I used to feel quite safe here, but I think that in the future everyone's job here will be more and more uncertain. I wish I wasn't right.
However, it would not surprise me if, immediately after these big cuts, the remaining employees faced new situations such as constant smaller cuts, being put on PIP and the like. That's just my feeling anyway.
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It's smart to be prepared for a possible future cut. And if MZ can't turn things around, they will happen. I would say, just make sure you have an updated resume, and make sure you have an emergency fund to cover 3-6 months expenses (although he's given a generous severance and will probably continue to do that unless things get really really bad). You can look around for other opportunities as well. I was at the same place for a long time - 15 years, a once great tech company that did a big cut and then a series of smaller ones every year until they finally got bought. I survived a lot of layoffs but it was stressful. Eventually I left - I could have waited for a good package given my seniority but I decided the stress of waiting for when my number would be up.
this is how corporate america works. there is no job security and you're constantly on the line for layoffs through a multitude of reasons: poor quarterly earnings, bad economics, change of direction from leadership, new leadership or management, the reasons and possibilities for layoffs are many. this is how most people not in pampered silicon valley jobs have had to live with
Job Safety???
I guess you meant Job Security. Pheeew, no wonder Meta is failing.
Yep, the base is not hapoy with Zuckerberg and his antics.
Yes. Facebook got lazy at truly culling dead weight. Amazon stayed on top of it during the growth years , with mandatory 10% PIP. Facebook has a tough road ahead because its just another MySpace. It’s user base was the value, but now that base is flocking elsewhere