I joined meta today and found many employees joining back who were laid off in Nov. So, was laid off only for optics to calm investors #layoff #meta
Zuck is a genius, he gave a bunch of metamates bonuses in the form of severance packages while pleasing the board and investors at the same time.
I joined again today as a former Fb employee too but was not part of lay offs. I left before that.
TC when leaving and now?
And at every year in your career as well
Lol are they hiring back at a lower comp?
I was told that within a year it’s the same comp.
What roles are being hired back?
They fired to retain diversity to avoid backlash Now they can fire for performance so they are getting the rockstars back
Do you have a source or anything to back this up or is this just speculation? It sounds like you’re saying all the diverse employees are underperforming and the rockstars weren’t diverse.
My source is a Director He was asked for a list last sep He gave based on stack ranking. HR came back and said that won’t work. will screw up their diversity numbers But they were laying off very early so had to be a little woke Now that floodgates are opened they don’t feel guilty laying on performance
Either this is complete BS or you have a very liberal definition of “many”
37 out of 131 which is 30 percent
What team? This is extremely rare across meta; not 1% of those laid off have been hired back overall.
Oh wow? Were you also part of Nov layoff that got hired back? How does that happen? Did those people apply for a job or was just directly approached by the recruiter and were presented an offer?
Nope, I joined from Amazon. There was nho group and coordinator welcomed back many boomerang
Contract/CW role or FTE?
So severance and joining bonus 😂
Metamates who rejoined, did you get both?
I thought severance gets clawed back if you rejoin