Meta didn’t fail. Look around you, at other organizations, and the market in general. There is no leadership error. This is simply a cycle of survival. If you are let go from your job, it does not mean you are an underperformer. Take nothing... — read more
Feeling underpaid?
When I compare how much I'm paid here and how much more those who went to other companies are paid now, I secretly wish to end up on the layoff list. I know of some people who got not only a 30 percent increase after they left, but now they have... — read more
Time to look around
This is no longer the company I used to love working for. I think the brain drain will soon become a real issue here? The best ones I had the opportunity to work with have already left.
I wish they would get it over with
The anticipation and stressing that comes from it is worse than knowing. If I found out I was let go I could move on. It wouldn't be ideal but at least I'd know what to do next. Just waiting and worrying achieves nothing other than putting a strain... — read more
If we're getting rid of poor performers
Does that mean Zuckerberg will be the first one to go? I can't think of one person with a poorer performance record in the last several years than him. Or does the performance only apply to us peons and not those on top who got us into this mess in... — read more
Meta and Rescinding of Job Offers
I was going to join Facebook/Meta back in July but things got complicated due to my immigration status, anyhow, my start date was changed and I am scheduled to start in late September. I have been following all the chatter on mass PIPs and possible... — read more
Business model
I came across someone's comment that Meta is dying and that this business model is not working. I have a divided opinion about it, but I would like to hear yours?
https://www.washingtonpost.com/technology/2022/07/11/facebook-tells-low-performers-to-go/
https://www.washingtonpost.com/technology/2022/07/11/facebook-tells-low-performers-to-go/
I don't understand why we are still hiring
If we need to slash the number of employees, then why are we still hiring? I know for a fact people are still interviewing and being extended offers. A complete hiring freeze would make more sense than bringing on new people just to get rid of some... — read more
How many will be laid off?
I had a premonition that there would be layoffs. Is there any information on how many people will be affected?
The job market is still hot
Don't listen to alarmists who are focusing on recent tech layoffs as proof of doom and gloom in our industry. I've been looking at available jobs in the past few weeks and there are still plenty of good options, including a bunch of fully remote... — read more
Hired six months ago
What are my chances of being laid off?
Facebook tells managers low performers don’t belong in leaked memo
Facebook is instructing its engineering managers to identify and weed out their lowest-performing employees as the company seeks to rein in costs during an economic downturn in the long-booming tech... — read more
Layoff rumors
Looks like Monday might be the day layoffs will start at Meta. I've heard and read about this in too many places to just ignore it. I wish there was somebody who knows more about what we can expect and who'd be willing to share it with us. Not... — read more
Has anybody here survived a PIP before?
I know this round will be even harder, but I'm wondering if it's even possible to survive being put on a PIP in normal circumstances? I've asked around, but nobody I know has been through anything similar. Maybe somebody here will be willing to share... — read more
How is employee morale these days?
I left Facebook while it was still Facebook and everybody called me crazy at the time. I didn't care, I could see what was coming. I took a job that pays less but I've been much happier since. I do feel for my old coworkers. I wonder how bad the... — read more
Layoffs would be a better option
If there are layoffs, there will be very few. What we will see is a whole bunch of people being put on PIPs which are all but impossible to pass. So instead of paying people severance, employees will find themselves fired for "poor performance" or... — read more
I won't lie, this is a sight for sore eyes
Richest Billionaires Lose $1.4 Trillion in Worst Half Ever Musk, Bezos, Zuckerberg among those with steepest wealth drops Global stock markets plunge as central banks fight... — read more
Who should be worried the most?
Which areas will be primary targets for cuts?
A thousand times this
Don't quit on your own. Let them lay you off, then you will get a package. Zuck-a-buck does not want to pay a severance package to anyone. His net worth has been cut in half due to stock nosediving. Stay put till the end. Maybe show up at the office... — read more
Layoffs are coming
When Zuckerberg openly admits that the company is experiencing "one of the worst downturns in recent history," then you know things are about to turn bad. The reduction in planned hirings of engineers is only the start. Any areas that are not... — read more
Meta investigates Sandberg's conduct
https://www.linkedin.com/news/story/meta-investigating-sandbergs-conduct-4821745/ Uh-oh.. it started finally..
Rescinded a job offer today
I had been interviewing the last couple of weeks and received an offer just this week, was during the negotiations phase with them around compensation and had it rescinded today, they stated they were freezing hiring and reevaluating their workforce — read more
Raising minimum wage
I worked as a contractor and I would not wish my experience on anyone. Raising the minimum wage for all U.S. contract workers were an expected move, but how satisfying is it given the rise in the cost of living?
FYI: already accepted Meta offers are still being honored
So, do not worry. Already accepted Meta offers are still being honored!
Reality Labs Layoffs
Do you think there will be layoffs at Reality Labs? If yes, how many?
I have the distinct feeling that Meta is the new Yahoo
Prove me that I am wrong.. I was bleeding purple and now blue..
What month will layoffs occur?
I know that no one knows for sure, but perhaps someone has a little more detailed insight when layoffs could happen. Someone here said it probably wouldn't be before June. I try not to worry in advance, but it’s always good to be prepared. — read more
I'm having trouble believing the "not planning layoffs" part
Facebook-owner Meta is reportedly cutting several projects from its Reality Labs division, which houses the company’s hardware and metaverse initiatives, according to Reuters. It is currently unknown which projects will be scrapped, though Meta... — read more
Facebook's new hiring freeze and stock slump has some insiders concerned that layoffs are coming
https://www.businessinsider.com/facebook-meta-insiders-concerned-layoffs-are-coming-hiring-freeze-2022-5
Layoffs at Meta and Facebook - great...
I could not happen to a better group of people. You all must check your morals at the door to draw a paycheck for Meta - Facebook!
Meta CW layoffs?
Is it true that Contract Workers (CWs) are being laid off this week? What does it mean for the employees?
HR Layoffs at Meta
Is this round of layoffs going to affect people who are in HR? If yes, do you know how deep will the cut go? BTW, the cuts have started already.
Meta Layoffs
Heard from a D1 at Facebook that Facebook will layoff ~12% of its staff. He stated that slowing growth and declining users especially in core Facebook platform is accelerating.
I feel exhausted
This was my dream job. I am still happy with the compensation for my work, but I feel too exhausted. Lately I've been thinking if it's worth dealing with so much stress?
Company morale
How’s the company morale after these recent stock dips and recession talk? Is it safe for new joiners?
Company deteriorating
RIP. They have started hiring a lot of indian recruiters who are absolutely corrupt. East coast locations like ATL are horrible work environments where employees get nothing important done. It's over. I'm so glad I left last year. Politics are... — read more
Peter Thiel is gone
https://www.wsj.com/articles/peter-thiel-to-step-down-from-facebook-parent-metas-board-11644268545
How many lost jobs will this mean?
You don't lose that much money in one day and not do something drastic to appease the shareholders. You just don't. I'm thinking we'll be hearing about major layoffs soon since that's the quickest way to make significant cost cuts. I'll be shocked if... — read more
$230 million loss. Still trust the CEO?
My bad...$230 BILLION...what's the difference between a bunch of grifters?