as long as you don't mind a few drivers going up in fiery crashes every now and then. I've seen that implemented. It requires a lot of work-visas.
- quux 4y agoHeadline: Update on our year of efficiency" Translation: We weren't efficient at all
- iamspoilt 4y agoDoes anyone else find the irony in this statement from a company that is pushing for a Virtual Reality social world since almost the beginning? > Our early analysis of performance data suggests that engineers who either joined Meta in-person and then transferred to remote or remained in-person performed better on average than people who joined remotely. This analysis also shows that engineers earlier in their career perform better on average when they work in-person with teammates at least three days a week. This requires further study, but our hypothesis is that it is still easier to build trust in person and that those relationships help us work more effectively. > As part of our Year of Efficiency, we’re focusing on understanding this further and finding ways to make sure people build the necessary connections to work effectively. In the meantime, I encourage all of you to find more opportunities to work with your colleagues in person.
- theonlybutlet 4y agoStarts off saying how they're building tools to help people connect digitally as if they're there in person and the proceeds to say it's really shit and people should meet in person. The whole in office is better thing is a farce, but how can you buy into a 'vision' when they don't believe it themselves.
- ketchupdebugger 4y agohalf the people there dont believe in the metaverse. That's their long term strategy that they've sink billions of dollars into.
- theonlybutlet 4y agoSounds like a winning formula /s
- damsta 4y agoI asked ChatGPT about taking responsibility for the layoff, here is the response: > The blog post does not explicitly state that Mark Zuckerberg takes full responsibility for the layoffs.
- zmmmmm 4y agoI a lot of ways this feels to me like Zuckerberg taking back the company after the Sheryl Sandberg years. There is no adult supervision any more and Mark is now unrestrained in living out his geek ideology that says engineering led companies are better and layers of middle management are fundamentally wasted. I have some sympathy for this viewpoint but I think it is all too easy to under estimate how special the whole culture of an organisation needs to be to actually make fully engineering led leadership work. I am not sure you can impose it from top down. But it will be very interesting to see how he goes at it.
- woeirua 4y agoIt still blows my mind how many engineers are at Meta. What are they all doing? Seems pretty comfortable to say that they could lay off thousands more and probably notice no difference in the user experience or revenue of their products.
- bee_rider 4y agoIt it unfortunate for those people, but it is great for society as a whole that Meta is no longer wasting 10k engineers on their stupid ad platform.
- cbb330 4y agoWow, so much negativity towards this announcement. This reaction is genuinely surprising because I found this post both inspirational and insightful. I hope there are others who feel the same way! Maybe we can start a discussion on the content rather than our emotions from the headline? Some of the best parts here: > Today many of our managers have only a few direct reports. That made sense to optimize for ramping up new managers and maintaining buffer capacity when we were growing our organization faster, but now that we don’t expect to grow headcount as quickly, it makes more sense to fully utilize each manager’s capacity and defragment layers as much as possible. > A leaner org will execute its highest priorities faster. > we’re focusing on returning to a more optimal ratio of engineers to other roles. > I think we should prepare ourselves for the possibility that this new economic reality will continue for many years. Higher interest rates lead to the economy running leaner, more geopolitical instability leads to more volatility, and increased regulation leads to slower growth and increased costs of innovation.
- throwawaysleep 4y ago> I found this post both inspirational and insightful Are you a venture capitalist? Most of us are rank and file employees.
- wobblyasp 4y ago> This reaction is genuinely surprising because I found this post both inspirational and insightful I would love to understand how you see this as inspirational.
- fullshark 4y agoBecause they believe they are a 10x engineer and managers hurt their productivity by getting in their way most certainly, tale as old as time.
- cbb330 4y agoArguments ad hominem are inappropriate for hackernews. Let’s leave this type of argument to Reddit or blind. I understand your perspective though. layoff announcements trigger an emotional response esp. in an uncertain economic condition. To answer the question, I think it’s worth explaining my perspective first. My company did “hidden layoffs” where an entire org was cut without any leadership announcement. Everyone freaked out, and we got no response from company. We found out about increased PIP quotas from blind. We have a mountain of technical debt hindering developer experience with no priority to address it. Zuckerberg in this article, is the exact opposite of the horrible leadership that I have dealt with on my job. This is why I feel inspired to see specific reasons for restructuring, with multi month transparent plans, and pre-determined goals. When execs preach of transparency, point them to this article from Zuck which is entirely public. This content shows a proactive culture, and is so so refreshing when my experience has been as an employee of reactive leadership.
- iamflimflam1 4y agoI think I've posted this before - but can't find it. We always used to joke that layoffs always come in threes. The first one never cuts deep enough. People do the bare minimum. The second one comes when everyone realises that the business actually is in trouble and does need saving. The third one is needed as the business has been so badly damaged by the layoffs and is now bleeding cash.
- ribs 4y agoWhy they heck does an American use the word “bespoke”? It’s freaking CUSTOM, Mark, we are Yankees, cut the shit.
- varelse 4y ago[dead]
- dekhn 4y agoI dunno about anybody else, but Zuckerberg and Pichai both have writing styles with very little substance or convincing argumebnts.
- iancmceachern 4y agoSo many though, all at once. This is criminal lack of forseight and mismanagement
- prpl 4y agoAfter 15 years of the talent acquisition arms race they all finally got what they wanted, and now they are happy to throw it all way.
- iancmceachern 4y agoZuk should get rid of his foil board as a show of solidarity
- magicloop 4y agoMeta is undergoing a standard phase transition. It was innovation fuelled previously, but now it is value fuelled (milk the existing machine, take care of regulators, be part of the establishment). Intel and IBM are similar examples. So Zuckerberg, to prevent this, has the right strategy - the pirates inside the organisation strategy. Jobs did this with the Mac project. The question mark really is whether the Metaverse can deliver to take over from the Social Media platforms it has. Even if you accept the promise of Metaverse, according to Carmack the execution has been poor. Normally you just buy your way out with promising startups when execution is poor but the regulators will be heavy with Meta nowadays. Meta has star power with AI/ML. But on Metaverse there isn't much consumer data to process (yet). So its innovation vector can't be realised. This effectively means the stars of AI/ML won't help Meta into the future. If they leave, it could be a good thing (if we are taking the value-fuelled hypothesis as their future). Meta I think will switch to a MBA-led approach to maximise existing value, shed its research aspirations, and switch to hiring the best mechanical/devices/hardware talent it can to improve execution on Metaverse. Under this appraisal of Meta, broad and wide layoffs, letting the superstars go is the right thing for the company. Unlocked from Meta, those engineers will forge the next great wave of tech companies. The future will be made over the next few months as those start-up fevered ideas will actually get a footing. So I am most hopeful despite the bitter pill of current economic realities. In the short term there is real pain, particularly those relying on visas or the generous healthcare provisions from the company.
- XiZhao 4y agoThis is a great take on Meta -- in some ways there's an element of macro justice or a return to form in tech and innovation with this shift.
- MikeTheRocker 4y agoI don't disagree with anything you've said here, but I can't help but feel this reads like a monologue from a supervillain who feels righteous in burning the world down because they believe something greater will rise from the ashes.
- jillesvangurp 4y ago
- swlkr 4y agoThis feels like they spent a lot of money on the metaverse, it didn't work out, so now they're raising money by doing layoffs
- AlbertCory 4y agoThis is the 4th layoff announcement on which I've tried our Buzzword Bingo app: https://1fish2.github.io/buzzword-bingo/corp-bingo.html https://1fish2.github.io/buzzword-bingo/corp-bingo.html and still nothing! I think we need a new set of buzzwords.
- Rafuino 4y agoGood luck getting anyone to do any work while they wait for the news on whether they're axed over the next 1-2 months (or up to the end of the year!). These trickling layoffs absolutely kill morale. Do it all at once, seriously.
- sytelus 4y agoThis idea of doing layoffs and then using it to fund stock buybacks is really catching on. We should call this “double booster” for stock prices even when company is clearly failing.
- deleted 4y ago[deleted]
- swellguy 4y ago"I don't know what I'm doing, but I will figure it out in a transitory future period" Does Jerome Powell run FB?
- scirocco 4y agoTheir website looks like a poorly designed lifestyle blog
- bilekas 4y agoThis whole schpeel has actually put me in a horrible mood. I don't even have a FB account but every second line here is full of the type of gaslighting and bizspeak BS that absolutely nobody appreciates. > We do this with AI to help you creatively express yourself and discover new content. You mean destroy adolescent growing minds with more and more addictive short burst content from advertisers. > but with many new teams it takes intentional focus to make sure our company remains primarily technologists. So goodbye ethics councils, any semblance of internal discussion over our impact on the world. > Profitability enables innovation. Because investors LOVE taking risks on `innovation` during a downturn. /s More like they will push harder the methods which make their bonus'. Facebook/Meta has provided nothing beneficial long term, to the world. Let it burn.
- jacobsenscott 4y agoLooks like Zuck has totally lost touch if he thinks the high priority projects are "metaverse" and "ai" related. At this point FB is just his passion project.
- bastardoperator 4y agoHow many companies are going to copy meta?
- williamsmj 4y agoThe most interesting bit of this letter to me is this one: "Our early analysis of performance data suggests that engineers who either joined Meta in-person and then transferred to remote or remained in-person performed better on average than people who joined remotely. This analysis also shows that engineers earlier in their career perform better on average when they work in-person with teammates at least three days a week."
- lubesGordi 4y agoHard to wrap my head around 10k people. Just how big is Meta? The email talks a lot about eliminating layers of management, does that mean most of the layoffs will be managers?
- kyledrake 4y agoZuck should lay himself off, he's directly responsible for most of the problems the company is having right now. He endlessly makes the wrong choices for the company on privacy, UX, staffing and decides to do a botched pivot to VR instead of trying to improve any of that. He has lost the trust of his users and someone new needs to focus on restoring that as a precondition for anything else they do being successful. Facebook isn't Civ 5 (one of his favorite games) but he operates it like it is, and if he keeps treating FB like a video game full of NPCs he'll have plenty of time for the next Civ game.
- julius 4y agoHow do they have sooo many employees. They are running a few websites and a bunch of apps. I can understand how they would need a hundred people for that. They have a massive userbase. So I can understand how they would need a thousand people just to deal with tech at scale and support. But how do you manage to have so many people that you can fire 10k ?! If I googled well, they appear to have 72k employees. Where did you find the management that thought having 72k employees is reasonable to operate a bunch of websites and apps ?!
- janalsncm 4y agoIt would probably be considered uncouth to send Macroeconomic Changes Have Made It Impossible For Me To Want To Pay You, but in a way it's at least an honest, non-corporate ipsum explanation. It's also much more fun to read. https://www.mcsweeneys.net/articles/macroeconomic-changes-have-made-it-impossible-for-me-to-want-to-pay-you https://www.mcsweeneys.net/articles/macroeconomic-changes-ha...
- djha-skin 4y ago> Our early analysis of performance data suggests that engineers who either joined Meta in-person and then transferred to remote or remained in-person performed better on average than people who joined remotely. This analysis also shows that engineers earlier in their career perform better on average when they work in-person with teammates at least three days a week. This requires further study, but our hypothesis is that it is still easier to build trust in person and that those relationships help us work more effectively. Realizing that this is an unpopular opinion, in person work is better for the business. Business decisions are being made around encouraging in person work, because relationships help at work.
- adamwong246 4y agoTherein lies the fundamental contradiction- Meta does not want it's own workers to work remotely, but they want to sell a product predicated on living remotely. They want their workers enthralled in real-life AND in the metaverse. IRL, they want their workers in their cubes and in the metaverse, in a different cage but a cage nonetheless. I'm not sure if anyone at Meta understand that very few humans, outside of Meta stakeholders, want this company to continue to exist.
- testfoobar 4y agoSorry for the ones losing their jobs. Meta has been mismanaged for the past few years. Focusing on Metaverse while TikTok is continuing to increase user engagement is senseless. If I were Zuck, I would do three things: 0) Wind down Metaverse investment. Throw it back into research. Kill the product. Take the loss. He has controlling interest in the stock so he probably gets a few mulligans. So long as he presents a competent forward looking strategy, I think the investor base will still give him a few more chances. 1) Narcissism 2.0 or really, Instagram 2.0 - Merge Instagram with Reels. This is hard. The experience/monetization/product has to be just right to not cannibalize existing instagram advertising revenue or user traction. It would be easy to fall down the multiple message app mess at Google. The benefit of merging is to own the best global platform for every narcissistic creator on the planet - from movie stars to your dog. Advertisers want eyeballs. Narcissists want eyeballs, some want money. Truly understand why creators are on TikTok and entice them back to a better Facebook property. 2) Lobby to get TikTok banned. If Zuck can't defeat TikTok on product development then he can get it banned. Spend dollars lobbying politicians and demand results. I think Zuck still has a number of winning plays available to him.
- jahlove 4y ago> Merge Instagram with Reels Are reels not already integrated into instagram?
- testfoobar 4y agoThe experience is messy. It is neither fish nor fowl. The blending needs a deep rethink and redesign.
- nerdo 4y agoThe real winning play is #2. Zuckerberg should more aggressively push for hate speech legislation to permanently shut down the Internet at large. Users should have to get a license from the DMV to post, for $35 renew in-person at DMV office or AAA. They can also opt for a RealInternetID for $50 that has more security features. Also unlimited privacy violation, logging and tracking with zero recourse for users.
- monksy 4y agoSo when are we going to finally recognize Meta as a failed/failing business? Laying off 10k employees for funies (after the prior layoffs) isn't exactly a great reflection on the business org in a long term view or that their financials are stable.
- steve76 4y ago[dead]
- floatinglotus 4y agoMakes sense, they haven’t had a CEO for a while now. When was the last time Zuck went into the office? 6 months?
- deleted 4y ago[deleted]
- iancmceachern 4y agoThey're never going to be able to hire top talent again. They're IBM now.
- dgs_sgd 4y agoA lot of snippets in here that feel like Mark is stating some uncomfortable truths for many who have enjoyed the world of tech during the low interest rate environment. "In person work is more effective" > Our early analysis of performance data suggests that engineers who either joined Meta in-person and then transferred to remote or remained in-person performed better on average than people who joined remotely "To remain a company that values tech we must lower the influence of people who don't value it" > As we’ve grown, we’ve hired many leading experts in areas outside engineering. This helps us build better products, but with many new teams it takes intentional focus to make sure our company remains primarily technologists.
- fxleach 4y agoIf you take the stance that in-person work is more effective (an "uncomfortable truth" as you call it), then it would seem to reason that engineers who transferred to remote work would see a decrease in performance, but that is not the case as you also mention. It seems like the real issue may be the hiring process between remote and in-person engineers, or biases in evaluating in-person vs. remote engineers.
- dgs_sgd 4y agoThe real issue may be one of the ones you mentioned. It could also be that employees who spend at least some significant time in person are more effective than those who are and always were fully remote.
- jmholla 4y agoI wonder if they considered the fact that most of the people they hired remote were hired during COVID.
- communism 4y agoThat's the reason we should nationalize facebook. Indeed, all the problems are coming from managers. We should better elect them and establish communism. Also, meta should make a clip with people dancing and singing and how great it is to be fired from FB.
- mv4 4y agoRe: "As part of this, we will ask many managers to become individual contributors." Only the best managers will survive this.
- _the_inflator 4y agoIt is so ironic, that Facebook, the once sponsor of gems like Farmville to playfully interact with people and fostering discussions around lunch photos, totally lost sight of community building. While today everybody wants to integrate GPT-4 into a customer facing app to increase community interaction and value to the customer, the company famous for its social graph has nothing to offer to foster integration or community building. Even bing, the somewhat competitor now finally is the new shiny object and a direct thread to Google. While Meta still wants to build its Metaverse, people immerse into everything that gets connected to GPT-4. GPT-4 is the real metaverse. Ironic. Somewhat.
- awinter-py 4y agometa is building the future of human connection, and as every student of neuroscience and brain development knows, sometimes in order to connect you also have to dis connect. in this essay I
- deleted 4y ago[deleted]
- jmull 4y agoThis seems focused on making meta a more efficient organization that can execute faster and react more quickly. So that's good for the company if it's done well. But even so, I see further problems for meta. It's just not clear how the metaverse becomes something at the scale meta needs it to be to justify the R&D or to make an impact on its business. To me it looks like a technology really takes off when it gives people a lighter-weight way to communicate and connect. The telephone takes off compared to writing letters because it is a much easier, more immediate way to tell people about things. Messaging takes off relative to calling people on the telephone because it's an easier, more immediate way to tell people about things. Social media, including Facebook take off relative to hanging out because it an easier more immediate way to tell people about things. The new thing doesn't necessarily need to replace the old thing, it just needs to open up a new, easier, more immediate way for people to tell people about things. The best I see is if meta can make itself the gatekeeper of the de facto standard platform for VR games/entertainment. That's potentially a pretty big business -- because maybe VR can take over AAA content and shows. But is it really big enough to sustain meta? (It seems far from certain they would end up in such an advantageous position, but Oculus is a good start.)
- deleted 4y ago[deleted]
- rejectfinite 4y agoFrom a quick scan this looks great to me. Cut the middle managers, useless diversity teams, focus on tech and engineering. Hope they build something great again.
- nothrowaways 4y agoWhat is going on, is meta shutting down?
- black_13 4y ago[dead]
- stickyNotes188 4y agodoes anyone know the rates of re-hiring at startups and smaller tech companies of all these big tech firms that overhired? in particular for software engineers. wondering the impact of the recession based on the scale of the company
- deleted 4y ago[deleted]
- mian56a 4y ago[dead]
- donkey-hotei 4y agoI hope there's a good plan for deleting all of the dead code that will be left to rot. It has to be immense.
- Slava_Propanei 4y ago[dead]
- smooke 4y agohttps://hackernoon.com/update-on-instagrams-year-of-autonomy https://hackernoon.com/update-on-instagrams-year-of-autonomy