If Zuckerberg’s latest marketing efforts seem amusing and self-defeating, they also show just how badly the company has flubbed its pivot into the metaverse Here are some details Zuckerberg said that, personally, he doesn’t watch TV, except for... — read more 

What does "increased intensity" mean? I have been working around the clock with a terrible WLB for the past 12 months. What am I supposed to do now? I am so demoralized and tired. Seriously thinking about leaving.

We're in some deep trouble. The finances of the company suck now and look worse for the foreseeable future.

In what metaverse can you justify doubling the size by this amount while you income from ads is dropping massive layoffs coming soon to a theater near you.

The age problem If you have children, you’ve probably noticed that they prefer other social media platforms. To many of them, Facebook is for older people — which is not exactly a recipe for growth. Helen Lewis of The Atlantic, among others, has... — read more 

You really believe it is an algorithm to pick who to let go? Or maybe AI chosen? Good luck to all. https://nypost.com/2022/08/19/facebook-parent-meta-lays-off-60-workers-at-random-using-algorithm-report/

https://www.businessinsider.com/meta-facebook-employees-expect-layoffs-2022-7

It's funny how we don't have money to keep regular employees but there's $35 million available for this guy (and yes, I know it's RSUs but that doesn't change anything). How much is Javier Olivan, Meta's new COO... — read more 

I should have quit a long time ago and I deeply regret that I didn't. Anyone else? The job market is not so great right now.

Send it to your colleagues. Good to learn about WARN Act and your rights as an employee. W.A.R.N. Act - very good explanation including remote workers Contact HR and have them explain it to you if you are not clear about it. This is their job to... — read more 

#techlayoffs So all the tech layoffs are easily found.

...and things aren't great. It's way worse on the inside than what's being reported and Mark's lost. There are some weird dynamics between Javier and Nick.

My girlfriend works in HR. She said the list has about 7800 names and still growing. She said they are currently evaluating if the cuts are equitable. That Age, race, s-x were not biased. Good luck all it’s going to be a blood bath

If you don't like it here, you can leave! You see, Zuck is laser focused on the meta verse, so get with the program! It will bring in tons of money some day!

Walmart is expecting layoffs. Walmart actually serves a function. Meta has a reincarnated MySpace, and the "metaverse" that is a money sink so far. I'm jumping ship!

In a high interest, high inflation market, this is not the time to be doing your first ever bond sale. https://www.marketwatch.com/amp/story/facebook-parent-meta-platforms-explores-first-ever-sale-of-corporate-bonds-report-2022-08-03

https://www.theverge.com/2022/8/2/23289369/robinhood-fires-23-percent-staff-second-round-layoffs

Oracle cutting $1B of payroll. It is my belief that Meta is next. With Oracle making the first move, struggling SV firms will move ahead.

Just signed an offer to work at Google, working in tech infrastructure. Handed in my two week notice to Meta today. Only about three weeks since my virtual interviews. I'm beyond relieved to not have to be looking over my shoulder every day for a... — read more 

I'm shocked that anyone is down-voting posts and comments from colleagues who are rightly concerned about their future employment. If you are a fellow Meta worker who is down-voting, grow some empathy -- and maybe a pair of eyes to see what is going... — read more 

I have former colleagues working as Data Scientist, Legal at Facebook. Hope they won’t be impacted.

Is anyone interviewing at Google? Honestly considering the jump. I'd rather be in control of my destiny.

Per the earnings report published today: “continuation of the weak advertising demand environment we experienced throughout the second quarter, which we believe is being driven by broader macroeconomic uncertainty.”

https://www.businessinsider.com/meta-facebook-employees-expect-layoffs-2022-7

I'm not saying that the company doesn't have any issues, but I still enjoy my job here and I care about keeping it. I would like to have a serious discussion why some people think that Meta is a poorly run company?

How safe is it to move for Meta at this point? A while ago I started considering transferring to another team in another state (I'm single and I rent, so it's not that big of a deal) but with what's been going on, I'm starting to think that it might... — read more 

That's incredibly naive if you ask me. Meta wants to cut costs. The easiest way to do that without disrupting work too much is to get rid of the people who earn more and replace them with new hires who earn less. Usually, those who earn the most have... — read more 

?

This is why I am the boss.

Meta didn’t fail. Look around you, at other organizations, and the market in general. There is no leadership error. This is simply a cycle of survival. If you are let go from your job, it does not mean you are an underperformer. Take nothing... — read more 

When I compare how much I'm paid here and how much more those who went to other companies are paid now, I secretly wish to end up on the layoff list. I know of some people who got not only a 30 percent increase after they left, but now they have... — read more 

This is no longer the company I used to love working for. I think the brain drain will soon become a real issue here? The best ones I had the opportunity to work with have already left.

The anticipation and stressing that comes from it is worse than knowing. If I found out I was let go I could move on. It wouldn't be ideal but at least I'd know what to do next. Just waiting and worrying achieves nothing other than putting a strain... — read more 

Does that mean Zuckerberg will be the first one to go? I can't think of one person with a poorer performance record in the last several years than him. Or does the performance only apply to us peons and not those on top who got us into this mess in... — read more 

I was going to join Facebook/Meta back in July but things got complicated due to my immigration status, anyhow, my start date was changed and I am scheduled to start in late September. I have been following all the chatter on mass PIPs and possible... — read more 

I came across someone's comment that Meta is dying and that this business model is not working. I have a divided opinion about it, but I would like to hear yours?

https://www.washingtonpost.com/technology/2022/07/11/facebook-tells-low-performers-to-go/

If we need to slash the number of employees, then why are we still hiring? I know for a fact people are still interviewing and being extended offers. A complete hiring freeze would make more sense than bringing on new people just to get rid of some... — read more 

I had a premonition that there would be layoffs. Is there any information on how many people will be affected?