Meta is going through rough patch but we all should be thankful to them. It is Meta who have single handedly raised the salary bar across the industry. It is because of them that we see 700-900k TC for L6s and 500k TC for L5s and 200k for new college grads. Let us all be thankful to them and whatever is happening to them will have ripple effect across the industry. #tech #meta
nah
Yeah tech bubble popping and blind tc chasers are all fucked
Yet you still get people dancing on the graves of these high-TC places. Think what you want about Meta and Twitter, but one less great-WLB and higher-salary culture is not great for job seekers 🤷♂️
You jealous?
Are you kidding me? They sucked up all the good talent to build social media apps. Startup’s struggled to get good engineers because of metas over hiring for a product that does not need this many people. This is going to be painful for meta employees ..
Startups don’t pay shit and I don’t care about what they build. Meta raised average comp for swes
Preach pdudb. The fuck we care about startups getting good talent.
We should thank Meta for that PM’s epic cringy TikTok!
Wasn’t that a troll? I’ve never met a 23 year old PM at any FAANG
Need to know her name or handle to investigate. Probably APM or entry level PM. 🤣🤣🤣
Very True.. I joined a few months back when my grant was at $206 per share and my then TC was 530k including 100k sign on .. My TC is almost 50% down today.. but who cares . I didn't even have my first Vesting yet , I probably won't sell the stock until 2024 .. let's see what happens by then
People said this about MySpace too
MySpace wasn't making $5B in quarterly profits (despite metaverse investments). Meta is not going anywhere. We have to lower the Capex from the current $35B to more manageable $20-25B.
100% this! When Meta (or Facebook then!) was becoming a force in 2010s, they increased the pay for everyone as a way to poach from Google and Apple, whom were colluding among themselves to keep the pay artificially low. There was even a lawsuit settlement around this issue. Soon enough other upcoming unicorns like Airbnb and Uber followed Meta’s lead of raising TCs to attract talent.
That was about the last time you see Intel’ name alongside apple and google.
Yes let's thank Meta for this tech meltdown that's about to happen.
Mayne that will deflate the real estate
Thanks to meta I found my wife on Facebook!
And here I am trying to lose mine 😊
My friend also found his gf on the Facebook
Meta reject found
Take that virtue signalljnh and shove it where sun does not shine, with your micro and soft d that does not ever harden 3rd grade dino at retirement home! 🤣
very true, thank you meta and rip
that’s exactly what i thought :)
Nah, Im all for TC growth but Facebook needs to die