In any case, if I don't get cut, I'll do my best to find my way out of here as soon as possible. How demanding has your job become? The demands I'm often facing are unrealistic, to say the least. The manager is trying to make me feel miserable... — read more
Big cuts coming
https://www.cnbc.com/2022/09/21/meta-looks-to-cut-costs-by-10percent-or-more-over-next-few-months-report.html
Almost 100 Facebook janitors laid off as Silicon Valley service-worker cuts continue
https://www.marketwatch.com/story/almost-100-facebook-janitors-laid-off-as-silicon-valleys-dreaded-service-worker-cuts-continue-11663369588
Leaving Meta for a startup
Did anybody here leave a big tech company for a startup? How did it go? Any regrets? I got an amazing offer and I'm considering it, especially with layoffs still looming at Meta. The startup is promising and there's a realistic chance it'll go public... — read more
Facebook spied on private messages of Americans who questioned 2020 election
https://nypost.com/2022/09/14/facebook-spied-on-private-messages-of-americans-who-questioned-2020-election/
Recommendation: Time to dump meta stock - DIVE, DIVE, DIVE!!
https://seekingalpha.com/article/4539389-metas-metaverse-may-not-work-out
Five different types of bad bosses
https://www.cnbc.com/2022/09/09/harvard-expert-bill-george-how-to-identify-avoid-toxic-bosses.html George’s book looks at five different types of bad bosses. Zuckerberg falls into not one but three of those categories. He has become a loner who... — read more
No more responsible innovation at Meta?
Meta dissolved one of its significant teams from its workforce and is the "Responsible Innovation" team which acts as overseers of its products and developments from within the company. The team's removal is a part of the company layoffs that Meta is... — read more
Meta Dissolves ‘Responsible Innovation’ Team—Layoffs for Employees Ahead of VR Event
Meta dissolved one of its significant teams from its workforce and is the "Responsible Innovation" team which acts as overseers of its products and developments from within the company. The team's removal is a part of the company layoffs that Meta is... — read more
Zuck on Joe Rogan podcast
If Zuckerberg’s latest marketing efforts seem amusing and self-defeating, they also show just how badly the company has flubbed its pivot into the metaverse Here are some details Zuckerberg said that, personally, he doesn’t watch TV, except for... — read more
WTF did LG post today?
What does "increased intensity" mean? I have been working around the clock with a terrible WLB for the past 12 months. What am I supposed to do now? I am so demoralized and tired. Seriously thinking about leaving.
Heard an exec call recently....
We're in some deep trouble. The finances of the company suck now and look worse for the foreseeable future.
A bloated company - Company went from 42k employees in 2019 to 83k in 2022
In what metaverse can you justify doubling the size by this amount while you income from ads is dropping massive layoffs coming soon to a theater near you.
Meta's problems
The age problem If you have children, you’ve probably noticed that they prefer other social media platforms. To many of them, Facebook is for older people — which is not exactly a recipe for growth. Helen Lewis of The Atlantic, among others, has... — read more
layoff is "Random by Algorithm"?
You really believe it is an algorithm to pick who to let go? Or maybe AI chosen? Good luck to all. https://nypost.com/2022/08/19/facebook-parent-meta-lays-off-60-workers-at-random-using-algorithm-report/
Facebook employees expecting layoffs (link)
https://www.businessinsider.com/meta-facebook-employees-expect-layoffs-2022-7
Javier Olivan is Facebook's new $35 million man
It's funny how we don't have money to keep regular employees but there's $35 million available for this guy (and yes, I know it's RSUs but that doesn't change anything). How much is Javier Olivan, Meta's new COO... — read more
Stayed here too long
I should have quit a long time ago and I deeply regret that I didn't. Anyone else? The job market is not so great right now.
Will you get notification of layoffs - read the warn act explanation - link provided
Send it to your colleagues. Good to learn about WARN Act and your rights as an employee. W.A.R.N. Act - very good explanation including remote workers Contact HR and have them explain it to you if you are not clear about it. This is their job to... — read more
New hashtag
#techlayoffs So all the tech layoffs are easily found.
I work with the leadership team...
...and things aren't great. It's way worse on the inside than what's being reported and Mark's lost. There are some weird dynamics between Javier and Nick.
Ax falls early September
My girlfriend works in HR. She said the list has about 7800 names and still growing. She said they are currently evaluating if the cuts are equitable. That Age, race, s-x were not biased. Good luck all it’s going to be a blood bath
Zuck is RIGHT!
If you don't like it here, you can leave! You see, Zuck is laser focused on the meta verse, so get with the program! It will bring in tons of money some day!
Walmart layoffs are sign to come
Walmart is expecting layoffs. Walmart actually serves a function. Meta has a reincarnated MySpace, and the "metaverse" that is a money sink so far. I'm jumping ship!
Meta selling bonds
In a high interest, high inflation market, this is not the time to be doing your first ever bond sale. https://www.marketwatch.com/amp/story/facebook-parent-meta-platforms-explores-first-ever-sale-of-corporate-bonds-report-2022-08-03
Robinhood axes 25%, are we at Meta safe?
https://www.theverge.com/2022/8/2/23289369/robinhood-fires-23-percent-staff-second-round-layoffs
Oracle falls, Meta next
Oracle cutting $1B of payroll. It is my belief that Meta is next. With Oracle making the first move, struggling SV firms will move ahead.
Out of here!
Just signed an offer to work at Google, working in tech infrastructure. Handed in my two week notice to Meta today. Only about three weeks since my virtual interviews. I'm beyond relieved to not have to be looking over my shoulder every day for a... — read more
Stop down-voting your concerned colleagues
I'm shocked that anyone is down-voting posts and comments from colleagues who are rightly concerned about their future employment. If you are a fellow Meta worker who is down-voting, grow some empathy -- and maybe a pair of eyes to see what is going... — read more
Will Legal face layoff?
I have former colleagues working as Data Scientist, Legal at Facebook. Hope they won’t be impacted.
It isn't safe here any longer
Is anyone interviewing at Google? Honestly considering the jump. I'd rather be in control of my destiny.
Ad Demand Dips Continue (this is where the pain will come this year)
Per the earnings report published today: “continuation of the weak advertising demand environment we experienced throughout the second quarter, which we believe is being driven by broader macroeconomic uncertainty.”
More Meta Layoffs Hype (Bus Insider 7/26/2022)
https://www.businessinsider.com/meta-facebook-employees-expect-layoffs-2022-7
Poorly run company
I'm not saying that the company doesn't have any issues, but I still enjoy my job here and I care about keeping it. I would like to have a serious discussion why some people think that Meta is a poorly run company?
Moving for Meta
How safe is it to move for Meta at this point? A while ago I started considering transferring to another team in another state (I'm single and I rent, so it's not that big of a deal) but with what's been going on, I'm starting to think that it might... — read more
Do you honestly think only the low performers will be affected?
That's incredibly naive if you ask me. Meta wants to cut costs. The easiest way to do that without disrupting work too much is to get rid of the people who earn more and replace them with new hires who earn less. Usually, those who earn the most have... — read more
He made a mistake, you have to go.
This is why I am the boss.