Thread regarding Meta / Facebook layoffs

I Asked About Layoffs in 2017!

During a December 2017 interview I asked if Facebook would be as energetic about laying off people “when the music stopped” as they were about hiring at such a fast rate. The finance guy liked the question, but the managers and execs did not. They seemed intoxicated with the growth and couldn’t foresee a future business decline. Thankfully, I did not go to work there. I now see some of those interviewers posting on LinkedIn they’ve been terminated. Can’t say I didn’t ask you about it.

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| 1751 views | | 4 replies (last April 21, 2023) | Reply
Post ID: @OP+1mftFahe

4 replies (most recent on top)

Well said. 7 x 300K = 2.1 mil..

300k is quite entry level TC at Meta. Or is that after tax?

Oh, and you don't expect salary raises over 7 years?

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Post ID: @olw+1mftFahe
If you were hired in 2017, you already milked 7 yrs and should be millionaires by now.

Well said. 7 x 300K = 2.1 mil.. Somebody missed the party..

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Post ID: @sfm+1mftFahe

If you were hired in 2017, you already milked 7 yrs and should be millionaires by now.

Remember, employment at will.

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Post ID: @ajo+1mftFahe

Koolaid is helluva dr-g

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Post ID: @kxs+1mftFahe

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