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In my opinion, they should rip off the bandaid and conduct one big round of layoffs. While I understand that gradual layoffs are less risky and easier for the
by pc_edwin 4y ago
In my opinion, they should rip off the bandaid and conduct one big round of layoffs.
While I understand that gradual layoffs are less risky and easier for the organization to absorb, it seems short-sighted.
Delaying the inevitable will only cause more pain and damage in the long term.
- nickpeterson 4y agoYou could argue twitter did that, how’s that going?
- s1artibartfast 4y agoFine?
- pc_edwin 4y agoGiven the sensitivity of this topic, I will refrain from sharing my (colorful) opinions and maintain a professional tone to avoid scrutiny or censure. If the objective is to boost efficiency and reduce expenses while minimizing negative impacts on the product, one can establish metrics to evaluate the outcome. By examining metrics such as feature velocity, revenue, SRE, and usage, I believe you'll find the answer to your question.
- baby 4y agoThat’s a comment that says nothing if I’ve seen one.
- loeg 4y agoThe last one was supposed to be that one big round.
- pc_edwin 4y agoIn 2019, Facebook had 44k employees but by 2022 that number had more than doubled to 86k. Even with the current layoffs, they will only be back to 2021 levels. It could be argued that it's reasonable to aim for pre-pandemic employee levels, given the drop in valuation, post-pandemic revenue decrease, and the significant loss in revenue from Apple's privacy changes. This is just speculation and should be taken with a grain of salt. To achieve pre-pandemic employee levels, Facebook would need to cut an additional 20K employees.