So Mark Zuckerberg just posted this https://about.fb.com/news/2023/03/mark-zuckerberg-meta-year-of-efficiency/ I think its a very interesting write up and worth noting they will lift hiring freezes once the reorganization is done. Otherwise what are some examples of low priority teams at Meta and what are high priority teams? #meta #google #microsoft #faang #layoffs #hiring
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L4 Google -> 45 interviews, 5 offers, AMA
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What happens when most of your team is Indian?
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Why doesn't OpenAI offshore and reduce expense by 80%
OP you know public companies can’t play gossip games. It’s all disclosed and documented information with all the regulatory agencies. Wall St isn’t as dumb as you feel!
Wow... so 2008 happened because Wall Street is full of geniuses? :-)
2008 happened because the geniuses didn't care
Is meta doing RTO thing?
Nah
It actually sounds like they are about to be RTO from Zuck’s letter.
Probably anything not core product or generative AI. I think they are trying to pivot away from the Metaverse stuff.
Not true, you should read again the post, he mentioned AI, Metaverse, apps.
Maybe not pivot away but not make it a core priority and cut capex related to r&d on that specifically. I doubt they spend the same amount on that as they did last year. It seems like he wants to be the leader in generative ai according to the last earnings call.
The title screams arrogance
Maybe more like desperation.
Lmao I like how he basically invalidated the meta quest pro, I wonder if they have internal data showing how it effects developer productivity
Leaner is better Flatter is faster
??
RTO hinted for Meta? right under all the efficiency stuff
I think they are going to push more of it especially for junior engineers
They ll have to push for it for everyone. No point in having junior engineers in the office if there aren’t senior folks around.
What teams are gonna get affected on the business side?
All lmao
Applause to zuck for grinding manager’s a$$es and making them contribute more.
This. Also he wants to trash the middle management
High priority: exec suite Low priority: everyone else
Applies to google more than Meta
Trust me folks as per my sources Zuck is speaking what Wall Street wants to hear in reality he is not firing and hiring will start in q3
Source - “trust me bro”
Yeah that’s not how it works and they’d be in trouble if he was manipulating the market