Looks like META is planning broader layoffs and putting downward pressure on performance reviews. Best friend’s manager told him that he will fight for meets expectations (mid) but it could be meets most (next step down). Anyone in the PSC process know if it’s true that there’s active grade deflation like this article suggests? Et tu META??? https://stocks.apple.com/AnHvwLDm0QCOM42QBwUdtmQ TC: 400k #meta #layoffs
Sounds like normal Meta in the past few years to me, the same thing happened last year with the first giant layoff
Performance calibrations are brutal this year If managers don't label some meets most they will get labeled to meet org distribution requirements People say it is correction from lower pandemic hiring bar
Those H100s are not going to pay for themselves!
You could TOTALLY get away with a shipload of 4090s. Next Level Offshoring. Guess you could say its the...new Meta :D
Gpus don't slack off. I got 2 4090s running full tilt on thy regular
Of course, TPM cut will spread to other orgs. PMs cut will follow, there are a bunch of PMs coasting and taking vacations all the time.
The hottest TikToks are “a day as a PM at Meta” 🙄
Will Riley Rojas get the cull this time?
Can someone post the article without paywall?
Following
Lizard man wants h100 to build spaceship to get back to his planet
This is clear that all big tech are going to put a lot of money in AI. They need money to do it. Easy budget win is to get rid of all people involved in the projects that do not bring profit or they are not the future. Core business teams are safe but the rest…
Stop making up narratives and repeating what some random junior manager probably said. 1. The recommended rating distribution is known and hasn't changed since last year. 2. The shared article is completely unrelated - it's not broad and there is no "deflation". They just decided in IG to eliminate the TPM function and replace them with PMs (a different role). Meta is hiring (slowly), it runs hard performance cycles (like always) and it executes on localized org efficiency optimizations (elevated vs normal, but nothing crazy)
Feels like all the new hires who didnt experience pre-covid facebook are here to moan.
Lmao bootlicker are you even attending calibrations? They suck this year.
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Didn’t you see Mark’s video? They are 100xing their NVIDIA AI Hardware That needs money
Brutal
Hey Zuck will play with AI hype doing nothing but layoff