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Many people laid off by Meta over the last several months are getting offers to rejoin the company. In recent weeks, the company formerly known as Facebook has slowly started to pick up the pace of hiring, particularly for engineering and technical roles. Any worker who was laid off from Meta since November has been allowed to reapply for available jobs, typically through a specific "alumni portal." One person who was rehired at Meta said he accepted a roughly 10% pay cut in total compensation, despite being hired at the same level as his previous job. Yet, the person expects to hit their previous compensation within a year, given Meta's stock price is on the rise. Others aren't as accepting of Meta's methods. Another person who was laid off and is going through the rehiring process said they recently saw a posting for their previous job, as a contractor position paying 20% less than their previous salary. https://www.businessinsider.com/meta-rehiring-workers-from-layoffs-2023-8 #facebook #meta #tech #layoff #layoffs #severance #rif #jobcuts #contractor #tvc #TC #paycut
Where would we find this alumni portal?
Ok maybe not you
It was sent in an email when you left, but you can’t apply for jobs there.
Unionize
If UPS drivers can get 170k by threatening strike, imagine what live service engineers could get if they threatened strike? I wonder how much a 1 week outage would cost Facebook? We have so much power left on the table. Literally everything goes to shit if we strike. Not just a delay in shipping some widgit. We'd get 1M+ TC for working on critical live site.
Ever thought of why no company like Meta, Google in Europe? Do they not have access to the internet?
This company is as good as Amazon at this point.
I was going to say they don't have Boz but holy cow Werner Vogels absolutely looks like Boz's doppelganger
Vogels is an IC but Boz has an entire empire of Clown Town.
It's a smart move for shareholder value. I applaud zuck and more companies should follow his lead
Looks like we have a volunteer at Microsoft
Go lick a boot
They seem to be back hiring big time or atleast sourcing? Reached out to me twice already. Didn't respond the first time.
For sure…I got a recruiter call tomorrow.
+1
The source is literally a few days old blind post proven wrong
This was always the plan. Create artificial scarcity to cause people to accept lower pay. If they didn't get rehired they played musical chairs with another tech company. They all knew what they were doing.
"artificial scarcity" --> are you saying there was collusion amongst big tech to create the scarcity via layoffs? The layoffs were all similar order of magnitude indeed.
They didn't collude. They all just decided to do the same thing for the same nonsensical reasons.
This should be considered a wash sale and illegal
🙋 currently in this process. Is it legal? Yah. Does it feel SUPER shitty? Yes.
Of course it's legal. Why wouldn't it be? The company can also just tell everyone their pay is cut in half. US is employment at will so you can't be forced to accept the new terms - you can quit or refuse the job
Do you still have to go through LC monkey interview loop too?
Amazon right now 👀👀👀
is that a pig