Are engineers at Facebook quitting these days or no not really nothing is changing?
And on the company side are there layoffs on their way?
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What stuff FB had is useful? I used to like instagram, and after being bought, it's all not-genuine and full of ads on there now. Not to mention Facebook, who uses that today? grandmas, and they were politically manipulated on that platform.
Flagged by the community.
If anybody plans to jump the ship - it will happen after the bonus, not before. Hence, let's see what happens in March/April.
And would you elaborate abit on roughly how much or what percentage of the annual the RSU is allocated to refreshers, so for example if someone makes generally 150k in RSU /yr how much refreshers $ would they be given additional per year (just a rough idea)?
And that creates a notorious "cliff" situation. Not only in Meta, but in many companies that give initial RSU grants. On the first year you get, let's say, $100K RSU. The second year it is $125K because of your first refresher grant. Third year $150K, the fourth year it is $175K. And on the fifth year and all further years you get $100K again. The exact numbers might be slightly different, but the situation is that your RSU grant on 4th year is almost two times bigger than on your 5th year and the total compensation on your 4th year is around 25% higher than on the 5th year, assuming that RSUs make a half of the total compensation.