Meta is why our salaries are so high. If they layoff broadly, we lose a major TC booster which has kept other companies competitive in TC. Also they will inject top talent and Leetcode magicians back into the talent pool, who are willing to take a pay cut. You face more desperate competition. So pray Meta doesn't lay off too much. Read more here on how Apple and Google wanted to cut salaries years ago but Meta said no: https://www.reuters.com/article/uk-apple-google-ruling-idUKBREA2R21220140329 #tech #meta #layoffs
Couldn't agree more! Hope its below 3k folks
People forget that most big tech, especially Google, were trying to cap software salaries but it was Zuckerberg who said f*ck y’all and decided to pay top dollar for top talent. We wouldn’t have these salaries and perks if not for meta.
It seems tech companies are becoming abusive at this scale of layoffs.
No. We're just spoiled This is how normal businesses operate
Are we letting “tech bros” direct the treatment of thousands just because “money” at a time of post pandemic record profits. Behold Medieval tech !
Myth #1: you assume everyone makes big bucks Myth #2: you think I should thank meta but meta added 15mins each way to my commute since they moved to MP. Enough!
Time to abandon car at the airport coming soon
We are approaching the end of the financial, political and technological cycles. A lot will change. TC might not matter as much as it used to.
Elaborate please?
We entering the spiritual age as a specie
I’m afraid. And I’m at Amazon. I know we have the PIP factory. But still we never really know unless Andy chimes in here lol
Meta margins are way better than Amazon
Fortunately/unfortunately (depending on your perspective) the URA targets at Amazon will take care of unnecessary people. All the company has to do is extend the hiring freeze and it will shrink since 7% of the people are expected to be PIP’d.
Lol
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OK. Cancelling my Netflix subscription now.
Netflix: what did I do???
Netflix : Are you still watching? No? 🥺