Topics regarding layoffs at Meta / Facebook

Topics regarding layoffs at Meta / Facebook

9AM PST

Working hours just started. Any more layoff info?

by
| 1940 views | | 7 replies (last November 8, 2022)
Post ID: @OP+1jAIl71m

Has anything happened so far?

I know Mondays are not usually days for layoffs, but considering that we're talking about cuts of thousands of people, I wouldn't be surprised if the management decided to start early. Please let us know if you hear about any cuts taking place today... — read more 

by
| 1450 views | | 2 replies (last November 7, 2022)
Post ID: @OP+1jAfuSDO

Which day is the layoff exactly?

Which day or days are people going to get laid off exactly? The article said starting Wed but does anyone have any concreate information? Only reply if you have real factual information.

by
| 1760 views | | 6 replies (last November 9, 2022)
Post ID: @OP+1jArlS5u

Deep Recession in all sectors coming soon

Listen to Nouriel Roubini https://www.bloomberg.com/news/videos/2022-10-25/nouriel-roubini-on-economic-threats-dollar-and-fed-video

by
| 1175 views | | no replies yet
Post ID: @OP+1jA2e1Tw

It is coming! At least 10%!!

https://www.wsj.com/articles/meta-is-preparing-to-notify-employees-of-large-scale-layoffs-this-week-11667767794 "The Wall Street Journal reported in September that Meta was planning to cut expenses by at least 10% in the coming months, in part... — read more 

by
| 2060 views | | 6 replies (last November 7, 2022)
Post ID: @OP+1jzt63jF

Protect shareholders

https://corpgov.law.harvard.edu/2022/11/04/lawsuit-against-meta-invokes-modern-portfolio-theory-to-protect-diversified-shareholders/

by
| 780 views | | no replies yet
Post ID: @OP+1jyrNFqF

Doesn't look good for the sector...

Maybe user are just tired with all the BS? https://www.profgalloway.com/elephants-in-the-room/

by
| 660 views | | no replies yet
Post ID: @OP+1jxQ3V0Z

No wonder investors want layoffs

because of people like this. absolutely disgusting and makes those of us who work hard look terrible. especially when mark is saying we have to do more with... — read more 

by
| 1760 views | | 4 replies (last November 7, 2022)
Post ID: @OP+1jxL7DEB

Meta's future?

Perhaps there is someone who is optimistic that things will get better, but I don't see my future here. In fact, I can't even imagine what this will look like in a few years, but I don't think the future of the company is bright.

by
| 1270 views | | 4 replies (last November 6, 2022)
Post ID: @OP+1jwNAvJe

Going under in an honest way

At least META is not cooking its books and unlike entities like ENRON is going under in an honest way. Indeed, if they were cooking their books there would have been cover up which would delay that 800 billion in stock loss in the last year.

by
| 1010 views | | 4 replies (last November 2, 2022)
Post ID: @OP+1juGdaUn

Trim the fat

I agree, the company urgently needs to trim the fat. However, what if those who need to be cut somehow survive and instead they end up cutting the skilled and hard working employees that this place needs to get back on track?

by
| 892 views | | 2 replies (last November 3, 2022)
Post ID: @OP+1ju5stXo

Meta stock

Guys why stock keep going down?

by
| 1190 views | | 7 replies (last November 1, 2022)
Post ID: @OP+1jt4hufO

Meta researchers are on the chopping block

All of the leaks from Meta Research has did those people in. Much of their work is useless and some of it just doesn't apply to the Metaverse. The cuts will be quiet and deep. Very deep.

by
| 2400 views | | 8 replies (last November 1, 2022)
Post ID: @OP+1jrHIZVc

Bold

The hysteria around Meta earnings report has been really fascinating to watch. Starting most recently with the activist letter telling Meta to give up on the Metaverse. The market hates innovation - until its successful, then loves it. Meta making... — read more 

by
| 1380 views | | 5 replies (last November 1, 2022)
Post ID: @OP+1jruWgHH

Get a lawyer lined up

Don't rush to put your John Footpenis on any separation paperwork. Get it reviewed.

by
| 1160 views | | 3 replies (last October 30, 2022)
Post ID: @OP+1jq9UtjM

Meta Could Face Serious Layoffs Within Months: Report

According to Business Insider, Meta managers are warning teams that layoffs won’t spare even the highest performers. “Zuck’s message was loud and clear: You have three months to prove your worth, put in 200 percent effort, or you can resign now if... — read more 

by
| 1830 views | | 7 replies (last November 1, 2022)
Post ID: @OP+1jq4Teiv

5K

Fire the whole recruitment org? They're 5000+ people warming seats while the company is on hiring freeze for the foreseeable future.

by
| 1070 views | | 1 reply (October 29, 2022)
Post ID: @OP+1jqeHMx4

30% Cut, Incoming

We all know the PM who’s making TikToks at work and the company is full of people like that. Low stock price won’t let us burn billions into Reality Labs. If the leadership wants to continue investing into AR/VR then they need to trim the fat right... — read more 

by
| 1520 views | | 3 replies (last October 28, 2022)
Post ID: @OP+1jqecMh2

Layoffs

How big the lay-off will be?

by
| 1250 views | | 4 replies (last October 28, 2022)
Post ID: @OP+1jqyaJyw

Can't sleep

It is early Friday. Is today gonna be the day?

by
| 725 views | | no replies yet
Post ID: @OP+1jqZHGgz

This is too much for employees

As of next week I won't be a Meta employee. I will have other employment. I urge everyone to bail out of this inevitable shipwreck.

by
| 1140 views | | 2 replies (last October 28, 2022)
Post ID: @OP+1jpdTzgH

It’s Official: Meta Is a Disaster

Excellent synopsis of the train-wreck formally knows as Facebook. https://nymag.com/intelligencer/2022/10/meta-earnings-company-formerly-known-as-facebook-is-a-mess.html

by
| 1010 views | | 2 replies (last October 27, 2022)
Post ID: @OP+1jptOQKr

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