Compensation is the biggest pro. Also, unlike other hire to fire companies (most tech companies at this point in 2024), you at least have a chance to prove yourself and are given a couple months to onboard. There are worse tech companies out there such as Amazon and Intuit, but Meta’s culture is still quite terrible. They try and justify the long hours and stress with how much you can make - Meta still pays more than any other major tech company, even in 2024, which is definitely a pro, but the culture is cutthroat and you can’t trust anyone. It would probably be easier to work two remote jobs at “less prestigious” tech or tech adjacent companies to make the same amount at Meta with more stability, better WLB, and less drama.
Pretty much the same as what one would experience at most tech companies in 2024. But some aspects are better or worse than others. Long hours. WLB is highly team dependent. Apparently Meta used to be a lot better in this regard, but now not so much. It is intense, but if you have startup experience, it is at least less intense than that. And again, it is more fair than a place like Amazon. Office politics are a thing at all tech companies, but a little more extreme at Meta. Blame and shame culture is big. People are snakes and are prepared to throw even the newest and most vulnerable employees under the bus to save their own skins. This makes things quite unfair, but as long as you’re proactive and document everything thoroughly, you’re at least given a chance to refute these attacks. A lot of gossip and backstabbing. This is separate from and still related to PSC culture, which everyone complains about. Management is terrible overall. Sometimes there is micromanagement. One of the few companies where it’s possible you’ll have a manager younger than you, even if you’re only 27-31ish. Often ICs seem to be held accountable for things that are way beyond their day-to-day scope - basically things that are ultimately the fault of leadership and management. Management frequently tries to pin things on their employees. Your manager is often trying to screw you, and if they can’t find a way, they are often trying to invent things you did wrong. This isn’t a dealbreaker because as long as you’re doing your job, it is easy to refute, but it creates a ton of work because you have to be extremely well-organized and have documented every interaction with your manager colleagues. I recommend studying employment law / consulting with an employment lawyer early on in your tenure at Meta, so you know what to look for. Because it is a massive tech company, you are there to please your manager and make them look good, so you need to do pretty much whatever they say. there’s a lot of internal conflict because it’s very authoritarian, also fairly draconian, and it’s bottoms up at the same time, every man for themselves. Do everything your manager says and it is somehow still all up to you as an individual employee to make the company successful. To top it all off, your colleagues suck too. People brag about work that YOU did as being THEIR work that THEY did if it is successful. If a project involving multiple people is so much as an hour late, then YOU are blamed, even if you had nothing to do with the lateness. The lateness itself isn’t really the problem because guess what? It’s not anything is broken. Except for when things do break and the whole app crashes for a day because everyone is forced to focus on office politics instead of their actual work. it’s not really about the value you create, so much as it is the PERCEIVED value you create and whether or not your manager likes you. Ergo, a lot of bootlicking charlatans make it to the top.
Guys what are you doing with your FB stocks? Down almost 8% today. Companies starting to pull their ads. Yesterday Verizon, Unilever today said no more ads till end of the year. Is this going to create a chain reaction? Edits: Honda, Coca-Cola and Hershey also joined the boycott. Diageo Starbucks...Read more
It just keeps going up when everything is down ? What is it that zuck is doing so well? TC 330k
AMA. Sold everything and bought puts. I’m in about 300k worth of puts right now and sold all my shares for cash. I literally can’t wait to win and get rich while everyone else loses lmfao. It’s pathetic to see how dumb even tech employees are not realizing they’re in a bubble. Watch these same empl...Read more
Apple removes WhatsApp, Threads from it’s AppStore in China following an order from the country’s internet watchdog which cited national security concerns. #meta folks sell your RSUs ASAP. Save yourselves from stock dip Source: https://www.cnn.com/2024/04/19/tech/china-apple-whatspp-threads-remova...Read more
Their hardware is gonna fail or slow down and miss the window because one of their hardware analysis/research directors is burning the ship. Multiple folks are leaving, about to leave, or desperately trying to leave. Filing cases with HR and speaking to the VP hasn’t led to changes. One is even bui...Read more
Many were predicting doomsday for Meta stock and company. Couple of people from Google were very confident that Meta will hit 50$. But Meta has recovered fast and is already in the 210 range. My prediction without any internal information is that Meta will reach 250$ price by Q1 or max by Q2 result...Read more
... I sold my vests in August and November. Moved the money to the Indian Mutual Fund (tax free). They have given me 36% since then... Looks like a race to me
Geez … to give some credit , meta has done some great stuff , amazed by their recent machine learning achievement… the stock fall is so brutal . The biggest problem is that they hired so many non-business-sense , non-real-problem-solving , very-cocky-high-pay-young-leecode monkeys .. they really ne...Read more
For those of you (eng) who’ve been at Facebook / Google for more than a year, did you receive a stock refresh at your first year mark?
Can someone explain why meta stock is going up, it just does not make sense, the Instagram and Facebook are not popular anymore. I understand they have invested so much on GenAI. But is this the reason? Why market is reacting so much to that? TC: 300k
What is the annual stock refresher amount for E4 at Facebook? For MA rating? For Exceeds?
I am considering joining meta and have an IC4 offer from them but trying to understand the refresher policy. Does Meta give stock refreshers to employees who joined in the same year. Example if I join in April would i be eligible for stock refreshers in december?
It means it’s no longer going to have exciting ups and downs. $META will become a sleeper stock.
Will Meta ever recover from the current dip? Does it make sense to buy the dip now or wait till Q1 2023?
Do you get annual stock refresh during your first 3-4 years at these companies while you still have sign on RSU grant vesting?
I am not here to defend Meta. I have been seeing these posts where people are asking or creating posts if Meta is dead or if it’s okay to join meta. Folks you are putting way too much emphasis on RSUs and TC. I think it is not a healthy choice in long term. Especially you interns. Don’t forget Me...Read more
Hi FBer, What you feel about the stock price prediction in next 1 yr. Will it rebound or keep tanking recently? Do you have confidence that Metaverse could bring the company out from such terrible stock price? TC: 178K #fb #meta