This is interesting because it's a case of "AI taking jobs" but not in the way people normally mean; these massive layoffs are happening not because AI is doing the work they used to do but because capex is sucking all of the operating money out of everywhere. The companies may be forced to replace some of the laid-off employees with AI (as far as possible) but that's an effect not a cause.
wisty 4 days ago [-]
3 and a half ways AI takes jobs:
1. By making workers unnecessary (largely hypothetical right now?)
2. By companies spending big on AI, but it didn't pay off yet so they need to cut back on something else.
3. AI is a good excuse for layoffs they want to do anyway.
Also - the investors would rather hear "AI" than "oops we are in trouble so we need to do layoffs". For example, if you spent a lot of billions on a 2nd life clone with fewer players than developers ...
hn_throwaway_99 4 days ago [-]
It's #3 - it's always #3.
All of these tech companies (with perhaps the notable exception of Apple) massively overhired during the pandemic, and that overhiring was on top of a decade+ of the ZIRP era. So there are 2 main drivers of these layoffs:
1. Correcting pandemic overhiring
2. In the ~2010-2022 timeframe, tech companies poured all this money into speculative bets that never went anywhere, at least from a profit perspective (think Amazon's Alexa devices division, Google Stadia, and perhaps most famously the Metaverse itself). All those diversions are now toast, and they employed a ton of people. The only speculative bet that is now "allowed" is AI, which is one reason why I giggle whenever I hear people trying to defend their companies or projects by adding "AI" somewhere in the name.
So perhaps my second point is similar to your #2, but I think the important difference is that the end of the ZIRP era would have caused companies to kill these inherently unprofitable projects even if AI never came on the scene.
ninjagoo 4 days ago [-]
> here are 2 main drivers of these layoffs:
> 1. Correcting pandemic overhiring
> 2. In the ~2010-2022 timeframe, tech companies poured all this money into speculative bets
Any data/sources on which this might be based? The pandemic was 6 years ago; do these "Agile" (the tech term) companies really carry many unproductive lines-of-business for so long?
> speculative bets that never went anywhere ... think Amazon's Alexa devices division, Google Stadia, and perhaps most famously the Metaverse itself
Organizations make speculative bets all the time. Is there an accounting of the profitability of Alexa/Nest etc.?
> end of the ZIRP era would have caused companies to kill these inherently unprofitable projects
if you plug in the years 2020-2026 in the Fed Rate - Unemployment chart here at [1], it shows that from 2020 - 2022, rates were near zero while unemployment spiked during Covid and then fell. From 2022 through 2023, rates rose sharply while unemployment stayed relatively low. 2024-2025 the labor market softened. You can add the Federal Funds Effective Rate and the Unemployment Rate easily through the menu.
Unemployment stayed low through the rise in rates for almost two years prior to 2024. Given that companies operate on a quarterly reporting basis and program/project decisions are at least on that cadence, I don't think that the line you're suggesting that Rates-Go-Up -> Projects-Get-Killed -> Layoffs-Increase quite lines up with the economy-wide data in this exceptional case of 2022-2023.
We may have to look elsewhere for the reasons behind the current labor market weakness ... cough..*economy*..*trade walls*..cough...*structural re-alignment* [2]...cough...
How many hall passes do CEOs get for pandemic over hiring? Its been four years, and four years of layoffs and hiring to go back to layoffs. Pandemic over hiring might explain the first layoff or two a year or so later, but not the tenth or so layoff nearly half a decade later.
coredog64 4 days ago [-]
It's the principal/agent problem: The overhiring is incredibly difficult to unwind because it led to the creation of empires. Everyone who is not a founder has more incentive to keep the empire because it props up their comp.
shermantanktop 4 days ago [-]
I see this firsthand. Execs who are openly hostile to and distrusting of their own middle management.
These were supposed to be farsighted geniuses who took credit for their stock performance. But they made the most obvious blunder: opening a Pandora’s box that they can’t close.
malfist 4 days ago [-]
How?
In 2022, Meta laid off 11,000 (13%)
In 2023, Meta did two layoffs, one of 10,000 (another 13.6%), one of 600
In 2024, Meta did a layoff (layoffs.fyi doesn't list the number)
In 2025, Meta did three layoffs, one of 3,600 (5%), 100 and 600 people
In 2026, Meta has done two layoffs, one of 200, and one of 8,000 (10%).
If you can't correct overhiring in 4 years as a CEO, you've failed. If you repeatedly have to do >10% layoffs every year for 4 years you've failed (if it's to correct for a one time hiring spree).
Meta's employment didn't skyrocket during the pandemic making this argument even more bullshit. Between 2012 and 2018 Meta averaged an employee count growth of 40% YoY. In 2020, they grew by 31%, 2021 22% and 20% in 2022. Meta slowed their growth during the pandemic.
This "pandemic overhiring" is bullshit.
shamoo 4 days ago [-]
In 2012 meta had 4600 employees.
In 2018, 35,500.
From 2019 to 2022, 44k to 86k.
2026, as of now, 70k, 26k higher than 2019.
Using relative comparison is not appropriate for a software company, which is incredibly scalable by nature. Yoy is not the appropriate metric here. These are not workers on the line in a widget factory.
burningChrome 4 days ago [-]
Just to play devils advocate here - but from 2022-2026 did they ever have any large hiring cycles that would replace some or most of these layoffs? Or should I believe none of the layoffs in the last four years have been replaced at all?
I do agree with your point about overhiring, its been way to long and this continues to be an excuse without any real evidence to back it up.
nradov 4 days ago [-]
Whether it's bullshit or not, does that even matter? Meta's CEO, Mark Zuckerberg, has majority voting rights. This is not a secret. Everyone who considers working for or investing in Meta is aware that hiring and firing decisions are subject to his whims.
kdheiwns 4 days ago [-]
Seems more and more like CEOs and MBAs as a whole are letting AI make all their decisions
hdndjsbbs 4 days ago [-]
> Any data/sources on which this might be based? The pandemic was 6 years ago; do these "Agile" (the tech term) companies really carry many unproductive lines-of-business for so long?
Do big tech companies like FB and Google even pretend to be "agile" anymore? I think they mostly sell themselves on institutional stability and monopolist market positions rather than speed of execution
TeMPOraL 4 days ago [-]
Did they ever pretend, and anyone ever believed that? "Agile" organization is even more of a bullshit concept than "Agile" in the team.
Excepting for trivial-size, freshly formed startups, companies cannot be "Agile", because finance and legal and HR and even marketing have constrains setting the tempo - you cannot just drive them with a sprint as if it was a clock signal.
ninjagoo 4 days ago [-]
> "Agile" organization is even more of a bullshit concept than "Agile" in the team.
> Excepting for trivial-size, freshly formed startups, companies cannot be "Agile", because finance and legal and HR and even marketing have constrains setting the tempo - you cannot just drive them with a sprint as if it was a clock signal.
Implementations of Agile at different companies can be an issue, yes. But that is to be expected in any large organization, simply because of scale. It doesn't change the fact that the on-the-ground teams at agile orgs work to a different cadence and approach than historically traditionally structured companies.
There are a few different ways to manage interfacing with parts of the org that need to march to a different beat. That always creates friction, and has to be managed properly. Any large org can suffer from hubris, middling management skills and capacity, wasted effort. Problems of scale, I guess.
nradov 4 days ago [-]
Enterprise methodologies like Scaled Agile Framework (SAFe) are explicitly designed around managing that friction. Developers may complain about the additional toil and process overhead it imposes on them, but for the organization as a whole this is sometimes the least bad option.
dbish 2 days ago [-]
None of the important projects or FANGs build with frameworks like that, sorry. Project management frameworks are all larp and mostly used by slow moving firms from the past.
nradov 1 days ago [-]
Right, those frameworks aren't a good fit for sophisticated tech companies. They're targeted towards enterprises where software is just one component of a larger strategy. Sometimes moving slower is a better way to create shareholder value.
liquidpele 4 days ago [-]
Yes, they do. In fact, they have several competing committees to market the concepts internally through armies of PMs and TPMs and KPIs and efficiency metrics tracking. Also your AI token use of course.
StilesCrisis 4 days ago [-]
I was in two different Google orgs and neither one used any sort of agile methodology at all, and in fact I almost never heard agile even discussed. Some teams arranged their bugs "kanban"-style but that was up to the individual team; it wasn't a company-wide decision.
ninjagoo 4 days ago [-]
> Do big tech companies like FB and Google even pretend to be "agile" anymore?
Folks from those companies will have to speak up, but my understanding is that yes, internally these large tech orgs use the Agile Methodology, as opposed to the 'traditional' 'Waterfall' development methods.
trgn 4 days ago [-]
agreed. zirp has become a meme, it does not really explain any current dynamics.
sulam 4 days ago [-]
Stadia was a minor footnote compared to Android, Pixel, and the other large organizations at Google. But there was plenty of hiring there during the pandemic, so your broader point is not wrong.
mghackerlady 4 days ago [-]
the only thing I miss about stadia was the controller. Man, that was a nice controller. Also, playing games on a nest hub was a neat party trick
konschubert 4 days ago [-]
> In the ~2010-2022 timeframe, tech companies poured all this money into speculative bets that never went anywhere
I think it is hard to overstate the effect that Waymo will have.
oblio 4 days ago [-]
1. If it scales worldwide. There's a decent chance that considering current global geopolitics, China will never allow them in, India and the EU will probably do the same or favor local competitors, Africa/Latin America will probably not have the money to tier 1 markets, which kind of leaves the US + Anglosphere.
2. If it captures most of the transportation market. That's debatable because self-driving tech works even better for trains, trams, subways, buses, etc. And that's before we go into other self-driving car companies.
3. If it becomes truly production ready within the next 10 years or so. By "truly production ready" I mean a Uber/taxi competitor in at least 20 alpha global cities outside of the US. Otherwise yeah, it's going to be a great tech but with a 30+ years ROI.
konschubert 4 days ago [-]
I didn’t say that Waymo will be a commercial success or that there won’t be copycats more successful.
But waymo created the category by showing it is possible.
basisword 4 days ago [-]
Re: pandemic overhiring - haven't most of the big tech companies already corrected for that? Starting in 2022 we've seen very large rounds of layoffs multiple times a year. That's 3-4 years of layoffs now. Meta alone has laid off over 30k people since 2022, not to mention closing many open roles.
givemeethekeys 4 days ago [-]
Where did all the extra employees come from? Did this result in shortages in other industries that the employees supposedly transitioned from?
hn_throwaway_99 4 days ago [-]
These West Coast tech companies had some of the highest salaries on the planet, so yes, they took employees from other locales/areas.
But also, while there have been layoffs in engineering teams, Ive seen a lot of "support staff" get absolutely obliterated. Things like "agile coaches", "technical project managers", UX testers, marketing roles, etc. etc. While I've seen most of my laid off soft engineer friends find new jobs relatively quickly, I've seen lots of folks in these other roles suffer long bouts of unemployment, and often leave tech entirely. It's these folks I feel the most for. A lot of them were making low 6 figures 10-15 years ago, and now many of them have no hope of making that much in their careers again because companies have vastly reduced the number of those roles.
AbbeFaria 4 days ago [-]
My experience working at Big tech companies is that people with roles like “agile coaches", "technical project managers", UX testers add questionable value. And the QA is usually outsourced to service companies like MindTree, TCS etc anyway.
Lot of these companies are bloated from having way too many Engineers anyway. Once you have mature software that brings in bagfuls of money, you don’t need that many people to keep the ship steady. I have seen this first hand at MSFT, we started a new team back in 2019 and it probably had ~40 people full time across US and India. By 2024 when I left, we had about 20 people in India who could easily run the service, the US team was dissolved and they moved to other teams in MSFT. The fact was that new features were few and the team was in KTLO mode. I have seen the reverse happen too, the team I was working on was dissolved and we were moved to different teams and everything moved to the US last year, managers were converted to ICs and a few folks were probably fired but it was a ~10 year old service that didn’t need that many people to run, even more so after AI tools became big last year.
mschuster91 4 days ago [-]
> My experience working at Big tech companies is that people with roles like “agile coaches", "technical project managers", UX testers add questionable value.
"Agile" can go and die in a hellfire for all I care.
But good technical project managers aka "bridges between the higher-up beancounters and the workers" are worth their weight in gold.
AbbeFaria 4 days ago [-]
At MSFT, Product Managers were Technical Program Managers. Yes, a good PM is a joy to work with.
joe_mamba 4 days ago [-]
>But good technical project managers aka "bridges between the higher-up beancounters and the workers" are worth their weight in gold.
Yeah but it's not easy do distinguish those from the snake oil salesmen who are just good at smooth talking during the interviews.
vishalontheline 4 days ago [-]
Pretty easy. Get them to talk about a project they've managed and start poking holes. Who was on the team? How did they organize meetings? What were the bottlenecks? How well did everyone get along? What did they do to help grease the gears? Did they have to change the process? How did they like the software? Which software did they use? Did they have to administer it themselves? How did they deal with management changes / team changes / tons of support requests / issues in production? Where did they draw the line between PM work and engineering work?
joe_mamba 4 days ago [-]
From witching other managers, and via LLMs, you can literally learn and interview prep for all those questions on and lie. It's not difficult.
vishalontheline 4 days ago [-]
People have a very difficult time keeping their story together, especially when they're asked a couple of questions that interview prep didn't cover.
Beyond that though, there's the probation period. If they can't do the job, they're supposed to be let go before they become permanent.
Trouble I see from most interviewers is a tendency of asking questions with a "right" answer. Those tend to be a lot easier to game. They then fallback on sorting applicants by pedigree - the old, "no one ever got fired for choosing IBM" method.
Then, they come back and rant about how PM's are trash, and Agile is trash, etc. etc.
jimbokun 4 days ago [-]
Well if they’ve learned that much it’s a good thing.
The remaining piece is to speak with some personal references to verify they did some real work.
joe_mamba 4 days ago [-]
>The remaining piece is to speak with some personal references to verify they did some real work.
Not a thing where I am. You can BS your way in these jobs and so many people did.
There's no LEETCODE for management positions, just bullshitting smooth-talk and using your connections (nepotism).
hn_throwaway_99 3 days ago [-]
Well, quite frankly, you work in a shitty place then that doesn't know how to competently interview for these positions.
There are real differences in the knowledge and work behavior of great PMs and the bullshitters, and it's usually not that hard to tease out the bullshit in an interview if you know what you're doing.
joe_mamba 3 days ago [-]
>Well, quite frankly, you work in a shitty place then that doesn't know how to competently interview for these positions.
I was talking about a country, not a workplace, and franky, so what? I can't change that. What I can do, is tell you how it is, and how the system gets exploited.
If you live in some magic utopia where things are different(the US maybe?), good for you, but this information doesn't change anything for me where I live.
Best I can do is adapt and exploit the system in my favor as well if I can the same the rest do, otherwise I get left behind by the unscrupulous clueless scammers who do.
Schlagbohrer 4 days ago [-]
What do you think about Cory Doctorow's theory that the AI produced code is going to come back to bite companies due to tech debt / unmaintainability?
I am skeptical of Doctorow's theory because it looks like LLMs will continue to improve enough over the near term to be able to handle issues caused by AI-written code from the past few years.
3form 4 days ago [-]
I've heard OpenClaw got over 600k lines of code vibed over 80 days.
I have this theory that the bloat will follow to the full extent possible. OpenClaw has this, the OpenEye or whatever that comes on another day, with better models, will have 3 million lines of code. All of the possibilities that you mention will not come to fruition the way you'd like to, because speed is preferred over building better things, and to hell with maintainability.
Eventually these things will become a ton of black boxes, and the only option will be to write them from scratch with another next gen LLM. Lots of costly busywork, and it will all take time.
sharadov 4 days ago [-]
Tech debt and maintainability were important because time was of the essence in another era.
If the cycles get compressed by say 95%, to hell with it, just trash the old and write everything from scratch, start from a clean slate each time?
nradov 4 days ago [-]
That may be good enough for consumer facing systems. Rewrites seldom go well for enterprise systems of record because the code embodies a lot of undocumented but critical requirements. If you start vibe coding from a clean slate then all of that knowledge is lost and you've created an even bigger problem.
jupp0r 3 days ago [-]
I don't think that needs to be true either anymore. Exhaustive specifications and comprehensive test suites are easily created now too. That's why I think software engineering will not go away, it will just change drastically.
jeltz 3 days ago [-]
It will change and most likely for worse. The new applications will be even buggier and worse than what we have now.
Schlagbohrer 3 days ago [-]
And worst possible outcome for the working class of humans is that we end up with AIs as our managers, being told to do what the AI recommends no matter what, or being in some way suborned to the AI.
3form 2 days ago [-]
That's what I'm expecting will happen, yes. My point further is that I believe it's a road to nowhere. It will be costly in time and money, and result in people involved not knowing what's going on in the project more than ever. The last point going unnoticed by the management of course, as they rarely know the project to begin with anyway.
jasomill 3 days ago [-]
So fix a system's known bugs by creating an entirely new system with a fresh set of unknown bugs?
3 days ago [-]
3 days ago [-]
oblio 4 days ago [-]
Claude Code is similar. It's fairly clean for AI coding standards but it's also most likely much, much bigger than what it should be for what it does.
AbbeFaria 4 days ago [-]
In the mature service I worked on, adding new code was “templatized”, you had to add feature flags, logs etc which didn’t vary much no matter which feature it was. The business logic was also not that complex, I can see AI tools one-shotting that and it indeed is a productivity boost. You would be surprised to know that most work was exactly this, writing rather mundane code. Majority of the time was spent coordinating with “stakeholders” (actually more like gate keepers) and testing code (our testing infrastructure was laborious). This was at MSFT. There are lot of teams that are innovating at the frontier (mine wasn’t, at-least not technically), I don’t know how AI tools work in those situations.
byzantinegene 4 days ago [-]
the near term is not an issue, because most ai code is still reviewed by experienced engineers with experience. the problem comes in the future where junior engineers who never acquired enough experience to handle engineering problems
lazide 4 days ago [-]
Ain’t nobody reviewing the majority of vibe coded output.
johnvanommen 4 days ago [-]
> A lot of them were making low 6 figures 10-15 years ago, and now many of them have no hope of making that much in their careers again because companies have vastly reduced the number of those roles.
I moved to the Seattle area during the dotcom boom.
Within 18 months I was unemployed.
There was DEFINITELY a feeling, like the whole “internet” thing might have been a bubble. I helped a friend move to Pleasanton CA and there were so many empty office buildings, it looked like a zombie movie.
But it all came back, and more.
hn_throwaway_99 3 days ago [-]
I'm not at all saying that tech is somehow "dead". What I am saying is that many of the non-engineering roles that were popular in tech over the past 15-20 years are either going away or will continue with vastly reduced numbers of people. If you're someone who did agile training for the past 15 years and are now in your 40s and were laid off, I sincerely doubt you'll be able to get a job as an agile coach before the end of your career that pays as much as in the 2015-2020ish timespan.
oblio 4 days ago [-]
The number of tech employees worldwide in 2026 is probably 2x or more compared to 2001. Maybe even 3x. Things are not the same.
red-iron-pine 4 days ago [-]
also add in that the single largest source of tech growth in the last 3 years has been building tools that will obliterate the need for tech employees.
replacing SRE-4s with AI is the point
hnfong 4 days ago [-]
IIRC, CS majors in universities grew a lot over the past 2 decades in particularly past couple years.
It can be argued that the demand for graduates in other industries might have stagnated or even dropped, and it's "spread over" many different industries, so it's not really that seriously felt.
But if you were hiring in the software industry during the covid peak years, you would seriously feel the shortage. I used to interview candidates in a FAANG, and at some point it was more likely than not that a candidate that we liked and prepared to make an offer would tell us they already accepted an offer from another FAANG...
nradov 4 days ago [-]
There was never any shortage. Your company wasn't good at recruiting, or moved too slowly, or had a bad reputation, or was making low offers.
smm11 4 days ago [-]
You guys weren't very good, then.
steveBK123 4 days ago [-]
My observation is mag7 got less picky in hiring.
Post-2015 and accelerated during Covid, many east coast techies I knew that didn’t go to the right school, get a 4.0 and take the “right path” suddenly started popping up on my LinkedIn ad having joined a mag7.
And then everyone else lower on the food chain got even less picky.
And then we had the whole PM / DS / etc new job path fads that pulled in non-CS and sometimes non-STEM people who did a bootcamp.
michaelt 4 days ago [-]
Pulled from other technical fields, leading to them having an ageing workforce and struggling against far-eastern competitors.
If an engineering graduate has a chance to make $0.8X at a US company that makes hobby drones, $0.9X at a US company that develops 3D printers, $1X at a US carmaker that's struggling to develop a good EV, or $1.5X at a US adtech company - you can imagine where they end up.
baxtr 4 days ago [-]
Other industries and other countries. Until recently, other industries were struggling very hard to find developers for example.
ValentineC 4 days ago [-]
> Amazon's Alexa devices division
Alexa devices had so much potential, if they'd only practised customer obsession like Amazon used to (still?) preach, and not stuff their products with ads.
hn_throwaway_99 13 hours ago [-]
How? Potential as cool devices, sure. Potential to make money though?? Nobody has really figured out how to make money from voice-only assistants.
52-6F-62 4 days ago [-]
But do you really think they accidentally over-hired to the tune of tens of thousands of individuals? Across these companies the numbers are close to 100,000 people. Maybe much more.
That means that a large number of high ranking people in these companies projected they would need these people in the coming years, and then some.
I think it may be darker than that, and the overhiring was a tentative measure to build up a charge, like electrons in a capacitor, to release a shock to the market that would achieve two aims:
1) drive salaries down through fear and contest
2) reduce the bargaining power of employees (software engineers were starting to look to unionizing in the past 5 years especially and that has gone deathly quiet even though working conditions have worsened and demands have increased on 'ICs')
It's rudimentary electronics physics. Such physics is regularly applied to economic systems modelling to achieve predictable outcomes (usually making more money).
Any objection as to whether these companies executive teams were collaborating should be seen as very empty by now, given we know they are all deeply circularly invested in each other and thus are bound to each other's success or failure.
ptdorf 4 days ago [-]
Keeping your employees on their toes can work in the short term.
On the long term, prolonged stress kills innovation and engagement.
canes123456 4 days ago [-]
It’s weird though because they could just cut the whole metaverse and it would matter exponentially more for profits and Wall Street. Maybe that is what this layoff is but I doubt it. They already laid off 10% of reality labs this year. Why do that if they were going to kill it completely.
There also no financial reason to lay off people. The revenue and profit for employee is already way better than per 2020 levels.
I suspect it really is to pour more money into AI capex.
compounding_it 4 days ago [-]
> notable exception of Apple
I don’t think Apple is an exception. I think they have also over hired but they are also scaling, albeit slower than they used to. The scaling elsewhere is not happening, especially meta where they are trying to extract money from every corner they can find out of desperation, and so the books need to become lighter.
For Apple, hiring more than they need can be soaked into the books because their sales and profits keep increasing, though the rate of growth has slowed. However, if it’s an expense that can be avoided, then it’s an expense that should be avoided.
throwaway894345 4 days ago [-]
At my company, the executives have been saying things like "AI will let us do more with less", so they preemptively encourage attrition. Now the people with the skills to potentially automate away work (including via AI) can't get to it because they are now backlogged by doing the manual work themselves that they might otherwise be automating away. What's more: the way they "force attrition" aren't directly via layoffs which might let them target the lowest performers, but rather they give shitty pay raises across the board, which means the top performers leave as they have the most incentive to leave (they're the most able to get higher paying jobs elsewhere).
I'm not one to invoke "incompetence" willy-nilly, but I'm having a hard time explaining these policies apart from it.
Anyway, I bring this up because it didn't quite fit into your 3.5 rubric.
mancerayder 3 days ago [-]
I am seeing this first hand. A light year for layoffs (below 5 percent), a couple of months after a universally unpopular end of year comp, where exceeding expectations meant you get a raise right around inflation (3 ish percent).
Good people are leaving, people who can't, don't. It's hard not too see how it dilutes talent.
One of the consequences of having bean counters run tech companies.
netcan 4 days ago [-]
Meta basically "pivoted."
The core business is still meta ads, but Zuck had decided they needed big investment into a new business for future-proofing, growth or whatnot.
That business was initially the meta stuff. Now it is Ai. That's a pivot.
AdamN 4 days ago [-]
Meta is fundamentally a media company and they're using AI towards that end. They don't seem to be productizing their tech beyond that in the medium term.
NickC25 4 days ago [-]
>Meta is fundamentally a media company
You were soooooo close.
Meta is fundamentally a targeted advertising company, not a media company.
alex1138 4 days ago [-]
Are they even that? Their modus operandi has been to steal user credentials. Ads (which aren't targeted at all, the ads aren't even good, according to what people have said) are just an excuse to gather more data (Facebook syncs with your phone, it wipes out addresses in your phone book). It comes down to Zuck and who he is
netcan 4 days ago [-]
The ads are effective, and the way they are effective is via targeting.
From the customer perspective, it works. The main problem is price competition for access to audiences. That's why fb revenues are what they are. The ads work, largely because ofntracmjng/targeting.
jimbokun 4 days ago [-]
What is a modern media company if not a targeted advertising company?
The amount of subscription driven media today is relatively a very small part of the industry.
pjmlp 4 days ago [-]
1 is certainly happening in agency delivery work.
Most language translations and asset creations for CMSs are now AI driven.
In big corps delivery teams were already being reduced by relying in LEGO building with SaaS, iPaaS and serverless/microservices (aka MACH architecture), now with agents, the integrations teams get further reduced into writing the tools/skills modules instead.
aurareturn 4 days ago [-]
Why is #1 hypothetical?
If 1 employee can do the work of 3 now but Meta's TAM can't grow 300%, then they can cut some employees.
In other words, worker productivity might be higher than what the ad business can grow into, so Meta can safely cut cost and still hit their growth targets.
Edit: I should be clear that I think #1 has been achieved for software development.
bandrami 4 days ago [-]
Because I think "1 employee can do the work of 3 now" still hasn't actually been demonstrated
shawabawa3 4 days ago [-]
> Because I think "1 employee can do the work of 3 now" still hasn't actually been demonstrated
1 employee doing the work of 3 is I think is a stretch
but 1 employee doing the work of 1.1 employees from a year ago I think is almost certainly true - at least, me and everyone i work with is _at least_ 10% more productive, and using AI extensively
steveBK123 4 days ago [-]
Right
I think orgs are unclear how to wield this yet though
In my 20 year career I’ve rarely been on a team with more than 3-5 people on a team or within region on a team.
So at that scale it’s not really reducing a team member on a given team still. But you get more productive which is notoriously hard to measure in SWE, so yeah. It’s possible that translates to iterating faster or closing tickets further down the backlog which is useful but not per-se staff reducing.
Maybe in mag7 where you have massive engineering orgs the 10% can impact a given team more..
Barbing 4 days ago [-]
I wonder what proportion[1] of knowledge workers believe they have at least one colleague who the business would be better off replacing with software
and how many of them are totally wrong, or right about it!
[1] and how it might be changing with new generations of models
bandrami 4 days ago [-]
I think the bigger issue is employees who can largely just not be replaced.
For all the hype about the 1X vs 10X distinction the real stumbling block is how many 0Xes there are out there and how frequently they tend to make it through hiring.
jimbokun 4 days ago [-]
We’re seeing multiple reports now of the number of PRs being closed increasing by 1.5x and that sounds about right.
amelius 4 days ago [-]
Ask professional translators.
DonsDiscountGas 4 days ago [-]
Pretty sure it has for coding
oytis 4 days ago [-]
Personally, no, haven't seen it in professional settings. Colleagues using AI heavily did not show any superhuman development speed, but definitely increased review burden compared to writing code by hand.
bandrami 4 days ago [-]
I'm not seeing it if that's true. None of my vendors, none of my open source upstreams, and our own dev team haven't actually been getting software out faster than they were a couple of years ago. As a sysadmin docker had a bigger impact on my work in its first few years than LLMs have in theirs.
4 days ago [-]
hansmayer 4 days ago [-]
> f 1 employee can do the work of 3 now but Meta's TAM can't grow 300%
If you go by the measure of LoC per employee, then your number is probably even higher, somewhere between 10-20x per employee. The problem being, producing 10.000 lines of AI-slop per day is not a good productivity measure - all it does is create more technical debt and issues that now nobody is reviewing because a) people get fatigued and at some point just wave the AI-slop through b) there is not enough manpower because people got laid off because of "AI" c) People are generally feeling irritated by being asked to review and correct AI slop. There is a societal pushback brewing and it won't be nice for the so-called AI in the end. Think about the fact that most people who are exhilirated by the "AI" are either incompetent or incompetent and old. Most of the young folks, even those not in the technical domains, firmly reject AI. When did you ever hear of a revolutionary new tech that was actively hated on by the young people?
> Edit: I should be clear that I think #1 has been achieved for software development.
Maybe in the world of WP-plugins/typo3 and other simple work, though even those are fairly complex in their own ways which the retard-LLMs will trip on fair amount of times. Not if you are doing anything remotely complex. The retard-LLMs will still either put your secrets in plain text, suggest the laziest f*ing implementation of a problem etc. It's just a shitshow nowadays, compounded by the LLM companies trying to keep the costs low (and therefore keep the "users" hooked), which they currently accomplish by shortchanging you and dumbing the LLMs down - because otherwise they'd have to charge for true cost - upwards of tens of thousands of dollars per seat - which would render their initial value proposition completely useless. Something has to give.
zeroonetwothree 4 days ago [-]
I have seen some internal data from one large company that LOC went up 100% but actual features shipped to customers went up only around 10%.
Now not all the extra code is necessarily useless (you can imagine some refactoring or perf improvements) but clearly a lot of it is.
We still aren’t very good at knowing how to use AI judiciously.
tren_hard 4 days ago [-]
funny you say this, my meta swe friends have been talking about how many more loc they have been producing since they were given llms tens of thousands more. the thing i have found most interesting is how that seems to be the only metric that actually matters to them. just generating more and more.
hansmayer 4 days ago [-]
Give a man a hammer...and tell him his performance review outcome is tied to his use of that hammer -> then watch every problem being, for the lack of a better term, nailed down . With the said hammer of course.
jeremyjh 4 days ago [-]
> Maybe in the world of WP-plugins/typo3 and other simple work, though even those are fairly complex
This was a reasonable position to hold 9 months ago but it’s absurd now. I’m not going to convince you - but you really should give it a try.
bandrami 4 days ago [-]
The thing is, in 9 months you'll still say that, talking about now. I know this because I've been hearing this for two years.
jeremyjh 4 days ago [-]
I was saying the same thing you are 9 months ago. It isn't the same people that have been saying this for the last two years. Every three to six months there is a new cohort.
hansmayer 4 days ago [-]
> but you really should give it a try.
That's cute, I hope you enjoy that high, it's really impressive at first - fyi -I've been using GH Copilot since early days (invited to early access) AND paying it for my entire company ever since MS published the first commercial plan. All the way to the latest entshittification drama with Opus 4.6 being pulled away and Opus 4.7 taxed at 7.5x rate. Yeah, its great for quick tryouts or similar. But using it in wider scope, with complex reqs and dynamic environment? Complete shitshow.
> This was a reasonable position to hold 9 months ago
Browse my comment history. There were people just like you, 6, 9 or 12 months ago telling me exactly the same. Some also threatening that I would "be the first to go away". Like I said, cute actually :) You know in January Dario Amodei announced again, AI would write ALL code in 6 months. Do you see it happening?
jeremyjh 4 days ago [-]
>That's cute,
What kind of smug asshole says something like this?
If you think early days of GH Copilot are remotely relevant to what is happening now, we do not live in the same world.
hansmayer 3 days ago [-]
> If you think early days of GH Copilot are remotely relevant to what is happening now
Let's learn some English grammar, I had said: "I've been using GH Copilot since early days" . Translated from plain English: "have been using..." = *an action or state starting in the past AND continuing UP TO the present time*. I did not say "I used it only during the early days and never again". Plus my team. Honestly - and it's only a hypothesis at this point in time I cannot prove, but I meet more and more people whose usage of LLMs seems to be seriously impacting their reading comprehension and writing skills. Do some LLM-detox, I mean this without any kind of disrespect.
> What kind of smug asshole says something like this?
I've also noticed over the years, the folks who get this offended are usually those who are uncertain about their opinion. I simply found your statement cute, that's all. You are obviously in the early stages of using it and I am assuming using it to alleviate your own little, relatively simple tasks in your job which otherwise would have been overburdening for you. It's only human to try and do so, but it hardly describes "productivity" the way you seem to think it does.
jeremyjh 3 days ago [-]
> You are obviously in the early stages of using it
I am not. You do not have any knowledge about what I've done or for how long. The arrogance is truly breathtaking. You should work on it.
I've also used GH Copilot since early days, ChatGPT since launch. I did not start using agentic systems (mostly Cursor) until about a year ago, and found them to be of little help in generating code in our large, long-lived and sprawling code base. Something fundamentally changed with Opus 4.5 but I didn't notice it for quite awhile because I had already constrained my usage patterns to what I thought I knew to be their limits.
> little, relatively simple tasks in your job which otherwise would have been overburdening for you
I have done that, and many other things. You do not know anything at all about what I have done with AI. You are projecting your ignorance in a way that makes sense to you, but it is still nothing but ignorance.
If you are actually interested in my recent observations I posted this in another thread recently.
if you start a sentence by "if" that's the hypothetical
maerF0x0 4 days ago [-]
Also investors are currently more interested in hearing "Business is booming and we handled it all with AI+Robotics+Automations" than "We hired people".
The sentiment is that the latter is more expensive and less flexible than the former... which seems backwards to me. (AI is expensive, robots are mostly not that adaptable to new tasks, automations only really help the most repetitive tasks and they must be rewritten/updated when the task changes)
pelasaco 4 days ago [-]
> 1. By making workers unnecessary (largely hypothetical right now?)
At least in the software development front, i really cannot see that happening.. until now we were all understaffed. Now it is the first time that actually with our team we can handle the workload properly.
silveira 4 days ago [-]
And sometimes 3 can be "every other CEO is doing it, let's do it too. At least we already have the narrative.".
Wololooo 4 days ago [-]
4. When the whole thing implodes, because at that point you need to keep the balance sheet as green as possible.
lumost 4 days ago [-]
Meta has no real product moats at this point. Yes, many of us still use instagram and facebook on occassion - but I'm not giving it any data beyond "what short form slop content will I accept".
The days of meta having network effects to defend its position are long gone, and I suspect we'll see the products die when an AI-first UX comes to mobile.
jimbokun 4 days ago [-]
The network effect is still there, they have billions of users who are on Facebook because friends and family are on Facebook.
lumost 4 days ago [-]
Are they really? perhaps it is just my social circle - but I've observed most of the group traffic having moved to SMS and WhatsApp. While WhatsApp is a meta product, the economics are extremely different.
There are really just a handful of people from my extended social circles still actively posting to FB/Instagram and that traffic is mostly drowned out by slop content.
DonsDiscountGas 4 days ago [-]
They're not really in trouble, they're still printing money. And I didn't know why they would need an excuse besides "this will help us print slightly more money" which everybody already knows.
loeg 4 days ago [-]
Yeah, this is a justification, but still -- they save single digit billions doing this, while AI capex is $150B (same timeframe) and RL spend is $16B. Feels like you could make the same cut from AI capex and barely notice a difference.
decimalenough 4 days ago [-]
My gut feel was that you can't be right, but it looks like you are: cutting 8000 employees * $500k/year total cost to company (rough but useful ballpark figure) is "only" $4B.
Cross-checking against actual expenditure, Meta spent $118B total last year, with the second largest component of total spending being stock comp at $42B, of which vast slabs went to the top leadership that's presumably also not getting fired.
bandrami 4 days ago [-]
Though not all of that capex is cash; there's a whole phantom wampum AI economy where the big players are trading promissory notes for compute that doesn't exist yet (and may never exist) some time in the future and booking it as revenue.
loeg 4 days ago [-]
Maybe you're thinking of AWS/Azure/Oracle? Meta isn't selling their compute.
bandrami 4 days ago [-]
Meta plays that game too; they're on the hook to buy compute that CoreWeave has yet to build (and may never be able to build) which counts as "revenue" for CoreWeave and an "asset" for Meta even though no actual money or compute has changed hands.
gostsamo 4 days ago [-]
Meta promised to buy dc capacity for ai workloads. If I remember it correctly, it created a common company with an investment fund as well that took on debt to build capacity.
You calculate the cutoffs as savings for this years while imagining that the future payments are payments only for this year. At the same time the commitments are for 5-20 years ahead and the laid off people would be off the payroll for the same multiple years ahead.
TheOtherHobbes 4 days ago [-]
These games are far more dangerous to the industry than "AI now = badcode future".
They're a suicidal bet, because they assume cloud LLMs are efficient and inevitable.
Neither of those is true, or even likely, and we're going to see the consequences by the end of the decade.
loeg 4 days ago [-]
The figure I've seen floated is $6B, but yeah, same idea.
sulam 4 days ago [-]
It’s slightly more nuanced than layoffs = capex. You’re right, they don’t. That said, they do create free cash flow, which the market uses as one important input into the value of a given stock. Moving FCF positively when capex spending is moving it the other way is the real financial accounting move that is happening here.
zurfer 4 days ago [-]
salaries are opex, data centers are capex, you can't compare them in the same timeframe.
4B over 5 years is 20B, which is significant.
Yeri 4 days ago [-]
4B over 5 years is still 4B. It's 0.8B/yr
bnj 4 days ago [-]
If I read it right, the 4B ballpark figure is based on total annual per employee cost of 500k * 8000 employees, so the figure is actually 4B/year. 20B over five years.
bandrami 4 days ago [-]
I think any company that is seen to reduce capex right now is going to be the Bear Sterns of this cycle
Schlagbohrer 4 days ago [-]
Is this because you think the market will short sell them, or because capex is so worthwhile right now that a company which doesn't invest will fall fatally behind?
bandrami 4 days ago [-]
The former; I think there's simply not the capacity to build the infrastructure that would be required to significantly improve the current tech as much as is expected (and there may never be the capacity to build that much infrastructure).
There's a whole lot of circular funding being passed among the same dozen or so companies right now with very little actual construction or assets to show for it and at some point someone will be holding the bag when actual money is called for, and nobody wants it to be them. The parallels with both 2008 and the '90s S&L crisis are troubling.
red-iron-pine 4 days ago [-]
"they're not even trying to catch up"
NewJazz 4 days ago [-]
Doing slightly less than 150b looks bad to investors. Or at least it looks small.
fmbb 4 days ago [-]
Imagine the productivity gains if they just spent $150B on booze and cake for employees!
mrweasel 4 days ago [-]
That is one of my huge complaints about the current levels of AI investments. You can do pretty much anything you want if you got $150B to spend, and then you go burn it on being uncompetitive in the AI space. Then you have the $80B Metas Reality Labs spend on a failed virtual reality and a pair of Ray-Bans.
It's not like Meta has nothing to show for the money it spend, but it seems like they could have spend that money on improving Facebook or Instagram, not that I think Zuckerberg really cares about those product anymore.
jimbokun 4 days ago [-]
Yes but would an improved Facebook and Instagram bring in more revenue than the current shitty Facebook and Instagram?
sleepybrett 4 days ago [-]
he doesn't but increasingly people don't care about facebook, and that will come for instagram as well. These social apps seem to be .. generational. Boomers use facebook and they are dropping like flies. Twitter has it's own cohort, instagram it's own. I don't expect these products to last forever, tiktok took a huge bite out of instagram. These are fad products.
Mark is just looking for the next fad.
whatsupdog 4 days ago [-]
And coke. Not the cold drink.
blitzar 4 days ago [-]
you get another taste of coke every time you clear 100 tickets. not the cold drink.
DarkNova6 4 days ago [-]
In other words: Nothing has changed.
Finance is destroying the real economy in search for "optimization" because business value doesn't neatly fit into an excel sheet cell. All these layoffs have been done because of AI washing right from the start.
NickC25 4 days ago [-]
The desire for financial hyper-optimization has been killing the economy for a very long time, not just recently due to AI.
That said, AI isn't helping.
xg15 4 days ago [-]
I think in several ways the promises of AI to leadership is taking jobs not what AI is actually doing.
HarHarVeryFunny 4 days ago [-]
Absolutely.
Promises/hopes of what AI can do, and also execs being misinformed about what their own companies are doing/achieving with AI. I know of one very well known large company where the CEO is in the press preaching about the need to restructure/layoff because of AI, yet in the trenches there is close to zero AI adoption - only contractors claiming on their JIRA close-outs to be using GIT copilot because they have been told to say so.
paodealho 4 days ago [-]
> execs being misinformed about what their own companies are doing/achieving with AI
And a bunch of yes-men down the lower layers of management funneling these ideas.
In a meeting at my last job, one of the execs was bragging about how a chatbot was reading Jira customer service tickets and calling tools/APIs to solve those tickets, and it "only costs 1.5USD per ticket. How much would a human cost, huh?"
Little did the exec know, but my team was already using a ~600 lines python script to solve the problem with a higher rate of precision. The chatbot-automation thing was largely pushed by my manager when I was out on vacation, just so he could earn his good-boy points with higher ups. Worst manager I've had in my 14 years of career btw.
glouwbug 4 days ago [-]
Funny how AI took all the jobs, but not from automation
1vuio0pswjnm7 4 days ago [-]
There is only one reason to terminate large numbers of employees at the same time
1. Cut costs
There are multiple reasons companies may need to cut costs. Generally, historically, they are not positive
One of them is that, internally, the business is not doing well or the company believes there are problems on the horizon
Perhaps a company that is healthy and optimistic about the future could at the same time be conducting successive rounds of layoffs
But are there many examples of healthy, shrinking companies from history
Usually company growth is taken as a sign of prosperity. Multiple rounds of layoffs are not. More like survival mode
But of course this time it will be different and the remaining employees after the layoffs have nothing to worry about
dheera 4 days ago [-]
> not because AI is doing the work they used to do
No, it's absolutely happening that way.
I work in tech in a senior IC role. I'm now expected to single-handedly do the work that I would previously have led a team of 5-10 people to do. The junior ICs, we aren't really hiring for. This is not specific to my company, it's like this across the board.
riteshnoronha16 4 days ago [-]
Yup feels like it.
giancarlostoro 4 days ago [-]
I mean AI was auto-warning me for a Facebook comment I made, which was a somewhat widely known internet meme. Long story short, video of a young girl (maybe 8 or 9 idr) with a GIANT spider on her hand. I wrote the words "Put that spider down, we have to burn down the house" and Facebook's AI flagged it, I tried to appeal, a human allegedly reviewed it and denied it, because they didn't understand a subtle meme. That's when I knew, I had to stop logging on to Facebook altogether.
This was in 2022... So I cannot imagine how much worse the "automoderation" will probably become.
ljm 4 days ago [-]
The WWeWork model of being in real estate and not tech, I guess.
Given the unironic use of 'woke mind virus' by certain billionaires, there's something to be said about the sudden obsession of building data centres, no expense spared.
bandrami 3 days ago [-]
It's weird though: everybody wants to be seen to be building data centers but nobody is actually willing to put down the money to do this (except Oracle and I think it's universally agreed they're probably going to be destroyed by this). Half of the deals announced to begin in 2025 still haven't started yet, and that's with a very generous definition of "started" that basically just means "broke ground". Now some of that is an unexpected wave of populist datacenter opposition gumming the works (though I would argue that should have been expected and mitigated), but a lot of it is just a plain old lack of steel, engineers, and power, which are things everybody knew about before these deals got inked.
hintymad 5 days ago [-]
Let's be honest, Meta over hired. Big time. If anyone ever interviewed a few Meta engineers, he would easily see that a large percentage of them had really small, and sometimes bullshit scopes. As a result, such engineers couldn't articulate what they do in Meta, couldn't deep dive into their own tech stacks, nor could solve common-sense design questions when they just deviated a bit from those popular interview questions. Many of those engineers were perfectly smart and capable. Meta have built so many amazing systems. So, the only explanation I can produce is that there's just too little work for too many people. I wouldn't be surprised if the ratio of meeting hours over coding hours per person went through the roof in the past few years in Meta.
culi 4 days ago [-]
People bring up "overhiring" every single time. We've had like 3 years of these massive layoffs already. How many "corrections" do they need?
I'm beginning to feel like the "overhiring" line is a concerted campaign
hn_throwaway_99 4 days ago [-]
I posted another comment about this, but I think that "overhiring" is actually the true answer, but it actually encompasses 2 separate phenomena:
1. Companies overhired during the pandemic because they thought we'd all want to be online only forever or something. I agree with you that a lot of that "hangover" has already been wrung out of the system.
2. The other issue, though, is that the ZIRP era lasted over a decade and ended in 2022. Companies pushed a ton of money into speculative projects that never went anywhere. Even when they were successful in terms of usage data, a lot of them never made any money (think Amazon's Alexa devices division - tons of people use Alexa, but they use it for like the same 5 or 6 basic tasks, as hardly anyone is doing lots of shopping over a voice interface, which is how Amazon thought they'd make money). The ZIRP era is over, so not only do these companies need to unwind these structural misallocations, but unless it's AI or AI-adjacent, there is 0 appetite for this kind of "let's just throw a lot of stuff at the wall and see what sticks" mentality.
Heck, Meta spent many billions on the Metaverse, and that went nowhere. Yes, they've had previous rounds of layoffs, but I don't think it's that surprising that it's taken multiple years for them to unwind that bet.
dbgrman 4 days ago [-]
its not a 'concerted campaign'. meta laid off 4300 in 2025, but by the end of the year was actaully ~4800 higher than before. If that is not 'over hiring', i dont know what is. The headcount went from 74K in dec2024 to 78K in dec2025, even WITH the layoffs.
There is no "workforce reduction". its just "we need new faces around here". Hire-to-fire.
margorczynski 4 days ago [-]
I think it is also a matter on how the Meta stock comp works - and that people hired during the slump in stock price became very expensive once it came back up.
2 days ago [-]
cheschire 4 days ago [-]
More like “we need to lower median salary”
ryandrake 4 days ago [-]
In the year 2040, they’ll still be using the same excuse. “BigTech lays off another 10,000 from all the overhiring done 20 years ago during COVID!”
edmundsauto 4 days ago [-]
It’s almost as if a group of 80,000 dynamic humans in a wild uncharted environment might mean decisions are made that have to be re-evaluated in a year!
reverius42 4 days ago [-]
And then how many years in a row after that can you keep blaming the single re-evaluated decision?
mh- 4 days ago [-]
Overhiring wasn't a single decision.
bux93 4 days ago [-]
Firing 10% every year is just good old Jack Welsh-style workforce intimidation.
TJTorola 4 days ago [-]
Eerily close to Roman decimation.
bilbo0s 4 days ago [-]
Where do you think Jack Welch got the idea from?
CamouflagedKiwi 4 days ago [-]
It could easily be several more, if they are 50% bigger than they need to be, and they're firing 10% at a time.
sokoloff 4 days ago [-]
And for even longer if they’re hiring 8-10% per year through normal processes.
thrawa8387336 4 days ago [-]
They overhired, made a mess with people who are not very passionate. Then they fired but they fired all kinds, including some very good ones. Then they are still stuck in that loop and thinking AI is a solution to that
tshaddox 4 days ago [-]
Well, one could start by looking at how their total employee counts have changed between now and the beginning of the pandemic.
I’d be surprised if the multiple rounds of layoffs has left them with fewer total employees than January 2020.
burnte 4 days ago [-]
I can understand that, but when you have a dozen friends in these companies talking about how overstaffed they are and the whole "FAANG companies keep devs on payroll just so they can file 5k people to make investors happy" thing makes sense. None of these companies actually pause hiring when these layoffs happen, which is a major indicator of what's driving the layoffs. It's all artificial.
postexitus 4 days ago [-]
Name one product that Meta created over the last 10 years that mattered - beyond adtech. They can fire everyone in every team and just retain ads (tech and sales) - and some minimal setup for instagram and whatsapp and facebook and their revenue will not take a dent. So, yes, they overhired.
muragekibicho 4 days ago [-]
This comment put everything into perspective.
I can't name anything beyond Facebook, Instagram or Whatsapp that Meta's created and I've used in the past 10 years.
I've never even (knowingly) used the LLama models tbh.
subpixel 4 days ago [-]
If you consider Marketplace its own product it’s a massive win but they haven’t monetized it beyond some very ineffective post boosting and advertising. I honestly think they could charge 10% of list price for items over $50, plus membership levels that reduce or remove listing fees. and make a significant amount of money.
avgDev 4 days ago [-]
I am so disappointed that Marketplace killed craigslist. Marketplace search is awful. It is probably the worst shopping I have experienced.
postexitus 4 days ago [-]
Did it though?
subpixel 4 days ago [-]
The disappointment needs to be directed at Craigslist, which sat on its hands and let FB eat their lunch.
And while FB marketplace search kinda sucks the algorithm is supremely effective at surfacing listings based on your searches and activity.
avgDev 4 days ago [-]
I use marketplace to search for cars, and the algorithm is beyond frustrating. I just want some decent filters. How a company that big can create something so terrible is beyond me.
bluecheese452 4 days ago [-]
Nah if that happens we all go back to craigslist or wherever.
b_t_s 4 days ago [-]
true. It's like the the only reason I open FB anymore....craigslist that isn't a PITA.
postexitus 4 days ago [-]
Oddly enough - facebook groups are not terrible for very niche hobbies. Not sure what makes them attractive, but the groups are there. Thinking about it - there is really no alternative. My Retro Computing group is there, car owners group is there, very niche metal bands' posters group is there.
Twey 4 days ago [-]
And WhatsApp and Instagram were acquisitions, not creations.
2 days ago [-]
sph 4 days ago [-]
Oculus? Not created, but if you buy a VR headset, Meta Oculus is one of the top choices.
postexitus 4 days ago [-]
True - although let's call it what it is now: it's a flop. They are going to wind Oculus down or sell it- it's going to happen before 2030.
kilroy123 4 days ago [-]
I would say the Quest 2 and 3
postexitus 4 days ago [-]
It is a flop - very likely to be cut in the next 5 years.
wakawaka28 4 days ago [-]
It is no doubt a campaign or at least a meme. It seems basically impossible for everyone to have overhired, for the simple reason that qualified workers do not appear and disappear from nowhere. There is a population of qualified workers in the software sector, and only new grads and retirement can move the needle significantly. So, if someone overhired then someone else must have done without, all things considered. The only ways out of the pool are basically retirement, career change, and death.
I know there are complications with this argument. For example, unemployment could double by basically doubling the average time to find a job. That kind of thing could support an overhiring thesis if the unemployment rate in tech got very low. To really test the "everybody overhired" thesis, I think you need to do a full accounting of early careers people, unemployed, retired, etc. I'm not gonna attempt that...
chabons 4 days ago [-]
“There is a population of qualified workers […]”
In my experience, this is not true. Demand for software engineers has been so high, and pay so high as a result, that it’s pulling in workers from adjacent industries. The total software-qualified workforce is larger than the set currently working in software, and people with transferrable skills move in and out of software as incentives dictate.
A number of my current and former coworkers are from math and physics backgrounds (CFD, energy, etc…). These are folks that before might have stayed in academia, or ended up in aerospace, defense, or other engineering fields.
If everyone over hired, demand drops, and companies drop pay as a result, I’m sure we’ll see some folks in software with transferrable skills move to other industries.
wakawaka28 3 days ago [-]
You may be right but it's not high pay alone that draws in people from other industries. Standards must be relaxed to accept people from unconventional backgrounds. When conditions tighten, many of these people are simply not competitive enough to get another job. When it comes to aerospace, defense, academia, etc., opportunities are more scarce in those fields than in software the past few years also. It is this, not just the pay, that drives people to software.
I'm not saying people with odd backgrounds can't ever make it. But let's be clear, these are not usually hot shots who can simply get any vaguely technical job they want. They get into software because it is traditionally very accepting of uncredentialled or non-mainstream individuals. The framing you put forward makes it sound like the people committed to software are chumps who have to take what they're given, and these interlopers are the real geniuses who leave for greener pastures with ease. That simply isn't true.
chabons 2 days ago [-]
> "[…] and these interlopers are the real geniuses […]
This wasn’t the framing I was going for. My point was that industry boundaries are fluid and expand/contract as demand dictates. You’re correct that incentives are not all positive (pay, work life balance, perks), other industries contracting might force people to find work elsewhere.
All that said, I don’t think these people have “odd backgrounds”. I work in a math-heavy domain, so these backgrounds make as much sense as a traditional CS background, and I think these folks are just as likely to be retained in a crunch.
wakawaka28 2 days ago [-]
That depends very much on what kind of software you are writing and how good you are at it. I do not think math makes as much sense as CS for general software jobs. It might not count against you very much, but I wouldn't go so far as to say you're on the same footing as someone who dedicated their entire studies to CS. There are way worse backgrounds you could have besides math IMO. I would not want to be an English graduate who switched to software engineering. I've heard of some of those people.
Software engineering is unique among engineering fields in that it accepts people without the right credentials, and sometimes without any credentials. Other engineering fields not only require matching credentials but also have professional certifications. I don't think I would enjoy taking those very much, but after seeing some of the crap that people get away with I have fantasized about having such a process to filter people out.
computably 4 days ago [-]
> It seems basically impossible for everyone to have overhired, for the simple reason that qualified workers do not appear and disappear from nowhere. There is a population of qualified workers in the software sector, and only new grads and retirement can move the needle significantly.
SWEs (and most any role for that matter) definitely can be minted in ways besides graduating with a relevant major. On top of that there's also H1Bs and contractors. Plus "overhiring" doesn't necessarily just mean absolute headcount, it could be compensation, scope, middle managers, etc. The definition of "qualified" is also malleable depending on the incentives.
> So, if someone overhired then someone else must have done without, all things considered.
Beyond the previous points, this also assumes the supply of labor is independent of the demand, and it's clearly not. As the demand increases, so does compensation, outreach, advertising/propaganda, etc. Everybody can overhire simultaneously as a result of pushing for growth of the supply of labor.
wakawaka28 3 days ago [-]
We can both "yeah, but" this to death. You make some valid points but I think my observation generally holds. The supply of workers is not so elastic, at least if you have real standards for the workers such as college degrees and so on.
sokoloff 4 days ago [-]
> There is a population of qualified workers in the software sector, and only new grads and retirement can move the needle significantly.
“Qualified” is doing a lot of heavy lifting there. Just like the first dotcom boom and crash, there were people in other fields who got into software during the boom time and went back to whatever other field after the crash.
eloisant 4 days ago [-]
Also there isn't one profile of software developers.
At least 3 tiers: the FAANG level, the mid-size tech companies, then all the developers working for non-tech companies/administration or in IT service companies.
Even in those categories, workers aren't swappables.
wakawaka28 3 days ago [-]
If they're not swappable, that supports my claim about scarcity even more. But I also have people here saying that you can swap in anybody vaguely technical, sometimes without credentials at all, to fill these roles even at FAANG.
I happen to think workers with minimum qualifications like a CS degree can be fairly swappable, at least more than FAANG types would have us believe. But they're very elitist when it comes to hiring. I have practically given up on being hired at FAANG companies, and these days I think their jobs are overrated too. Sign up to bust your ass 50 hours per week with backstabbing snobs, till you get laid off unceremoniously. I'd rather not.
wakawaka28 3 days ago [-]
That might be true but how many of these people are there, really? I'm not convinced that many companies are hiring these barely-qualified people.
theshackleford 4 days ago [-]
> It seems basically impossible for everyone to have overhired, for the simple reason that qualified workers do not appear and disappear from nowhere.
Not everyone, but it go through the roof, or at least it did in my country. I know a lot of people who doubled or even tripled their salary during that time as these companies went absolutely ape shit. They were getting 50k increases with each position change. I've not seen anything like it before, and I honestly wonder if i'll ever see anything like it again. Kinda wish i'd been in the job market at the time, but I was off with health issues sadly so missed that boom.
> So, if someone overhired then someone else must have done without, all things considered.
They did? Again, at least in my country. Smaller shops felt the pain, as tons of people left for the pastures of big tech.
> Small businesses have been identified as the biggest losers of the 2020–2022 explosion in big tech hiring. While demand for digital transformation grew to previously unseen levels, smaller firms and businesses were severely disadvantaged by intense competition from large companies for talent, resulting in a multi-year skills shortage where less than 50% of small business vacancies were filled, compared to 65% for large firms
sureMan6 4 days ago [-]
Overhired has nothing to do with the talent pool and just means they hired more than they actually needed or wanted, if the talent pool is large enough then everyone can overhire
wakawaka28 3 days ago [-]
Of course the judgement about whether people overhired is subjective on a per-company basis. My point is, you can't hire people who don't exist, and the ways to get people into the industry are limited. All other things equal, we would expect massive overhiring to be matched with very low unemployment in the industry, and the correction should not go below some baseline.
bobmcnamara 4 days ago [-]
Unemployment is an economic feature for wage modulation, not a bug.
rsanek 5 days ago [-]
Meta has about 10% more employees now than they did at the end of 2021. They currently have less than half the employees of Google or Apple; only a third of Microsoft. If you're right, the rest of big tech is in a much worse position.
disillusioned 5 days ago [-]
Yeah, but, just objectively speaking, look at how many _more_ business lines and units and actual PRODUCTS each of those other companies ship in comparison.
Meta has... Facebook. Instagram. Threads, if you want to count it. What'sApp. The ad-tech that powers those things. A black hole of a VR division that has since been eviscerated after billions burned. An AR/device divison that sells glasses. And a burgeoning supernova of an AI division, just one singular hire of which is responsible for $1.5B in pay (over 6 years).
Google/Alphabet has........ an entire consumer hardware family ranging from cameras to doorbells to smart displays to streamers, YouTube, YouTubeTV, Android, Chrome, Google itself, Gemini, GCP, Waymo, GoogleFi, Google Fiber, Ads, Infra/Analytics, Maps, dozens of other apps... on and on.
Microsoft has Azure, Windows, Office (each of which are obviously _suites_ of more complex software), Xbox, LinkedIn, Dynamics, Surface, etc.
If anything, Apple _might_ be a slightly closer analog to Meta in that they're just a bit more limited, but their hardware engineering side is obviously a massive part of that, supply chain, software, MacOS, iOS, all of their adjacent first-party apps, App Store, iCloud, AppleTV, retail...
Meta just... isn't in the same league in terms of pure surface area. Mark just leaned extremely hard into acquiring as much nascent talent as possible and hoped he'd have the use cases to make it make sense but was content to spend the money in the meantime on looking busy. Now that CapEx has to go to compute/DCs/GWs for their AI which... kind of no one wants? But he's going to bet as much of the company as possible to stay relevant and try to be a player in the space. He's just doing it in this tail-wagging-the-dog hyper-overpay-individual-researchers approach that, from the outside at least, seems extremely risky...
akdev1l 4 days ago [-]
I am convinced Mark Zuckerberg does more harm than good for Facebook
like literally they lucked out on the landing the business model early but it feels it has been in an ongoing decline and everything else they have tried has failed spectacularly (and particularly things Mark has put his whole weight behind)
They never became anything more than the ad company
rao-v 4 days ago [-]
Alright, apart from Instagram, WhatsApp, Llama 1 & 2 and somehow managing to sell nearly 10M less nerdy google glasses what has Zuck done for FB?
b00ty4breakfast 4 days ago [-]
Pretty sure they bought Insta and Whatsapp. I mean, that's not nothing, buying a successful business and keeping it successful for over a decade. But neither Zuck nor Meta made those platforms; they were both established successes in their own right before acquisition.
matwood 4 days ago [-]
> keeping it successful
I’m no Zuck fan, but he’s done much more than keep them successful, they have grown a lot.
I remember everyone making fun of him for overpaying for IG and WA. Now both in hindsight look like amazing acquisitions.
alex1138 4 days ago [-]
The "amazing acquisitions" should be antitrust. Whatsapp is a non starter given what Brian Acton reported. I'll never use it. People widely report they ruined Instagram and Zuck came back furiously explaining in an email chain later "oh sorry I didn't mean to say we're killing the competition" probably after a lawyer scolded him
hn_throwaway_99 4 days ago [-]
This is the case with most tech companies. Google bought Android, YouTube, DoubleClick, Maps, etc. etc.
happymellon 4 days ago [-]
Although in this case Meta bought companies that were already established and successful.
Google bought Android before it had released products.
Google Maps was purchased, but was Where 2 actually a successful product prior to that?
hn_throwaway_99 4 days ago [-]
I feel like you just cherry picked from my examples. YouTube was certainly successful - Google bought them because their own Google Video competitor was a flop. DoubleClick was also obviously huge. Where 2 had a successful product, it just wasn't web based (nor do I think free), so didn't have anywhere near the distribution that Google enabled once the team ported it to run in a browser.
magicalist 4 days ago [-]
I think there is a difference in at least degree here (maybe in kind, idk) that's lost by lumping them purely on acquisition or not, but I do largely agree with your point.
But just wanted to correct for the historical record:
> Where 2 had a successful product, it just wasn't web based (nor do I think free), so didn't have anywhere near the distribution that Google enabled once the team ported it to run in a browser.
Where 2 did not have a product, successful or not. They were an unreleased demo looking for investors and luckily got into a room with Larry Page of 2004.
happymellon 3 days ago [-]
Indeed, I think they used bad examples as neither Android or Where 2 were successful, but it also shows that Google has done a mix of buying something successful to fill a gap or find someone with a good tech that they help to get over the line and make successful.
Meta has not shown the second part.
happymellon 3 days ago [-]
I "cherry picked" from your examples because they weren't really good examples.
You said
> buying a successful business and keeping it successful for over a decade.
Meta bought already successful companies.
Google has purchased successful businesses, but they also purchased companies that weren't and managed to get them into massive money makers.
stephbook 4 days ago [-]
Only The Zuck saw the value though. Why didn't MS, Amazon or Google buy insta? Or some Softbank vehicle?
afavour 4 days ago [-]
I’m sure the others saw the value too. It just wasn’t worth as much to them as Zuckerberg was prepared to pay. Not surprising given it’s a service that directly competed with FB in the social space.
b00ty4breakfast 4 days ago [-]
Probably because Instagram wasn't a direct competitor to any of those other companies (except maybe Google+, which wasn't even a year old at the time that FB bought Instagram). I don't know why softbank didn't get them.
disgruntledphd2 4 days ago [-]
Instagram had around 10mn users at acquisition, so they might not have gotten to where they are without FB. Whatsapp was a successful product that didn't make any money.
eloisant 4 days ago [-]
They used the Facebook app to spy on smartphone users and detect Instagram and WhatsApp success to decide to buy them.
qwertybrah 4 days ago [-]
One step further. Besides Facebook itself whqt has zuck been visionary about ? Instw and WhatsApp was bought. He thought chatbots was the thing in ‘17, then abandoned it for VR and metaverse, all the while chatbots start taking off. Every time he’s in an interview he talks like he’s some savant, really he got lucky with fb and done nothing since
wjeje 4 days ago [-]
Let’s go another step further!
The continual success of fb and instagram has not come from zuck but through glorified A/B testing on steroids whilst lighting employee’s asses on fire each quarter to move the metrics. Visionary genius? My ass. Only Steve Jobs proved he is worthy of that title.
Bro is a fraud. He always was - remember he stole the idea for fb. Thankfully he’s getting found out.
philipnee 4 days ago [-]
i argue that most ideas aren't necessary novel, so stealing idea isn't necessary bad.... e.g. i don't think google search was entirely novel, but was well executed.
honestly - meta has built quite a lot of cool things, but c-suite is probably to be blamed for what's going on today.
wjeje 4 days ago [-]
No the strategy of having a professional looking social space in the web, specifically focused on college folks solely was novel - this is what he stole and without this it wouldn’t have gotten to the place of success it is today. Knowing about the technology is no good without a solid strategy - with a solid strategy anyone can raise the funding to go build it. It’s easy to know what to build when you have a vision specifically of what you’re building into.
Nobody else has this targeted focus.
degamad 4 days ago [-]
Search was not novel, but PageRank was novel.
philipnee 4 days ago [-]
was it actually? I don't know the full technical behind this but wiki does suggest: "A search engine called "RankDex" from IDD Information Services, designed by Robin Li in 1996, developed a strategy for site-scoring and page-ranking.."
This is before Google.
wjeje 4 days ago [-]
Correct
subpixel 4 days ago [-]
Stealing an idea is different from lying to people in order to steal their actual business, which is more like what Zuckerberg did.
hyperhello 4 days ago [-]
Did he really steal the idea? I thought the idea was just a message board for Harvard students. That isn’t novel.
wjeje 4 days ago [-]
If he didn’t steal anything why did winklevoss and another person at Harvard involved in the original project get a pay off…?
Do we really need to discuss this? He tried to screw another founder - the Brazilian - who got a pay off and now has a reported net worth in the billions.
razakel 4 days ago [-]
The original idea was this:
>I almost want to put some of these faces next to pictures of farm animals and have people vote on which is more attractive.
red_admiral 4 days ago [-]
Lots of things, but he then chucked all the profits at a stupid idea that he even renamed the company for.
nomel 4 days ago [-]
Look at Meta's profits by year.
Danox 4 days ago [-]
Meta profits are good but they’re closing in on the $100 billion dollar mark in their Meta Quest/AI fiasco just because you can afford it doesn’t mean you should do it. See another company called Oracle for a similar path.
philipnee 4 days ago [-]
build and tear down metaverse. zero sum.
flir 4 days ago [-]
The transition to mobile-first was a good call. Probably the last good call though. Oh, and buying Instagram.
stingraycharles 4 days ago [-]
And WhatsApp. And the VR glasses seem to be a success.
lotsofpulp 4 days ago [-]
And whatsapp.
Spooky23 4 days ago [-]
I think it’s hard to not have any kind of boss. There’s nobody to provide the critique needed to improve the products.
matwood 4 days ago [-]
> to improve the products.
Meta had ~100B in EBITDA (or 60B in net income) for 2025. What critique does he need from a product/business standpoint?
dpc050505 4 days ago [-]
Everyone has clients and if your employees aren't incompetent sycophants they can give you actionable feedback.
SturgeonsLaw 4 days ago [-]
Not a commentary on Zuck specifically, but many powerful people with fragile egos build an inner circle of incompetent sycophants
OccamsMirror 4 days ago [-]
My favorite story from "Careless People," was when his team let him cheat and ultimately win at Settlers of Catan.
OccamsMirror 4 days ago [-]
My favorite story from "Careless People," was when his team let him cheat and ultimately win at Settlers of Catan.
Danox 4 days ago [-]
Very true the White House currently is an example of that.
wjeje 4 days ago [-]
I mean he’s got boz in his circle - is that short for bozo?
alper 4 days ago [-]
The only good things at Meta are the things they bought (Whatsapp and Instagram). They haven't made anything original in a long long time.
adi_kurian 4 days ago [-]
Besides selling democracy for pennies on the dollar, Zuckerberg knew what to buy before everyone else knew what it was worth.
In 2012, everyone around me was lauging at the absurdity of a 0 revenue photo app getting acquired for $1bn. My peers/superiors in the ad business thought Facebook would flail in digital marketing. Oops.
The metaverse might be a big pile of bollocks, but isn't the whole point of being a billionaire to indulge peculiar unpopular obsessions?
wjeje 4 days ago [-]
No he bought everything out of paranoia to shut out competition.
They tried organically to replicate instagram etc but they failed even though they had wayyyy more resources. Their attempts sucked. So their approach was to target for acquisition or copy features if they couldn’t.
There’s plenty of evidence of this re. His comms around those events.
breppp 4 days ago [-]
Only someone who had so much luck in finding a product that clicks, would know the worth of buying such a product
alex1138 3 days ago [-]
Zuckerberg copied Snapchat like... 5 times at least? It should have signified to EVERYBODY he has sociopath-like behavior (in fact apparently on the Zuckerberg-owned Instagram, Snapchat content got demoted, or something) and how he is absolutely the same person that was willing to fuck the Winklevosses ("in the ear")
But I suppose that doesn't count because Winklevii "never would have come up with anything anyway"
Totally. I'm sure I'm not alone in saying that if I had to pick a FAANG to put all my retirement savings into Meta would absolutely not be my pick.
Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it.
dron57 5 days ago [-]
Meta is going to have higher ads revenue than Google this year.
torginus 5 days ago [-]
Social media is an extremely competitive landscape, with competitors rising overnight.
Google, Apple and Microsoft dominate the world with their products and platforms. Facebook & WhatsApp certainly doesnt.
John23832 4 days ago [-]
> Social media is an extremely competitive landscape, with competitors rising overnight.
This is not true at all. There are two players. FB/Instagram and TikTok. Using one does not preclude using the other. Other than tiktok, who was the last new player in social?
> Google, Apple and Microsoft dominate the world with their products and platforms. Facebook & WhatsApp certainly doesnt.
There are all kinds of social media, its segmented by userbase, and culture/geography.
Telegram has 1B users (which is surprising to me, I thought it was an ex-Soviet thing), and there are entire geographic strongholds, such as Russia and China.
Russia and China still use iPhones and Windows, but entirely skipped out on Facebook and Whatsapp.
lmm 4 days ago [-]
> There are all kinds of social media, its segmented by userbase, and culture/geography.
Your own link has Meta with 3 of the top 4 platforms. Can you really see any of the competitors overtaking them in even the medium term?
> Russia and China still use iPhones and Windows, but entirely skipped out on Facebook and Whatsapp.
China doesn't use Google either, and while they might use Windows they're staying off Azure which is where Microsoft's main business is these days.
Yes there are countries which stay off Meta. But they are just as embedded in the workings of the world as any of the companies you mentioned, probably more so. Government decisions are made by people using a mix of Apple, Google and Microsoft hardware - but all of them are communicating over WhatsApp.
aworks 4 days ago [-]
3B Facebook users!
And for all the scorn it gets on HN, Facebook still works for some of my use cases: high school friends, low-contact relatives, obscure geography groups, the Philippines.
tshaddox 4 days ago [-]
You don’t consider YouTube to be social media?
drivebyhooting 4 days ago [-]
I wish WhatsApp would get nationalized.
I absolutely hate having to use it.
canes123456 4 days ago [-]
That has been the talking point since facebook launched.
Rapzid 4 days ago [-]
It's not diversified enough IMHO compared to those other companies. That makes its market cap fragile and vulnerable to disruption.
alex1138 4 days ago [-]
I'm convinced all of Meta is fraud though so that's not surprising
matwood 4 days ago [-]
> Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it.
Short of social media being classified as something like alcohol or cigarettes, you will lose money on this trade. You’re betting against ingrained human nature.
loeg 4 days ago [-]
If you try and hold a short position for 25 years, you will lose all your money, even if you were right.
seattle_spring 4 days ago [-]
I'm convinced that 99.9% of folks online who claim they're going to "short a stock" have never actually shorted anything in their life.
rvz 4 days ago [-]
> Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it.
Not a good idea. Meta has hundreds of leavers to find more profits from anywhere.
snitty 5 days ago [-]
Apple also has an entire international retail arm.
pembrook 5 days ago [-]
And an entire desktop OS and desktop software suite in pretty much all categories to compete with Microsoft. Also their hardware business is roughly 50-100X the size of Google's hardware business in scale and distribution.
The headcount analog for Google is Apple. And if you subtract out the retail employees Apple looks surprisingly efficient, having much less non-retail staff than Google (although both heavily use contractors).
Meta on the other hand...is pretty much the definition of bloat.
jballanc 5 days ago [-]
It's been more than a few years since I worked at Apple, but they were always unique in the tech space in that their retail division dwarfed headcount. If I recall correctly all of OS X Lion was produced by around 3,000 engineers (and probably less, since I think that count included iLife and iWork).
bee_rider 4 days ago [-]
Aren’t they sort of unique in that they… have a retail division, as a real ongoing thing (I’m sure MS tried an MS store but I’ve never seen one).
Well, unique other than Amazon I guess.
BeetleB 4 days ago [-]
> And an entire desktop OS and desktop software suite in pretty much all categories to compete with Microsoft.
Not even close, if you include Office and Mail/Outlook. And if you include corporate clients, Apple is just not on the map. I've gone from a Windows first company to an Apple first company, and it's a night and day difference when you see how well integrated things were for Windows.
I mean, individually you can say Teams sucks (terrible, really). And Outlook sucks as a consumer. But the way you can get all these things working with Office was very convenient.
doublerabbit 5 days ago [-]
Meta has Facebook which was OG enough. MySpace was the real movement although you could argue LiveJournal was before that. Instagram was bought, WhatsApp was too. So really all Meta has is Facebook, everything else has been synergy.
Apple / Google and as I hate to admit are innovators of the modern tech world. While they've bought their fair-share they still produce and create and have existed prior 00's. Two devices dominate the market and it's not going to change any time soon.
You either use iOS or Google. Urgh, this is how the world has become. Windows or Linux, X or Y; why did Z have to die.
squiffsquiff 4 days ago [-]
By this logic you should factor that android was an acquisition, as were YouTube, doubleclick, deepmind and Waze
doublerabbit 4 days ago [-]
I forgot about that. Back to the drawing board.
ekropotin 4 days ago [-]
Apple innovate in hardware.
What Google innovated during the last decade?
moosedev 4 days ago [-]
Apart from the Transformer architecture that enabled the AI boom/singularity/civilization-reshaping-event/whatever-this-is? Not much, I guess...
slashdave 4 days ago [-]
> Apple _might_ be a slightly closer analog to Meta in that they're just a bit more limited
Seriously? Walk outside and see what people are holding in their hand.
screye 5 days ago [-]
Meta has 4 identical products, most of which have reached feature complete. They do few things, and make absurd amounts of money from it.
Google, MSFT and Apple do a lot more and most of their products have large feature backlogs.
Different scenarios
lmm 4 days ago [-]
The only part of Google that makes money is their ads business. And Meta is beating them at it.
postexitus 4 days ago [-]
You are wrong. Google makes ~73% of its revenue from ads compared to 98% in Meta.
canes123456 4 days ago [-]
Makes money, implies profit and not revenue
postexitus 4 days ago [-]
We have revenue breakdown. Where is the profit breakdown?
squirrellous 3 days ago [-]
Ha, probably nobody at Google even knows the exact cost of each of those business lines.
postexitus 1 days ago [-]
Yep - It's nearly impossible to assign profit to those things - we have X revenue from Android licenses, what's the cost of an android license? Is it all the R&D that goes to UI or hardware research? What's the cost of a Youtube Ad?
screye 4 days ago [-]
Google makes money on ads, because its products span the entire internet.
Youtube, Gmail, Search, Maps, Android, Devices, Photos and Drive are how they get the data to make money on ads. Cloud, Android & Youtube would be a 2 trillion dollar company even without Google. They don't make money on these, because they don't need to make money on it.
oytis 5 days ago [-]
Apple makes cutting edge hardware, at least two operating systems and lots of user applications. Google makes search, cloud, a decent office suite with the largest mail server in the world and of course cutting edge AI. It's easy to see why either of them needs twice as many people as Meta
akdev1l 4 days ago [-]
Also Google has a whole YouTube inside of it
fragmede 5 days ago [-]
Whatsapp powers entire economies, outside of North America. And then there's Instagram. If we're going by that reasoning, Meta's undersized.
clickety_clack 5 days ago [-]
That’s like saying email powers entire economies. It’s not WhatsApp that’s providing the value there, and if they press to hard to try and pull revenue from it, all that communication would flow into another channel.
michaelt 5 days ago [-]
> Whatsapp powers entire economies, outside of North America.
Whatsapp had 55 employees when Facebook brought them for $19 billion.
oytis 5 days ago [-]
Neither needs a lot of innovation, just some maintenance. How many developers do you think Telegram has?
shpx 4 days ago [-]
WhatsApp is one of the buggiest UIs I use daily. Random things like images/messages stacking on top of each other, seeing the HD and low definition videos as two separate things in favorites, never being able to view the HD one, sometimes the messages never scrolling quite to the bottom, just amateur level stuff, I'm a bit impressed with how bad it is.
Saline9515 4 days ago [-]
Whatsapp is 5 years late in terms of features if you compare it to Telegram. It is here simply because of platform economics, nothing else.
XorNot 5 days ago [-]
Except those are both done.
WhatsApp could not change for the next 50 years, and it would continue doing that just fine.
Macha 5 days ago [-]
Google and Microsoft have significantly more products. That's even just counting their consumer products, their cloud providers are a whole other kettle of fish.
pbreit 5 days ago [-]
"half the employees of Google or Apple; only a third of Microsoft"
That sounds like 2-10x too many. Think about what Google, Apple & Microsoft do compared to Meta.
seattle_spring 4 days ago [-]
Heck, I could build Facebook in a weekend!
pizlonator 4 days ago [-]
I would expect a company that makes some web pages to have less than half the people than:
- a company that makes the leading search engine, the leading browser, one of the two major mobile OSes, one of the major desktop OSes, some of the best ai hardware, and is in the running to win the ai race
- a company that makes the leading mobile and desktop OSes and the leading desktop and os hardware, one of the top consumer cloud offerings, a major online media store, and a popular consumer electronics retail store
pembrook 5 days ago [-]
Think about the scope of Apple's business (Hardware, Processors, Operating Systems, Software competitors for every app category, Physical Retail, Global Ecommerce, Global distribution networks, App stores, Payments, Credit cards, Banking, Music streaming, Film/TV studio, etc).
Now compare it to Meta, a company where the vast majority of revenue is essentially a few mobile apps with an advertising network. No operating systems, no processor design, and a few hardware boondoggles only 1/10000th the scale of Apple's, etc.
Now realize that, if you subtract out Apple's retail employees, they have roughly similar headcount to Meta.
Now tell me again that Apple is in a "worse" position than Meta on efficiency.
kaladin-jasnah 4 days ago [-]
> No operating systems, no processor design,
Meta bought Rivos, and as far as I can see do a ton of work related to Linux kernel stuff (I heard about this in the context of eBPF). But datacenter side, not consumer.
philjohn 5 days ago [-]
You're comparing Apples to Oranges (with Apple).
about half (80k) of the equivalent fulltime employees at Apple are involved in the store footprint, so they're retail staff in one of their main sales channels.
And as other's have pointed out, Apple has a far wider range of products and services than Meta, and produce far more hardware products, including their own cutting-edge SOC's. Meta, meanwhile, get Broadcom to largely produce their "custom ASIC's", not just fab, but deeply involved in design, tape out, and validation.
Aurornis 5 days ago [-]
> They currently have less than half the employees of Google or Apple; only a third of Microsoft.
Meta is the youngest company of that group. Apple and Microsoft have been around for over twice as long.
Meta also has the narrowest scope of those companies.
Really it's kind of amazing that Meta has so many employees relative to those other companies given how much narrower their business is. Puts the overhiring into perspective.
Lammy 5 days ago [-]
> If you're right, the rest of big tech is in a much worse position.
Part of “Big Tech” hiring isn't just to have an important thing for everyone to do but also to keep competitors from having access to those people.
akdev1l 4 days ago [-]
It was. Not anymore. See: layoffs.
jiggawatts 5 days ago [-]
Microsoft and Google have a vastly broader array of products and systems compared to Meta.
tootie 4 days ago [-]
Meta has substantially less revenue and less diversification than Apple or Google.
strongpigeon 4 days ago [-]
Meta is going to surpass Google this year in revenue. I agree on the diversification front though
gundmc 4 days ago [-]
> Meta is going to surpass Google this year in revenue. I agree on the diversification front though
Meta might surpass Google on _digital advertising revenue_.
Google's overall revenue is still ~2x Meta's
hintymad 5 days ago [-]
Not familiar with Microsoft. But it's definitely amazing that Google managed to grow itself to one of the most bureaucratic companies in the past 15 years. And yeah, it's bloated as hell.
Barrin92 4 days ago [-]
choosing 2021 is itself a really odd cutoff date to choose. The really bizarre hiring happened between 2016 and 2021 https://i.redd.it/c94hnp9kvzy91.png
They had 17k employees in 2016 and 80k in 2022. And given that a lot of the big tech companies looked like this albeit not quite so extreme I think it's right to say they might all have a glut of employees.
5 days ago [-]
wrigby 4 days ago [-]
I would argue that Meta had already overhired by the beginning of 2021, and the hiring spree was continuing.
disgruntledphd2 4 days ago [-]
Meta was over hiring engineers from about 2015, if we're being honest.
wrigby 4 days ago [-]
This is true, I just didn't want to admit it as someone who joined after 2015 but before 2021...
disgruntledphd2 4 days ago [-]
Honestly, every one after about 2014 was too many (I joined in 2013).
There was an old all hands I watched in 2014 where Sheryl talked about how around 8k was the largest they should ever get.
More generally I think that while sales scales linearly, engineering and product should probably be sub linear.
__turbobrew__ 4 days ago [-]
Microsoft expects less from their engineers, and it shows in the large pay differential from Meta.
compiler-guy 5 days ago [-]
Both Google and Microsoft are bigger, and with more products than Meta.
But both Google and Microsoft also massively overhired around the same timeframe as Meta, and are still digging themselves out of the mess of their own making. And making their teams pay for such stupidity.
Danox 4 days ago [-]
Not Apple, but if you see Apple join the layoff party, then you know things are really bad, however Google and Microsoft like Meta seem to go through this every five or six years.
PaulHoule 5 days ago [-]
The usual story is that revenue/employee at Facebook is crazy high.
postexitus 4 days ago [-]
Microsoft, Apple and Google have much more diverse revenue streams. Meta only makes money from Ads. Only. It's crazy.
coldtea 5 days ago [-]
>Meta has about 10% more employees now than they did at the end of 2021.
So? They likely already had too many in 2021.
>They currently have less than half the employees of Google or Apple; only a third of Microsoft.
Technology (hw/sw) wise, they also have 1/10 the internal tech and public product breadth and scope of Google or Apple and Microsoft. Maybe 1/50 even. They do like 4-5 social media and chat apps (that they hardly ever update anymore), and some crappy VR stuff nobody cares for.
pclmulqdq 4 days ago [-]
Most of these companies kicked off the over-hiring in 2020 during the COVID boom they experienced. It was done by end of 2021.
rokob 4 days ago [-]
This is actually a false premise pushed later to justify layoffs. They started overhiring in 2018-2019. They just continued a preexisting trend through 2021.
casualscience 4 days ago [-]
Are these meta engineers that were let go? The one thing you learn more than anything else as a Meta engineer is how to sell your work and how amazing it is
pipes 5 days ago [-]
Are you saying you interviewed meta engineers and found this? Or is this speculation?
ironSkillet 4 days ago [-]
I interviewed someone recently who worked at Meta a couple years ago. He was a software engineer, was paid a bunch of money to mostly up dashboards all day, and eventually quit because it was neither interesting nor challenging.
ironman1478 5 days ago [-]
I worked at Meta and they're spot on.
renewiltord 4 days ago [-]
I interviewed a Meta Senior SWE in 2023. Guy couldn't write the most basic Python loop. Attempts were made. I didn't expect a list comprehension. This was just a warmup exercise fizz-buzz level so everyone can feel confident and talk. Everyone just smashes it. I could have done it as a teenager. Had to call it off after 15 min of trying. It was too much. But he took it on the chin. "Yep, thanks, sorry I didn't get too far. Bad day, maybe" or something like that. Most confident guy I've ever talked to. I was impressed by that - to totally bomb and be cool about it. Good for him.
blharr 4 days ago [-]
The 3-year old anecdote is a bit pointless. It literally could have been a bad day. I've burnt myself out on a problem the night before and absolutely bombed simple interview questions, too. Or it just happened to be the least competent engineer at Meta. It doesn't give much information on their average employee, though
renewiltord 4 days ago [-]
Oh totally. In general I don’t think you can conclude anything about anyone, really. Yesterday they were someone. Today someone else.
mrweasel 4 days ago [-]
We had the same experience with Meta engineers. One candidate had been with Meta/Facebook for seven years and had nothing to show for it. They had an incredibly hard time articulating what work they actually did. It was something related to storage, but pretty much every answer was "well, actually someone else does that part". Also same experience with basic coding, no actual skills, yet somehow manages to have a CS degree.
Someone has to be doing the actual work at Meta, but that might not be the people who are seeking out new jobs. So we get this false impression that their engineers are a bit... not good, because those are the ones actually leaving.
pembrook 5 days ago [-]
As someone who has worked at big tech (and interviewed fellow big tech workers), I can confirm this is pretty typical.
People from Google, Meta, Microsoft, Apple, etc...it's all the same. Given the size of these organizations (anywhere from 100K-300K employees if you include contractors), there's a vanishingly small chance the individual you're interviewing had influence or responsibility over any important thing specifically. And if they were high enough on the org chart to be responsible for something real, they weren't ever hands on and just played politics all day in meetings.
Everyone will claim otherwise of course, but its all layers and layers of diffusion of responsibility.
The pace of work inside these orgs is, meet for months about a narrowly scoped new feature (eg. "add a 5th confusing toolbar to Gmail to market Google's 7th video call tool"), take months to build it and run it up the organizational gauntlet for approval, launch it and then chill for 3 months because nobody does anything big in Q4.
For many people at these orgs this is what an entire year of "work" can look like, for which they will be paid roughly $400k.
joenot443 5 days ago [-]
While at G I was one of three engineers working on a mid-sized iOS app. We shared ownership of the entirety of the codebase. It wasn't dissimilar to some of the other teams I've worked on at orgs of differing sizes.
> The pace of work inside these orgs is, meet for months about a narrowly scoped new feature, take months to build it and run it up the organizational ladder for approval, launch it and then chill for 3 months because nobody does anything big in Q4.
This sounds wonderful, it certainly wasn't the case for us.
operatingthetan 5 days ago [-]
I've contracted at several big tech companies and that other commenter is making stuff up. My experience was similar to yours, the engineers were very productive on impactful projects. I'm sure there is some dead weight in every company, but it's the exception not the norm.
pembrook 4 days ago [-]
It sounds like you have financial incentives motivating your desire to shape opinions on this issue. I already exited big tech so I'm able to be candid. But don't worry, giant companies aren't going to stop your gravy train, they already know you're not highly "productive" and "impactful." That's the point.
If you were actually important to the organization it would be a terrible mismanagement of the company. A well-run big org is designed such that workers are replaceable cogs in generalized salary bands, that's what makes the machine durable.
It's very easy to think you're "productive" and "busy" when your days are filled with meetings and trying to placate various groups of stakeholders. But if you look at your actual work output after a year in big tech, it's fundamentally low impact, and it's that way by design.
joenot443 4 days ago [-]
> it's fundamentally low impact, and it's that way by design.
I'd like to keep tugging on this thread, I find it interesting.
In my experience, everyone up my chain of command was motivated to derive as much impact from their reports as they possibly could. If anything, it felt as if the system was designed to reward impact above all else - promotions were given to engineers who could demonstrate their work on _____ increased _____ by x% driving revenue by y%.
Nowhere in the system seemed designed to reward low impact, it really felt the opposite.
When you were at a big tech co, your experience was different?
operatingthetan 4 days ago [-]
I don't work at the company that enabled that access anymore, so nice try. Frankly this was a poor attempt at a character attack.
compiler-guy 5 days ago [-]
The bureaucracy at Google has grown and grown. And then grown some more. But it is nowhere near as bad as the GP makes it sound.
mpweiher 5 days ago [-]
> People from Google, Meta, Microsoft, Apple, etc...it's all the same.
Hmm...it's been a while, but when I was at Apple one of the reasons given internally for why products were so much better than the competition (and they were) was that Apple typically had 1/10th the number of people working on a particular product or feature.
I wonder if that's still the case.
pembrook 5 days ago [-]
It was less true when I was there more recently.
But Apple is still amazingly efficient compared to others like Meta/Microsoft/etc if you just look at raw headcount vs. product/service/distribution surface area.
achierius 4 days ago [-]
Maybe not 1/10, but definitely on-the-order-of 1/4th or 1/6th as many.
mapme 5 days ago [-]
Who is more impactful, the startup engineer who singlehandedly ships a feature that increases a startup revenue by 25% off a base $5M/yr ($1M extra rev), or a Meta/Google team of 5 engineers who ship a .01% revenue improve off a base of 150B/yr (15M/5 = $3M/engineer).
As an engineer you are thinking about impact as 'scope' or 'features'. Leadership will be thinking marginally on what adding a net new engineer will provide to the business.
“Marginalism is the economic doctrine that we can best understand value by considering the question of how many units of a good or service an individual has, and using that starting point to ask how much an additional – or marginal – unit would be worth in terms of other goods and services.”
compiler-guy 5 days ago [-]
If some engineer optimizes something in the Google search stack that makes it, on average, just 0.01% faster (not 1%, but one-one-hundredth of a percent), then they have paid their salary for the entire year. Almost in perpetuity. No matter what level they are.
Very small gains multiplied out over extremely large amounts of compute over large amounts of time add up big.
And that's why Google can spend so much money on fairly small scoped teams.
pembrook 5 days ago [-]
A lot of rationalization for what is fundamentally just market inefficiency: economies of scale and network effects (aka Monopoly).
Remove Google's monopoly level distribution, and then build that feature and tell me how much revenue it generates.
The value is in the monopoly which was formed by the founders and all the early employees by having the right products at the right time decades ago, not in the "upgrade now" button some worker bee added to Gmail in year 25 of the company.
Yes, that "upgrade now" button probably does generate $100M in revenue per year. But the reason why isn't because of some unique engineering talent on behalf of the worker bee.
They just pay that dude so much because activist investors don't scrutinize costs too aggressively on growing monopolies (wait until revenue growth stops) and they value stability. If you don't value stability to the same degree (you aren't a massive 200K employee org), I wouldn't hire the "upgrade now" button guy.
1594932281 5 days ago [-]
I've also worked (and currently work) at a big tech company and personally this has not been my experience. I'm sure it happens but it's not typical.
ransom1538 4 days ago [-]
My famous interview question: "How do you copy a file to another computer?", I was told I need to tone down. It filters out too many entry/mid level candidates.
drivebyhooting 5 days ago [-]
Given how inefficient Meta et al are, why do the pay so much more than the nimbler smaller companies? (Rhetorical question, I already know the answer: monopoly and regulatory capture)
Of course those engineers would rather have more meaningful work if it came with similar compensation and work life balance.
VoidWarranty 4 days ago [-]
Hard to motivate people to work on things that destroy society. Money helps.
Want to see how motivated Meta employees are? Watch how fast their offices clear out at 5pm on the dot.
seattle_spring 4 days ago [-]
What do you think is an appropriate time for most employees to end their workday?
VoidWarranty 4 days ago [-]
I am a terrible person to ask. My employers get their money's worth from me: I genuinely like my work and regularly work more than 8hrs a day. I also work in a field with others who, with some exception, do the same, so its strange for me to see "normal people" clock out on the dot.
seattle_spring 4 days ago [-]
Have you considered that people can both like their work, and like other things at the same time?
Anon1096 4 days ago [-]
Meta offices are pretty full at 5pm lmao. In fact they are still decently full at 7pm after dinner at 6. Baffles me why people just make up random crap in areas they clearly know less than nothing about.
singpolyma3 5 days ago [-]
Because you have to pay people more to do boring or evil work vs meaningful or exciting work
drivebyhooting 5 days ago [-]
In my experience the pay difference was never that close that meaning and ethics played a role in the decision.
Cool exciting and meaningful science job: 200k
Big Tech surveillance capitalism job: 800k (at the low end)
The calculus has only been about affording housing and providing for the family.
hawaiianbrah 4 days ago [-]
800k at the low end? Big tech pays well, but that sort of comp is reserved for very senior folks.
strken 4 days ago [-]
Where do I get this cool exciting and meaningful science job paying $200k?
sbrother 4 days ago [-]
This is my experience too. I actually briefly took the cool exciting climate change related science job and then realized that I couldn’t actually support my family’s lifestyle on $160k so I left and went back to surveillance capitalism. I do feel guilt about that decision, but I like to imagine I’ll be able to go back to working on interesting and ethical things after my kids are out of the house.
singpolyma3 4 days ago [-]
Seems the pay is very different and thus is absolutely playing a role in the decision?
ThrowawayB7 4 days ago [-]
For big products with many years of history behind them, yeah, that's true. For v. 1.0 or skunkworks projects, it's still mostly true but occasionally, some crazy-ass stuff can happen. (Cue the "what has seen cannot be unseen" meme pic.)
singpolyma3 5 days ago [-]
Yeah. This is part of why I wasn't excited to work at G after my first time there. It was very boring
therobots927 5 days ago [-]
You’re painting with a pretty broad brush there.
“…for which they were paid roughly $400k.”
If I had to guess, the main reason you don’t hire big tech employees is because you can’t afford to. Everything else is extremely subjective depending on what area said engineer worked.
5 days ago [-]
VirusNewbie 4 days ago [-]
Not at all my experience in big tech. Are you maybe extrapolating from working at Microsoft or IBM or something?
laweijfmvo 5 days ago [-]
it stems from an abundance of ineffective and abysmal leadership, where someone finds themselves in a position of importance and the only thing they know how to do is hire subordinates to blame or rely on. Those subordinates need headcount, and so it goes all the way down to bloated teams of ICs.
some people call it empire building, but it’s really just incompetence.
zmjone2992 5 days ago [-]
many of the people that will be laid off are doing very real work. i certainly was!
superfrank 5 days ago [-]
I believe you, but that doesn't mean the comment you're responding to is wrong. Large layoffs are like trying to doing surgery with a butcher knife while wearing an eye patch and a pair of mittens.
Since companies usually don't want to telegraph the layoffs too far in advance, they try and keep the people in the know as small as possible. That means the people making the decisions on who stays and who goes are often multiple levels removed from a lot of the people affected.
I'm really sorry to hear that you got let go and I hope you are able to find a new role soon.
away271828 5 days ago [-]
Pretty much. In a prior role I didn't have a real job any longer but the people making the decisions for a fairly small layoff probably didn't know that. Would have been happy to have taken a decent severance package. Hung out for a while more or less.
mcmoor 4 days ago [-]
I thought it's also mostly to preserve feeling, to obscure the connection between performance and layoff to ease employee transition to another job. That's why sometimes it's a branch all at once from the middle to bottom.
wazzup01 3 days ago [-]
You no who I am ( meta )it me .0. I'm coming to see u meta u killed and hurt to many people. Wear are the children. Kids..... You know who I'm talking about this is holly war people humans you know as well. This is not your world 2010 to 2025 it's human world
Brystephor 4 days ago [-]
Meta had grown headcount by 50% in the last 7 years. In the same time frame, they tripled their revenue up to mid $200B range.
Even if every employee fired saved $500k a year, that'd be roughly $4B in a year. Not a small amount but relative to their income, not huge either
wazzup01 3 days ago [-]
Your computer is the problem meta to many dead people that why computers are fucking up..your programs are tanted and bad programing formula bads. Your killing people
kjkjadksj 4 days ago [-]
Presumably meta will always need engineers. Why fire staff who have meta experience and inevitably have to hire more engineers probably in some weeks or days? Engineers who will need onboarding and might not turn out too.
bandrami 4 days ago [-]
This is exactly right and I've got to wonder what the AI conversation would be like in the alternate timeline where tech didn't massively overhire in the wake of Covid.
2 days ago [-]
DanielHB 4 days ago [-]
I wonder if the facebook redesign also sucked a lot of manual labor and it is now mostly done so they don't need so many people anymore to maintain that product.
wazzup01 3 days ago [-]
This is the truth god's word
jeffbee 5 days ago [-]
Strongly held but apparently not popular opinion: candidates should not be expected, and should refuse, to discuss confidential internals of their former employers.
hintymad 5 days ago [-]
There's no need to ask about anything confidential. Meta published a lot about their internal tech stacks, and they use plenty of open-source stuff. ZippyDB, Interview candidate can also talk about generic stuff, and I can drill on the theory or common practice.
AlexeyBelov 3 days ago [-]
What is confidential, exactly? I once had a contract that said that I cannot discuss any technology I used for two years after the contract ends. _Any technology_. So, git. And Postgres and so on.
It's completely normal in tech circles to talk about technology.
slashdave 4 days ago [-]
Not popular? Who asks someone to break their confidential agreements in front of them, and why would you hire someone who would do that so easily?
dnnddidiej 5 days ago [-]
Agreed, but what has it got to do with what you replied to?
mediaman 5 days ago [-]
I think he's saying that during interviews the candidates were being asked to dive deep into their preceding employers' tech stacks. Which does seem to be asking them to tread in dicey legal waters in a coercive situation.
dnnddidiej 5 days ago [-]
I see. Always stuggled with this. I think design interview on hypotheticals is better. Or have you used X with follow up questions about X? Probably OK to say we used kubetnetes. But not OK to describe inner workings of a custom controller that speeds up their workloads even if candidate wrote the code.
jeffbee 5 days ago [-]
"couldn't deep dive into their own tech stacks"
5 days ago [-]
lenerdenator 5 days ago [-]
Well, if that's the case, it's time to hold leadership accountable, because they recklessly spent company money on hiring people who did not create value for the shareholders.
Mark Zuckerberg ultimately approved that hiring initiative, right? He's the CEO; either he approved it or he approved of the hiring of the person that handled it and likely delegated the task to that person.
Mark needs to be shown the door.
Oh wait.
Mark's on the board.
And he has majority voting power.
... I'm starting to think there might be difficulty in holding him accountable.
NotMichaelBay 4 days ago [-]
Oh no, poor shareholders, they must have blindsided. When did Mark gain majority voting power?
lenerdenator 4 days ago [-]
The problem isn't when he might have gotten it, it's that he could have it to begin with.
The real issue is that our systems allow for one person to effectively control hundreds of billions of dollars of capital with absolutely no one to provide any consequences if they make bad decisions with that capital.
If we really are setting this up as a for-profit, publicly-traded company, how does that system of corporate governance enforce any sort of way to make sure that Zuckerberg's ego doesn't get in the way of doing things right? Basically right now it's a sole proprietorship with window dressing.
4 days ago [-]
jonatron 5 days ago [-]
I find the scale of some companies hard to understand, they're laying off multiples of the total number of employees of the largest company I've worked at.
HoldOnAMinute 5 days ago [-]
Large-scale enterprises are really something to behold. Take one small example. A certain large company has cafeterias in many locations. Each of these cafeterias is like a small enterprise. And it has nothing to do with the core business itself. To order food, you need an app. Someone has to build, test, deploy, and maintain that app. It also has a back-end. Someone has to build and maintain those servers as well. There's also a payment component and everything that comes along with that.
The cafeteria itself is a large scale enterprise, wholly enclosed inside the larger scale enterprise.
killingtime74 5 days ago [-]
It's all true but the cafeteria is generally outsourced. Those employees are not on the books of the real enterprise and the software shared between all of the outsourcers customers. Same goes for many non-core functions.
gary_b 5 days ago [-]
I can confirm for a certain very large enterprise that this is not the case. The employees ARE on the books of the company and considered full time employees with full benefits, and the software is custom built for this enterprise, by this enterprise, and not shared with any other enterprises
carlosft 4 days ago [-]
I feel better working at a company when the support staff are also working for the same company.
seanclayton 4 days ago [-]
Good, they want you not asking a single question, your paycheck obviously requires it.
monknomo 4 days ago [-]
I don't see how this follows
aabhay 4 days ago [-]
Apple being Apple
PaulHoule 5 days ago [-]
Yeah, like I don't think ARA could build a mobile app for ordering at a cafeteria, period.
HoldOnAMinute 5 days ago [-]
Exactly
HoldOnAMinute 5 days ago [-]
I would not have wasted my time and yours if Bon Appetit was running it.
Waterluvian 5 days ago [-]
“I was a second reloader’s mate on a ship that guarded a ship that made ice cream for the other ships.”
idontwantthis 5 days ago [-]
What is this from?
mkl 4 days ago [-]
I can't find that exact quote, but the US navy had barges (made of concrete!) that made ice cream in World War 2, and those barges were unarmed so needed guarding: https://en.wikipedia.org/wiki/Ice_cream_barge
Tade0 4 days ago [-]
Truly the US military is a logistics organisation which dabbles in warfare.
Waterluvian 4 days ago [-]
Historically and generally true. Which makes it a fascinating lesson to witness the major logistics issues happening today. Shows how even an institution like the U.S. Navy can be badly mismanaged by just a handful of the wrong people at the top. When's the next shareholder meeting? Surely there's a way to fire the CEO at this point.
laserlight 4 days ago [-]
> A certain large company
Which one is it? And, more importantly, why not name it?
Someone has to build, test, deploy, and maintain that app. It also has a back-end. Someone has to build and maintain those servers as well.
...and these days, someone has to justify their continued employment, hence guaranteeing that said app and its related systems will be subjected to constant trendchasing and the inevitable resultant enshittification. It's otherwise perfectly possible to create such an ordering system that will keep working with next to no attention, which is why the most stable and reliable systems I've worked with were created by someone who didn't want to have to work on it more than once.
userbinator 4 days ago [-]
Apparently the only counter to truth is downvoting. How predictable.
AlexeyBelov 3 days ago [-]
Everyone who's getting downvotes says it's "for truth". Never is.
thinkingtoilet 4 days ago [-]
I worked at S&P Global for 2 years via an acquisition. The scale is insane. It is completely unmanageable. It's impossible to get anything done. Yet, it shits money. It was a miserable place to work.
teaearlgraycold 5 days ago [-]
Internally they operate like a government or military and less like a normal company.
mlsu 4 days ago [-]
They also take profits a lot like government. :thinking:
marcosdumay 5 days ago [-]
There are very few government organizations here in Brazil with more than 8k people under the same management.
Jensson 4 days ago [-]
All of those government organizations are under the same management: the government. Subsidiaries are still under the management of the parent firm.
Tarq0n 4 days ago [-]
That's not how it works in many countries. You can have regional governments that raise their own taxes and aren't beholden to the central government organizationally, just legally.
wil421 4 days ago [-]
This is how it works in the US. Federal/State/County/City.
Tarq0n 18 hours ago [-]
State governments are very much not under "management" of the federal government.
booleandilemma 5 days ago [-]
As someone who has only worked for a company with maybe a thousand people, can you elaborate on this a bit?
jldugger 5 days ago [-]
No idea how the military analogy works but: large companies scale up by "in sourcing" their supplier's functions. Facebook collects their own metrics instead of using datadog. Their own logs instead of Splunk. Facebook's own high cardinality traces instead of Honeycomb. Own datacenters instead of buying from AWS. Own database(s) instead of Oracle.
And then, since you have all these integrated functions, you can spend headcount optimizing datacenter spend down. Hire a team to re-write PHP to make it faster literally pays for itself. Or kernel engineers. Or even HW engineers and power generation. And on the product side, you can do lots of experiments where a 1% improvement in ad revenue pays like the entire department's wages for the year. So you do a lot of them, and the winners cover the cost of the losers. And you hire teams to build software to run more experiments faster and more correctly.
The brakes on this "flywheel of success" is the diseconomies of scale outweighing the economies. When the costs of communicating and negotiation are higher internally than those external contracts you previously subsumed. When you have two teams writing their own database engine competing (with suppliers!) for the same hires. When your datacenter plans outpace industrial power generation plans. When your management spins up secret teams to launch virtual reality products with no legs.
cft 5 days ago [-]
There is only one problem with Meta: Facebook itself is like a TV show that has ran its course. He's riding off what he purchased: Instagram and WhatsApp, but being a product thief he cannot create anything new.
sixothree 4 days ago [-]
I still feel like he stole the word "meta" from the world. It was ours. Not his.
nneonneo 4 days ago [-]
> virtual reality products with no legs
This is the most incredibly apt description of Horizon Worlds possible. How is it that I've missed this joke until now? Thank you!
Nemo_bis 4 days ago [-]
You don't need 80k employees to self-host. The Wikimedia Foundation does it with a team of few dozens SREs.
jldugger 4 days ago [-]
And just think how much more profitiable they'd be if they scaled up
(◞ิ౪◟ิ)
qwe----3 4 days ago [-]
You joke but they fund raise like they love money - lying to their users about needing donations...
Nemo_bis 1 days ago [-]
It depends on what your priors are for what's "needed". If you think 80k employees are needed to do what the Wikimedia Foundation does, their fundraising is way too humble. :-)
redrove 4 days ago [-]
This is very well put. Thanks for the comment.
teaearlgraycold 5 days ago [-]
I've never been in the military but I'm told they work this way. You often have interactions with people across the org chart (which is a massive tree with >100,000 nodes on it). If there's a dispute over resources or requirements that can't be resolved you need to find the lowest person that is above both of you to settle it. The depth of the org chart is a key similarity here as well. I think I was ~10 degrees from Sundar when I worked for Google. A soldier in the US military is a similar distance from the president. Also the financial numbers that are thrown around are larger than what most governments deal with and on par with even large nations. The US military might get a $100B influx for some war. Google/Amazon/Meta/etc. spend similarly on AI initiatives.
dlev_pika 5 days ago [-]
Moreover, he has no idea what those laid off people actually did or who they are
dlev_pika 5 days ago [-]
Is this what Zuck meant when he said he “takes full responsibility” for spending 80 billion in the wrong direction?
alexjplant 4 days ago [-]
I have no idea whether he said that but it reminds me of something. I'm rewatching (by which I mean "playing in the background while I do other stuff") the HBO show "Silicon Valley" and it literally has this in it.
> Goodbyes are always hard, especially when I am the one saying goodbye. Today, effective immediately, I, Gavin Belson, founder and CEO of Hooli, am forced to officially say goodbye...to the entire Nucleus division.
> But make no mistake, though they are the ones leaving, it is I who must remain and bear the heavy burden of their failure. It is my fault, I trusted them to get the job done, but that is the price of leadership.
Mike Judge is a masterful satirist.
nervousvarun 4 days ago [-]
All true...been a huge fan since it originally aired. I was about the same age as the characters and doing the same work and got all the references and loved every minute of that show but looking back now overall I only feel regret for not buying BC when I saw this scene:
https://www.youtube.com/watch?v=uS1KcjkWdoU
wmf 4 days ago [-]
Taking responsibility doesn't mean paying people to do nothing.
LambdaComplex 4 days ago [-]
So what does it mean, concretely? What repercussions will he personally suffer?
yifanl 4 days ago [-]
People will snark him 30% harder for a week.
I dunno what you expect, everyone wants to avoid the negative consequences of their actions, should we be surprised that the rich and powerful can actually do it?
jastuk 4 days ago [-]
No one is surprised, but why shouldn't it be called out and ridiculed as fake accountability and moral theater.
ergocoder 4 days ago [-]
If you hire a house cleaner, and the house cleaner doesn't do a good job, would you fire yourself from the house? What repercussions will you personally suffer?
NegativeK 4 days ago [-]
If I had a roommate who spent huge swaths of our monthly budget on house cleaning we didn't need, I might tell them to go find another place to live.
Or to stop stretching metaphors.. The investors should be mad that the layoffs were even necessary.
ergocoder 4 days ago [-]
Yes, and being mad is not 0 or 1.
Investors are mad to a certain degree for a mishap, but then investors are also happy about something else.
To continue analogy, Zuck has made $10,000 for shareholders and had a mishap of $1000.
How much should Zuck be punished here? I don't have a good answer but it is certainly not firing himself for it.
IncreasePosts 4 days ago [-]
But they were fine with the hiring in the first place. Making mistakes is allowed - it's worse to pretend like everything you did in the past was flawless.
Also, Zuck controls 61% of the vote for Meta. Investors knew that it was his show when they invested
jastuk 4 days ago [-]
Are you implying the 10% being fired are all bad workers? What if the house cleaner was not the problem here?
9rx 4 days ago [-]
A closer analogy would be that you asked the house cleaner to clean the pool house when you actually needed the main house cleaned. The house cleaner recognized that you asked for the wrong area to be cleaned, but went ahead and did it anyway, but did a great job cleaning the wrong thing.
The cleaner isn't the problem with respect to the cleaning itself, but what about the culpability in exploiting someone who has lost their mind? In this case Zuckerberg is willing to accept the exploitation that occurred in the past simply for what it is, but now that he has had a moment of clarity he also cannot let it continue.
ergocoder 4 days ago [-]
Ok, let's continue the analogy. The house cleaners weren't the problem. They are the best of the best at cleaning the pool.
You have the pool but now want to get rid of the pool.
You thought you liked the pool but you don't. It was your own mistake for wanting the pool and changing your mind.
Would you fire yourself from the house? You did make a mistake.
jastuk 3 days ago [-]
The missing bit is where you say "I take full responsibility for this situation", to the cleaners who's lives are impacted by this significantly more than yours.
> Would you fire yourself from the house?
You keep pushing this false framing/binary for some reason. You made a bad call, you lost the money, that's a given (a passive if you will). Where's the active "taking responsibility" part? That's the main critique.
ergocoder 3 days ago [-]
> The missing bit is where you say "I take full responsibility for this situation"
> Where's the active "taking responsibility" part?
But what is the implication of taking full responsibility? What actions would he be taking for "taking full responsibility"?
I don't think you meant you merely wanted the performative sound of "I take full responsibility for this situation" to come out of his mouth.
Without actions, the words mean nothing.
So, what would be the actions you were looking for here? I don't quite get it.
jastuk 3 days ago [-]
> I don't think you meant you merely wanted the performative sound of "I take full responsibility for this situation" to come out of his mouth. Without actions, the words mean nothing.
100% agree, and that's precisely the critique towards Mark as those words presumably came out of his mouth.
> So, what would be the actions you were looking for here?
Claw back his executive compensation, forfeit bonuses for the fiscal year and use that to fund better severance / transition support? There's smarter people than me who can answer this, I am merely pointing out and ridiculing this fake accountability and moral theater.
ergocoder 16 hours ago [-]
> Claw back his executive compensation
This is actually very problematic that a company can claw back compensation that wasn't previously agreed upon (with the exception of crimes).
Companies could have put this clause in the job offer. Yet they don't. Why? Because no respectable person would have signed such contract.
You wouldn't sign such contract either.
> fund better severance / transition support?
To continue the analogy of the cleaners, you don't provide severance nor transition support either.
In FB, the severance of 4-month minimum seems good.
> Forfeit bonuses for the fiscal year
100% agree! If the company's or their performance is bad, they absolutely don't get bonuses. This is coded in their performance/compensation review criteria.
If your employee makes 10 successful things and fails 1 thing, how much would you punish that person? probably none.
noisy_boy 4 days ago [-]
It is irrelevant if the workers did a good job. They are at the service and discretion of the house. The house, i.e. the owner, always remains. Until everything burns down. In case of Meta, pipe-dream, one can only hope.
jastuk 4 days ago [-]
[dead]
autaut 4 days ago [-]
Is he going to pay the severances out of pocket? Is he going to personally help those employees get back on their feet? Is he going to make sure their families are ok? Is he stepping down?
What does it look like besides cheap talk from a cheap and clueless leader?
The guy is just another mediocrity who tripped into a huge pile of money and now it’s everyone’s problem while he acts as a giant baby.
mh2266 4 days ago [-]
I think you're more upset about this than the typical Meta employee. Judging by... vibes, the main reason they aren't taking volunteers for these layoffs is that they might get more than 10% champing at the bit to take the severance.
The 2022 RSUs at Meta have more than doubled since the grant price, and are mostly vested out now, ending Feb 2027, after which there will be a steep TC decline for people employed since 2022, especially those on an initial grant or with very good performance for that refresher. There are a good portion of people sitting on either FIRE or at least extended funemployment amounts of money that the severance is looking mighty tempting to.
autaut 4 days ago [-]
>provide severance packages for those in the United States that include “16 weeks of base pay plus two weeks for every year of employment”
That is a standard package and no way a FIRE or at least extended funemployment if they have children or a mortgage.
But crazy level of sycophancy on your part
mh2266 4 days ago [-]
The money comes from the past few years of the stock going from 180 to 500-700, not from the severance.
E5s making $900k, $E6s making 1.5m… quite common.
IncreasePosts 4 days ago [-]
That might happen for a year or two but it's not like they're getting refreshers priced at 180. After paying all the taxes, and factoring in the HCoL area they probably live in, I doubt many people are retiring early on that. Very few high earning people would quit their high paying job so they could live a "normal" life and worry about bills and expenditures.
loeg 4 days ago [-]
> Is he going to pay the severances out of pocket?
More or less? The vast majority of his personal net worth is tied up in FB stock.
As to the other questions -- the severance package is pretty generous.
_heimdall 4 days ago [-]
Layoffs don't necessarily lead to share prices dropping, in the short term or long term. It definitely wouldn't impact the loans he presumably lives off of by using said shares as collateral.
jobgh 4 days ago [-]
The severance that is paid out is money that could have been paid out to owners (him)
autaut 3 days ago [-]
No they couldn’t because the severance is paid out of the money the budget set aside for wages for the year.
So out of the 12 months, they give 4 months to the laid off worker and Facebook pockets the other 8 months.
loeg 3 days ago [-]
Facebook could give zero severance, "pocket the full year budget" to use your phrasing, and distribute it to owners as a dividend. The severance comes directly from cash that could have been distributed to owners, as GP originally said.
_heimdall 1 days ago [-]
This is assuming, though, that should shareholders want to take distributions the money wouldn't be there unless the layoffs are done. Facebook has plenty of cash to cover both if it shareholders or the board wanted to keep employee count stable and also pay out a comparable dividend.
autaut 3 days ago [-]
They don’t give severance to be nice, severance is hush money. To get the severance employees have to agree to forgo any legal claim they could have with the company.
They have calculated that it’s cheaper to offer this money than to have to pay lawyers to defend the company from pissed former employees seeking to drag the company to court.
loeg 3 days ago [-]
This is an entirely new claim from the one you made earlier and somewhat divorced from your original line of questioning around severance (https://news.ycombinator.com/item?id=47885133).
Ultimately, regardless of whether the severance is generous or just a calculated ploy to keep former employees quiet, it comes out of shareholders' pockets.
autaut 3 days ago [-]
It is not my claim it is common knowledge. The problem is users here trying to pretend that a standard legal practice is Zuckerberg taking personal responsibility. No he is just following the advice of his legal team.
On severance:
> the reality is that severance payments are just as much about protecting employers as they are about helping employees. In today’s complex labor landscape, employers are acutely aware of the risks associated with employment disputes and potential lawsuits. By offering severance payments, employers aim to minimize their exposure to legal claims, maintain compliance with labor laws, and safeguard their reputation in the marketplace. This practice is not just about goodwill—it’s a calculated move within the broader context of employment law and labor regulations, designed to manage risk and maintain control over the employment relationship. Understanding the real motivations behind severance payments is essential for both employees and employers navigating the ever-evolving world of employment.
He is not putting the shares down himself. He is just subject to price fluctuations like everyone else — so how is he taking personal responsibility for it?
4 days ago [-]
weezing 4 days ago [-]
On the other hand 8000 people can potentially do some jobs meaningful to society.
Oras 4 days ago [-]
The tech job market is in dark state now, really not much options to choose “meaningful”.
I feel for the those who will hear the bad news, whether meta or other companies, and I hope they will cope and get other roles
hackable_sand 4 days ago [-]
There are plenty of jobs outside of software development.
ardit33 5 days ago [-]
I left Meta a while ago... but these layoffs (multiple rounds every year) have been very demoralizing to the folks there.
I survived all three rounds of layoffs, but I saw multiple great colleagues (some of them had been there for 10+ years), getting laid off. After so many re-orgs, I had enough and quit. It was just not worth it (all that uncertainity, people were unhappy, hunger games into trying to get a good rating, etc).
I think Zuck is taking its "Meta" failure (VR) into his own employees. After their treatment, many good people don't want to join Meta anymore, hence he had to spend so much money into buying engineers to join.
I think it is the start of a downwards spiral.
dlev_pika 5 days ago [-]
It’s so funny to see the likes of Zuck, telling the world they take “full responsibility” for the bad decisions they spend fortunes on, and then fire everyone else while they suffer no direct consequences at all.
the_biot 5 days ago [-]
Right. People on here are just ignoring the fact that the fantastically expensive metaverse effort has failed, and it's pretty obvious that people working on it thus no longer have anything to do, so will mostly be let go. The article even mentions this as a likely cause.
I mean I get it, Meta is evil, inefficient etc, but this layoff round seems pretty predictable.
shmatt 5 days ago [-]
if you've ever been through a Meta loop (and their method is to cast an extremely wide net, so chances are you have), you've seen how inefficient their loop can be for long term success
6-7 38* minute interviews, while the interviewee is trying to squeeze in showcasing their skills and experience, the interviewer is obsessed with figuring out a rigid set of pre-determined "signals"
Once these candidates actually start work, their success in the team is a complete coinflip
* 38 minutes = 45 minute scheduled - 2 minute intro - 5 minute saved for candidate questions at the end
nobleach 5 days ago [-]
That wasn't my experience at all. I had a recruiter screen where she asked me some technical questions. I then had a longer discussion, then a code screen, then an arch-deep-dive. The entire process was very professional and EVERY person came off like they really wanted me to succeed. (Sure it's an act but it's a very helpful act when you're in the hot seat)
My intervews were in 20202/2021. Perhaps things have changed?
torton 4 days ago [-]
Things have changed. I worked with a very senior and professional recruiter at FB during that time. While things didn't work out then, someone else reached maybe a year and a half ago for a fairly similar role -- massive difference, strictly a disposable drone style process and barely a conversation. I chose to not even start the process.
A sample size of one but many anecdotes together can make a trend.
stuxnet79 5 days ago [-]
2020/2021 might as well be ancient history in tech terms. Your experience does not reflect the current status quo at all.
Anon1096 4 days ago [-]
I interviewed in the past 2 years and my experience matches the parent. Very professional and the interviewers were great to talk to. Same with Google.
pinkmuffinere 5 days ago [-]
This seems a bit ridiculous, that’s only 5-6 years ago. Things change, but the mechanisms and culture isn’t entirely different.
metadat 5 days ago [-]
Back in 2020, $META was desperate to hire. Nowadays the tide has turned and interview process shifted accordingly. They are super picky now, even for those who nail every stage of the interview, folks are still routinely passed over.
Rapzid 5 days ago [-]
Market was so hot SNL did a skit where Meta just started sending paychecks to people as a recruiting tactic.
That SNL skit never happened, but the market was so hot it could have.
gherkinnn 4 days ago [-]
Remind me, was there a major event 5-6 years ago?
aprilthird2021 5 days ago [-]
If it was the exuberant period of overhiring from around that time, then you're talking about a different company who interviewed you back then
yodsanklai 5 days ago [-]
The recruiting process has barely changed since then.
vigilantpuma 5 days ago [-]
I had an interview in 2024 and my interviewer was CLEARLY doing other stuff during the interview. So a very different experience.
yodsanklai 5 days ago [-]
My experience as well, both at Google and Meta. Very positive and well-organized. I also got feedback from the recruiter on each interviews.
shmatt 5 days ago [-]
You had interviews scheduled longer than 45 minutes?
canes123456 4 days ago [-]
It was my experience as well in Dec 2025
5 days ago [-]
-warren 5 days ago [-]
So let me ask this. What is the perfect mix of inerviews and durations?
If you ask my blue collar friends, the answer is one and however long it takes to drink three beers.
If you ask any married person, the onboarding process (courtship) may last YEARS and consist of many interviews (dates).
As an EM, ive always struggled with this one. Im about to invest some serious coin and brainspace for you, so I tended towards a max of 3-6 total hours and a takehome assignment.
As an IC, I preferred short and sweet. Heres my portfolio (github), heres my resume. Lets make this work. Maybe 1-2 hours; its not like we're getting married.
The happy place has to be in there somewhere. Whats your take?
Gigachad 5 days ago [-]
I’ve never worked at big tech but the usual interview process I’ve seen is one initial phone call to check both sides are on the same page and it’s worth scheduling an interview. Then a technical interview, sometimes a take home task, then a non technical interview with management. There’s no reason you need longer than that.
AlotOfReading 5 days ago [-]
The "usual" process in big tech is a recruiter call, 1-2 technical screening calls (sometimes an EM call), then the main series of 3-6 domain knowledge interviews are done over 1-2 days.
The latter are pretty grueling, especially when conducted on-site. Apple recommends you show up 1-2 hours ahead so you have enough time to get through security, for example.
Gigachad 5 days ago [-]
That might be fine if they are offering incredible pay and conditions at a highly desirable company. But you get so many mid tier companies looking at Apple and Google and replicating their process without the pay or reason to put up with that process.
I just eject from the interview process when I hear it's going to be so many rounds because I know there will be another company that's just as good that will get it done with less.
999900000999 4 days ago [-]
I had a 6 interview + take home ( which realistically took 2 days because I intensively studied for it ) loop.
Didn’t get the job. Got the vibe they were full of crap anyway. The salary range was never given. The business model, extremely easy to replicate.
The job I’m at now had a single 30 minute chat. Verbal offer 2 days later. And my co workers and boss are awesome.
Most of the best places I've worked have had the least process.
_heimdall 4 days ago [-]
At my last job we generally had 3 interviews beyond the initial screening. One was a coding challenge (1 hour with 45 really working on the challenge), one was an architecture discussion, and one was more of a culture fit and similar with the hiring manager.
It worked very well for us, I was a bit surprised with some of the red flags that showed up that I wouldn't have expected to be caught in the hiring rounds done at previous jobs.
dnnddidiej 5 days ago [-]
What does a pilot or doctor or cop do in terms of interviews, take homes etc.?
inoffensivename 4 days ago [-]
Pilot at a major airline here: 1.5 hours of interviews with two people (recruiter and another pilot). Technical and HR-style questions, a personality test, no other homework.
Blood test, background check including all prior training records that are reported to the FAA.
Not a lot of work for the candidate in the interview, but it's easy to fail one too many training events or accumulate a violation and become radioactive.
dnnddidiej 4 days ago [-]
Thanks!
-warren 4 days ago [-]
While I cannot respond as a doctor, I can respond as an EMT. Totally different. But heres the deal.
The person who is the most important to you on the worst day of your life is the emt. The interview was literally "do you have a drivers license, and are you grossed out by stuff?" The rest you learned on the job.
Weird how doctors are vetted but prehospital folk are not.
edit yes there is training, but it happens after hire
prepend 4 days ago [-]
The person who makes the ball bearing in the ambulance is also super important. They are paid leas because more people can do it.
The reason why EMT have such hiring practices are because many people can do the job, and there are many willing to do it.
It’s not weird if you think of in market terms.
lbreakjai 5 days ago [-]
Pilots and doctors are exhaustively certified for a very narrow set of work. A cop gets a title, to perform a job that's identical in every part of the country.
Software development is neither exhaustively certified, nor narrow, nor perfectly transposable.
Developers want a 15 minutes interview, but also scream "Would you ask a builder if he has experience with blue hammers specifically?" when they get denied an interview because they do not have experience with the exact tech stack of a company.
Because that's how pilots and doctors work. They not only need to have experience with a blue hammer specifically, but it needs to be exact same make and model.
Imagine if a GP claimed to be neurosurgeon because they cured a headache. Developers get to call themselves fullstack the day they modify an API route.
Matumio 4 days ago [-]
My doctor probably thinks we software developers do a very narrow job. And she is kind of right, we always turn up with those back problems from sitting too much, or RSI or whatever. While doctors have all those medical specializations and different roles and employers.
NegativeK 4 days ago [-]
Doctors are continually interviewed every time a patient gets pissed and sues them or files a board complaint. If there's any fault they're (very publicly) assigned remedial training or put on a PIP. They're also in incredibly high demand, so its often the doctor interviewing the practice.
If the interview is for becoming a partner at a practice, it's a two way courtship that's more reminiscent of other businesses looking for a co-owner.
Doctors also tend to hear about each other. Even in decent sized metro areas, they can often know who to avoid.
(This process isn't perfect, but it's still way different than for software.)
cloverich 5 days ago [-]
> doctor
Rigorous formal education, multiple rigorous exams, then years of shadowing and training. I went through this process, and tech interviews are a breeze by comparison.
shreyansj 5 days ago [-]
I think he meant - what's the interview process for a doctor while switching jobs.
fc417fc802 4 days ago [-]
That's presumably what he meant but the response is highly relevant nonetheless. Comparing credentialed and noncredentialed professions is apples to oranges here because the credentialed professions effectively consist of pools of prescreened candidates. Among those, MDs in particular have an absolutely grueling process before they can get started. Imagine if your surgeon (versus backend dev) was proud of being self taught.
gcampos 5 days ago [-]
The short interview time helps keeping the interview process focused on high signal questions/discussions. That is better than a 1h where 1/3 of the process is a bunch of soft balls.
What I don’t like about them is how “dry” and mechanical the interview feels
yodsanklai 5 days ago [-]
I believe they optimize for fairness and consistency. They interview a huge number of people from very different backgrounds so they need a standardized process. It's not perfect but I can understand the logic. And there's team matching phase if the candidate pass the interview, it's not a random allocation.
singpolyma3 5 days ago [-]
Last time I talked them they also wanted an NDA just to interview, which was just insulting and dumb so I kept my existing big tech job instead
abkolan 4 days ago [-]
This was exactly my experience too. The interviewer seemed more focused on checking boxes on the grading rubric than actually understanding the design discussion. They barely engaged with alternative approaches.
The interviewer was also very hard for me to understand, which made the interview harder than it should have been.
I am ESL too, so this is not about someone’s background. The problem is communication in an interview where both sides need to understand each other clearly.
From what I have seen on Blind, others have had similar experiences.
whatsupdog 5 days ago [-]
[flagged]
hluska 5 days ago [-]
Would you mind deleting your account? Everything you’ve said this thread has been total garbage.
chis 5 days ago [-]
What is your point exactly lol. You'd prefer longer interviews? More, less?
1vuio0pswjnm7 4 days ago [-]
Alternative to archive.is
Text-only, no CAPTCHA, no Javascript, no DDoS on blogger, no geo-blocking, no BS
I wouldn't make much of it; the economy looks a bit iffy right now due to the surge in energy prices and difficulties sourcing inputs. This affects mainly industrial enterprises, shipping and transport but those are no small sectors and anything that affects them ripples through the rest of the global economy. Where I live (Northern Europe), not only are those sectors already sacking people, but the banks are rising interest rates well ahead of an expected wave of inflation. This affects both consumer and industrial loans, and it means that many economies are going to continue in contraction or that things may get worse.
pipes 5 days ago [-]
The raising interest rates right now makes no sense to me. Energy prices and layoffs will kill spending power. I think the central banks will overcompensate because they got inflation so wrong the last time.
mswphd 5 days ago [-]
inflation has been persistently > 2% (and arguably much more, as the current methodology on how to measure inflation is quite flawed). There's a definite risk of inflation expectations shifting, which central bankers really want to avoid.
Your point that there's a recessionary risk is real, but lowering rates might lead to stagflation. Both options are pretty bad honestly.
altmanaltman 4 days ago [-]
Can you elaborate on what you mean by "central banks got inflation so wrong the last time"? You mean Covid or 2008?
pipes 4 days ago [-]
Covid. The ex head of the bank of England said as much.
altmanaltman 3 days ago [-]
I mean the American recovery after a global disaster like Covid was actually pretty good given the situation. What would you propose they should have done instead?
fevangelou 4 days ago [-]
Firing 10% of their workforce on the one hand.
Tracking employee PC screens to supposedly train AI on the other.
Get fired or get tracked.
Well, isn't that convenient...
schnitzelstoat 4 days ago [-]
Introducing the tracking in such a public manner is probably a way to drive voluntary redundancies as it encourages people to leave.
SJMG 4 days ago [-]
This is my thought as well. Fewer severance packages.
sidcool 4 days ago [-]
Why would any candidate consider Meta for their career when the CEO flounders money and then lays off recklessly.
loeg 4 days ago [-]
90% of employees aren't getting laid off and continue to earn top of market pay. Even if you think layoffs are distributed randomly (they aren't), that has positive EV.
nazcan 4 days ago [-]
Positive EV for the employees vs. another company that pay less and has less lay-offs (assuming random)? I guess it depends on how much less pay the other company is...
loeg 3 days ago [-]
> I guess it depends on how much less pay the other company is.
Levels.fyi is a reasonable starting point for comparison.
netcan 4 days ago [-]
Because they offer an attractive job/package relative to other opportunities... same as any other job people take.
Ekaros 4 days ago [-]
Making it 2-5 years there sounds like reasonable pile of money. And I don't think getting fired in one of these big layoff rounds is too big black mark.
phantom784 4 days ago [-]
I've not worked at Meta, but I was at a similar scale of company for 2 years before being let go. Once you factor in RSUs, they essentially paid double what I've ever made anywhere else. Knowing how volatile those sorts of positions can be, I just saved & invested all the extra, which worked out quite well.
citrin_ru 4 days ago [-]
Because in the current job market many job seekers will accept 1st offer after spending months looking for a job without any offers.
upupupandaway 4 days ago [-]
I was offered $1.15m a year to work there back in 2022. That's why.
mancerayder 3 days ago [-]
and you said no?
igleria 4 days ago [-]
Facilitates legal immigration. At least that was my case (not at Meta thankfully).
derwiki 4 days ago [-]
The comp is really good.
trjordan 5 days ago [-]
It's an honest surprise that this isn't spun as "internal AI efficiency gains." They want the efficiency, of course there's AI component, but they're not pre-claiming victory. Neat.
It's worth remembering that there's an _actual_ underlying economic problem here. Interest rates are up. AI spending is expensive. A dollar invested in a company needs to do _more_ than it did 5 years ago, relative to sitting in treasury bills. And Meta isn't delivering on that right now.
But IMHO: that's no excuse. This is admitting defeat, deciding to push the share price higher while they give up. Meta has the user data, the AI ambitions, the distribution, and the brand.
They could do anything, and the world is re-inventing itself. They're ... laying off people, maximizing profits, and giving up.
Cowards.
matchbok3 5 days ago [-]
Layoffs are a very normal thing for businesses to do.
There is nothing "cowardly" about it.
Would you rather them never hire them in the first place?
lamasery 5 days ago [-]
> Layoffs are a very normal thing for businesses to do.
Didn't used to be, except in extreme circumstances. Was seen as a really bad sign.
To the extent there's "science" on this, it's a lot less clear than you might think that a policy of reaching eagerly for the layoff-button is long-term beneficial to companies, i.e. there's a good chance it's a cultural fad, you do it because "that's what's expected" and perhaps investors get skittish if you don't, for the circular reason that... that's what's expected.
Sol- 5 days ago [-]
People generally complain about the interview process being bloated while also not giving a good signal - is it then not better to hire people for a while, see if they perform and then letting them go again? Though perhaps in Meta's case they hire a lot while also having cumbersome interviews, I don't know. I just feel like there are perhaps some benefit in being quick to hire and fire.
achierius 4 days ago [-]
What people dislike is the boom-bust cycle inherent to all levels of a market economy. During some years, these companies suck people up like a vacuum -- that can be bad if you're on the inside and all of a sudden the culture goes out the window, or if you're expected to onboard 3-4 people at the same time, or you end up with a reorg every quarter. Then, on the other end of the spectrum, companies shut down (non-backfill) hiring entirely and layoff huge percentages of the company, with no guarantee that you'll be safe just because you're doing a good job.
Human lives do not work like this. If you're getting married, if you have an unexpected hospital expense, if you want to buy a house -- these are not things that "market cycles" will plan around, but you have to.
Being quick to hire or fire is not the problem. Massive overhiring and massive layoffs are.
jmull 5 days ago [-]
I don’t think the previous poster is saying all layoffs are “cowardly”, but pointing out that these ones are.
I think they have a point. Facebook is making money. Tech is in a very dynamic phase, right now. This is a moment of huge opportunity for them, and one that won’t necessarily be as large in the future.
To be contracting right now, rather than making a play, seems like a lack of leadership.
mr_00ff00 5 days ago [-]
Not saying you are wrong, but you could argue they made their big move with the Metaverse. Then again with those crazy AI contracts to ML people.
Maybe Meta missed on those big plays and now there’s too much pressure to make another.
I don’t know if I believe that, but worth considering
reverius42 4 days ago [-]
Pressure from whom? Mark Zuckerberg personally controls the majority of voting shares. He can do whatever he wants.
parpfish 4 days ago [-]
yeah, these big layoffs don't add up to me right now.
if you're making money and you feel that these are good employees, why not take them off the core products and ship them to some other ambituous R&D proejct?
making core products leaner is probably a good, but surely there's some other big moonshot you'd like to take?
paganel 5 days ago [-]
I'd say that a 10% culling of their workforce when they should be going all in on is not "very normal".
I don't think that those 10% of their workforce were keeping them back, to the contrary, now a big part of the remaining 90% will start wondering (if they hadn't already done so) when they'll be next, that is instead of focusing their minds on this AI-race thing.
abosley 5 days ago [-]
Agreed. What happens when every company lays off 10, 20, 40% of their staff? AI Agents don't pay taxes and dont participate in a meaningful amount of the consumer economy.
singpolyma3 5 days ago [-]
AI isn't contributing to the layoffs though
VoidWarranty 4 days ago [-]
It absolutely is.
The funding for it, not the product itself.
wolvoleo 5 days ago [-]
> Would you rather them never hire them in the first place?
If it's not sustainable? Yes. They shouldn't have hired them in the first place then. Such a major round of firing (the second one in only a few months) shows a completely failing leadership.
I'm glad in Europe companies are much more conservative with hiring and firing. Because it's much harder to let employees go and there's strings attached.
Don't forget when you fire an employee you're giving them a lot of stress about their livelihood, you're externalising a lot to society. Internalise the profits, externalise the problems. Typical.
I'm so glad I don't live in the US and that things don't work like that here.
matchbok3 4 days ago [-]
There's also a reason why there are no innovative companies in Europe. If you make it hard to fire someone you make it hard to hire someone.
Companies won't spin up risky projects if they can't spin them down. This is why Europe continues to fall behind the US and China.
Accepting the mediocrity is abdicating the leadership of the world to China. If you like that, good for you. But I doubt the low-growth, low-innovation world of Europe will make the next iPhone, AI, or chip.
Oh, and Europe can only do this stuff because of the USA military, by the way.
FeteCommuniste 4 days ago [-]
You heard it here first, Zuck and his peers are brave generals in the battle against the Y...Chinese Peril and we are all...cannon fodder, I guess.
Peritract 4 days ago [-]
Is Meta innovative?
They make products, sure, but output isn't the same as innovation.
autaut 4 days ago [-]
You have brain poisoning from reading too much slop online.
>But I doubt the low-growth, low-innovation world of Europe will make the next iPhone, AI, or chip.
>chip
Do you realize that the cutting edge in chip technology is a Dutch company
dcrazy 4 days ago [-]
That obtained the cutting edge technology by buying an American company that had been founded to productize technology developed at an American defense laboratory based on a Japanese researcher’s work
autaut 4 days ago [-]
You are forgetting 20 years and billions of dollars developing, in collaboration with research institutes like IMEC and funding from chipmakers like Intel, Samsung, and TSMC.
But it doesn’t fit your ideological narrative of how innovation functions so…
dcrazy 4 days ago [-]
I am not the person you originally replied to. I have no ideological motivation here. I am merely pointing out ASML did not invent EUV, nor did they fund its initial development or the first decade or so of its productization. ASML employs plenty of scientists and engineers who did important work getting EUV to market, but your characterization implied that ASML single-handedly introduced a step-function increase in semiconductor fabrication technology from their labs in the Netherlands, and that is a misleading impression to give. It’s belied by the fact that ASML can’t even choose their own customers without approval from the U.S. government.
autaut 4 days ago [-]
I believe that it's a bit more complicated than that especially if we look at the contributions of IMEC.
But irregardless I can hand you the point that you are making and then say that yours is a very tight standard that would not pass most of what passes for innovation in Silicon Valley.
The point I'm trying to make for the initial poster is that they are confusing "technological innovation" for money making. And yes you don't have a money printing machine in the EU, but you have A LOT of technological innovation that eventually goes to market through SV.
matchbok3 4 days ago [-]
Where is the Silicon Valley of Europe?
I'll wait for your answer.
autaut 4 days ago [-]
I think it’s to their credit that they don’t have one and instead got cern.
A bunch of shitty crud apps made by mediocre rent seekers that got rich on tax avoidance, gov money + research, and low interest rates vs actual ground breaking research that benefits humanity. Silicon Valley is probably the worst thing that happened to humanity between the 2008 crash and Covid. People have been figuring it out but not after they have already given these scammers permission to inspect their wallets.
wolvoleo 3 days ago [-]
100% agree with this. I think where it really went wrong is around 2005 with Google, Facebook etc. Adtech, engagement-driven social media.
matchbok3 4 days ago [-]
Wow. Can't tell if this is a parody or just very, very uninformed. Either way, good day. Hope you understand, one day, how technology has helped millions of people in many different ways.
autaut 4 days ago [-]
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matchbok3 4 days ago [-]
Please use more mature language on this forum and engage in an adult way. People can disagree without being brain poisoned, kid.
derwiki 4 days ago [-]
No idea what Dutch company you’re alluding to. FWIW my guess for cutting edge chip tech is TSMC.
autaut 4 days ago [-]
ASML
AlexeyBelov 3 days ago [-]
It's a 30-something day old account. An obvious troll. Just don't engage.
wolvoleo 4 days ago [-]
I'm tired of this American exceptionalism. Success is not only about money. It's about making a positive impact on the world for everyone. This is where the big tech companies deeply fail.
America poisons the world with pollution (eg pulling out of Paris Agreement), misinformation, promoting discord as 'engagement', unnecessary military engagements and screwing up the rest of the world.
And really, abdicating 'leadership' was already done by America by voting for Trump.
matchbok3 3 days ago [-]
Billions and billions of people willingly use these products. Are you saying they use them because they are bad for them and they don't like them and don't value them?
wolvoleo 3 days ago [-]
No they use them because they are addictive, intentionally. But they reinforce negative emotional content because it is more engaging. This is what causes all the polarisation in society, what gave us Brexit and Trump. See for example the book Careless People, it describes how Facebook set up a huge consulting operation with the Trump campaign to get him into office.
But they are bad for society, it's not for no reason that a lot of countries are trying to ban them for the younger generations now, similar to smoking.
operatingthetan 5 days ago [-]
Exiting low performers is one thing, but using layoffs as tool to put pressure on your workforce to extract more labor and keep them busy is a toxic culture.
smallmancontrov 5 days ago [-]
Toxic = green brokerage accounts for those in charge
lotsofpulp 5 days ago [-]
It would also be green for everyone else's brokerage account.
A few% pump is only a salary replacement for the poly-millionaires. Not for "everyone else."
33MHz-i486 5 days ago [-]
its not “normal” when companies have 10s of Billion in net profit per quarter
Axing low/negative ROI product lines, sure. But recently these cuts have been across-the-board and in product lines that are net profitable and have strong technical product roadmaps. Moreover they are firing longer tenured (expensive) engineers
I understand they’re managing a transition to a capital intensive strategy but the whole era reeks of stock price focused financial engineering and these large companies flexing oligopoly power in the face of their customers and the labor that builds their technology.
matchbok 4 days ago [-]
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singpolyma3 5 days ago [-]
> Would you rather them never hire them in the first place?
It does seem like a lot of people would prefer this, they way they react to every layoff announcement.
autaut 4 days ago [-]
It would be better because it would create a more diverse work space where multiple employers complete for employees, instead of one company playing musical chairs with people
singpolyma3 4 days ago [-]
Having fewer jobs available would result in more employers? I'm not sure how.
autaut 4 days ago [-]
A few companies get almost all investments. They start a lot of projects fast and close the ones that don’t work
If companies stuck to fewer projects, money would be invested in other companies focusing on specific products, you get a lot of companies and not the market concentration you got today (which is responsible according to few economists to a lot of the us labor market dysfunctions it is currently experiencing)
BoredPositron 5 days ago [-]
Reducing your workforce always means you either made a strategic mistake, your bottom line is hurting, your growth is stagnating or you hired McKinsey (lol) not a good sign for company health and always bad for morale.
matchbok3 5 days ago [-]
Literally not true. Some bets just don't work. If a company tries to enter some new market and fails, they may use a layoff.
nrb 5 days ago [-]
The strategic mistake is that they don’t have any other good ideas to deploy these folks toward. A company of this size and financial condition in technology with exceptional leadership should not be out of good ideas.
matchbok3 4 days ago [-]
I mean, no company ever has solved that problem soooo
nrb 4 days ago [-]
Well Apple seems to be able to largely avoid these staffing whiplash problems…
I mainly call them problems because hugely scaling your org up and down on a whim is extremely inefficient when your recruiting and onboarding costs are high. Surely it’s more wise to repurpose the people you already have unless you have no time horizon on appropriate new areas of R&D.
BoredPositron 5 days ago [-]
Sounds like a strategic mistake.
shimman 5 days ago [-]
"Some bets didn't work so let's destroy lives and cause needless suicides. It wasn't my fault, I was only following orders." - Random Meta VP of Customer Misery.
singpolyma3 5 days ago [-]
Because hiring people and paying them a salary is somehow hurting those people?
shimman 5 days ago [-]
No but purposely forcing economic hardship on people when you're one of the most profitable entities on earth will always be a shitty thing. I'm sorry but treating workers like replaceable cogs is disgusting behavior and I'm not shocked that big tech routinely turns to anti-worker devices to enforce control.
matchbok3 4 days ago [-]
Nobody is forcing anything to happen. People chose to work there. They get paid a HUGE amount of money. Now their projects ended or whatever.
What world do you live in? Suicide? Crazy talk.
gnabgib 4 days ago [-]
I'm not sure the 3 version of your account is going to fare better than the last[0] if you don't find a better way to contribute to the community.
I like how the account is just nothing but attacking workers while supporting the rich, classic VC mindset.
matchbok3 4 days ago [-]
Attacking? Nowhere did I attack anybody. Explaining what a layoff is not "attacking". If you are offended by market economics I suggest you get thicker skin.
3 days ago [-]
matchbok3 4 days ago [-]
Solid contribution!
shimman 4 days ago [-]
Man if you don't understand how unemployment leads to suicide you are truly a privilege individual. I honestly envy you now.
matchbok 4 days ago [-]
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matchbok 5 days ago [-]
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bellowsgulch 5 days ago [-]
That does tend to be the more experienced management decision among firms who survived through the dot-com bubble.
dackdel 5 days ago [-]
found the ceo
sdevonoes 5 days ago [-]
With that kind of mindset… man, so sorry for you
matchbok3 5 days ago [-]
Care to explain? Rather than these jugemental one-offs?
sdevonoes 5 days ago [-]
You are normalising layoffs in companies that are not losing money. If you are a regular employee, this kind of behaviour affects you, but hereyou are saying “it’s alright folks, it’s just business “. Sure thing these kind of layoffs are not illegal, but there must be something else in life than raw corporate behaviour when it comes to work, don’t you think?
The other scenario is that Meta doesn’t layoff people. The big fishes will make less money, but won’t affect their lives in the minimum. What about that? That’s not illegal either, but ofc, “that’s not how businesses work!”. So brainwashed. We are the frogs, they are boiling us and you don’t care
matchbok3 5 days ago [-]
Layoffs mean a company doesn't have productive, profitable work for a set of people. The broader profitability of the entire company is entirely irrelevant. Should employee x subsidize employee y? That's nonsense.
Should a company keep someone on payroll and have them do nothing until profit reaches 0?
autaut 5 days ago [-]
First of all if a company is profitable and has a number of employees and has no idea how to use them that’s a failure of leadership. The board should look for an executive team that knows how to use what it has.
Secondarily layoffs don’t happen the way you say: they are across the board and when you are talking of 10% of a company there is no real way of targeting the inefficient people. More than anything is fiscal engineering: you need x amount, you fire people and then you rehire 75% offering less equity and at lower levels imposing more work on the remaining employees
matchbok3 4 days ago [-]
It's a failure, sure. But also a reality of every single company, ever. It's the nature of business.
And yeah, this approach to layoffs is sound. Been there, done that.
criddell 5 days ago [-]
> The board should look for an executive team that knows how to use what it has.
I was thinking the exact same thing. This makes them look pathetic.
Meta is very selective in their hiring process. If they can't figure out how to use these incredibly talented and driven people, then that's a failure of leadership. How do they not have an enormous backlog of promising and interesting ideas to pursue?
They've got the cash, they've got the people, they just don't have any imagination or ambition. Better management would see the current situation is an opportunity, not a problem.
sjsdaiuasgdia 5 days ago [-]
> profitable work for a set of people
I think this is essential to the disagreement in this little part of the discussion.
Ending a product line and laying off the people who worked on that product line aligns more to your "profitable work for a set of people" phrasing. But a great deal of tech sector layoffs happen as a blanket action, not targeted at specific products, teams, or roles. Business units are directed to find X% to cut. When the business is making money, these blanket actions can feel pretty unfair to the affected employees. The decision to lay off any specific individual could be completely disconnected from the value that individual provides to the business.
SpicyLemonZest 5 days ago [-]
Should employee X subsidize employee Y? Yes! Ideally, companies should structure themselves in a way where that's not even a question; it would be weird to say my coworkers are "subsidizing" me when they keep working while I'm out sick or taking a vacation. You can't keep a money-losing org running forever, but your job should not be dependent on whether your utility right this second crosses some threshold.
caconym_ 5 days ago [-]
> Layoffs mean a company doesn't have productive, profitable work for a set of people.
That's only one of many things layoffs can mean. In this case, Meta seems to be laying people off so that it can make a bigger bet on its AI programs (which I assume are deeply unprofitable right now) at the expense of other lines of business.
5 days ago [-]
zimza 5 days ago [-]
Sadly a lot of people see profit as the only incentive.
BobbyJo 5 days ago [-]
> Would you rather them never hire them in the first place?
Isn't the obvious answer yes for everyone that sells their labor?
If I gave you the choice between being an employee in an economy where it is more difficult to land a job, but you could be sure that job would last, or an economy where it is easier to find a job, but it was completely insecure, I think most would choose the former. No? Worring about finding work while looking, or worrying about it all the time? Seems obvious.
matchbok3 4 days ago [-]
This is a very depressing and mediocre outlook on innovation and growth.
Based on your logic we should make it impossible to fire anybody. That surely will solve our problems, right?
I want a dynamic, innovative economy where anyone can find a job if they work hard. Not because the law says they can't be fired. How depressing.
NewsaHackO 5 days ago [-]
I guess the issue with the first one would be actually getting the job. If jobs were that valuable, I'd expect other factors not necessarily related to job performance to be reasons in getting a job, especially knowing (or being related to) the right person.
nradov 5 days ago [-]
No, of course not. How silly. As an employee who's been laid off a couple times I greatly prefer an economy where it's easy to find a job.
singpolyma3 5 days ago [-]
If it's easy to find a job why would I care if I'm laid off? Just get another job.
swader999 5 days ago [-]
I'm guessing a lot of these large companies will have massive layoffs followed by slightly less massive re-hiring in 6 to 18 months.
thewebguyd 5 days ago [-]
Correction, the layoffs will be followed by massive re-hiring overseas in 6 to 18 months.
The domestic jobs aren't coming back.
kbar13 5 days ago [-]
why do we feel that way? it's becoming more and more likely that developments in AI lead to a K graph in experience / value - senior / self sufficient workers will be significantly more valuable than ever.
unless you mean that the quality of domestic workers is declining, which i'd agree in most things (tho for some things like software i think still has a chance)
vostrocity 5 days ago [-]
I don't think the quality of US workers has to decline. The quality of workers in lower CoL places like India simply has to increase, and it has. Both of the companies I've worked for have opened India campuses in the past few years.
aprilthird2021 5 days ago [-]
I hire for such companies and the quality of US workers vs foreign workers who move here on visas is much different. To be fair, foreign workers who move here on visas tend to be the rich and highly educated of their own country and US workers are more distributed across SES. They also have more education on paper bc they usually need a masters or more to be eligible to work here
ghaff 5 days ago [-]
The compensation of software tech (especially Silicon Valley) has also gotten much higher over the past number of years in the US compared to disciplines requiring the same level of education/experience both is the US and even Western Europe. I expect this will equalize with outsized tech salaries becoming a thing of the past except for a few individuals with proven track records.
aprilthird2021 5 days ago [-]
I mean, the same can be said for consulting salaries, HFT salaries, hedge fund salaries, etc., which similar to software engineering only require a bachelor's and have a similarly grueling interview process.
Why would this equalize? As long as software companies make huge profits and have growth capability which the top ones clearly do, what change would make this happen?
ghaff 5 days ago [-]
Some software companies are making huge profits today. Many software jobs are at companies making returns comparable to other engineering job profits. There's also a supply side. If the market is flooded with a lot of people in it mostly for the money, salaries will supposedly shrink.
kbar13 3 days ago [-]
we've seen that most of the people who are only in it for the money don't actually bring much value to the company. a lot of middling software engineers are actually a liability. unlike operational work, engineering needs to have a higher bar than just a beating heart and hands
ValentineC 5 days ago [-]
Hot take: their quality is possibly a reason these people were unable to leave their country in the first place.
Insanity 5 days ago [-]
Too simplistic of a hot take. People have families and other reasons _not_ to emigrate. I also know people who moved to big tech companies in the states, worked there for a number of years and then went back home to “emerging countries” to be closer to their roots.
sdthjbvuiiijbb 5 days ago [-]
>it's becoming more and more likely that developments in AI lead to a K graph in experience / value - senior / self sufficient workers will be significantly more valuable than ever.
I don't buy this at all, this narrative feels like pure cope to me. The skill ceiling for working with AI tooling is not that high (far lower than when everyone had to write all their code by hand, unquestionably). To me it seems far more likely that software engineering will become commoditized.
I'm sure everyone posting about the supposed K graph believes that they're on the valuable side of it, naturally.
jordanb 5 days ago [-]
American workers got uppity. Forgot their place. Started protesting company decisions and wouldn't return to office. Hiring may eventually come back but not any time soon. Workers need to be chastised first.
apf6 4 days ago [-]
Offshoring has been a common practice for decades, it works great for some functions and not great for others. Why would it suddenly have a massive uptick in 2027?
aprilthird2021 5 days ago [-]
Meta has done several rounds of such layoffs since the post COVID interest rate hikes and they do not have a larger employee presence abroad since then.
They also, unlike a lot of their cohorts in FAANG, don't have a significant engineering presence in India and it hasn't rapidly grown since COVID either.
Analemma_ 5 days ago [-]
I’m curious why this meme is so sticky. In the early 2000s people were also panicking that all the software jobs were going to India and never coming back. It was so pervasive it made the cover of Wired magazine, but it never happened. Why is this time different?
bdangubic 5 days ago [-]
The reason it never happened wasn't that MANY jobs went off-shore (they did) but that the pace of this paled in comparison to number of new jobs that were opening up on-shore. Now that we are seeing demand stall on-shore this is going to hit the front more-so than before. Many layoff news later come with "oh by the way, we also hired x,xxx people off-shore. I think has generally been overblown but I think it is a thing if someone actually wanted to run "America First" campaign and actually mean it, to outlaw or make off-shore development cost-prohibitive. I work on a project in a company that employs now about 1k people and over 40% of that workforce is off-shore. Just about every colleague I have (DC metro area) that works at another joint is in the same spot (or much worse, like CGI etc which doesn't even have developers on-shore anymore...)
lotsofpulp 5 days ago [-]
Maybe it did happen, but the expansion of broadband internet, and then mobile broadband internet, caused an enormous demand for additional and different types of programmers that was unable to be satiated by people outside of the US.
SpicyLemonZest 5 days ago [-]
It "never happened" only in aggregate, which is sometimes irrelevant and always hard to see for an individual employee who's worried about their individual career. IBM had 150,000 US employees in 2000 and 50,000 today.
pydry 5 days ago [-]
>Why is this time different?
The humiliation of all of the disastrous failures has been lost to history and PMC are once again bullish about their cost cutting genius.
smallmancontrov 5 days ago [-]
Remote coordination tools are no longer utter dogshit.
phillipcarter 5 days ago [-]
Sure, but there's no getting around how terrible it is to communicate and coordinate between PST and IST. One of the divisions I currently work with operates in a model where the "drivers" are all in the US and there's a large IST-based team that "executes". It's ... not great, and nobody on either side of the equation likes it. And all the people involved are very smart! But it really does matter, and we're seeing a lot of things move far slower than initially thought.
torginus 5 days ago [-]
Why are people so focused on India when it comes to outsourcing?
US dev salaries are so much higher than the rest of the world that basically you could hire anywhere in Europe and still save most of the cost per person.
You could go to LATAM if you want the same timezone.
On the corollary, salaries of capable Indian developers have certainly caught up to most Western countries, so that you wont be saving much per person.
simmerup 5 days ago [-]
AI: actually an indian
Seen in foreign workers remote driving ai cars, foreign workers training ai robots, etc etc
JeremyNT 5 days ago [-]
Not buying it personally, I think this is the start of a slow unwinding.
AI won't replace everybody overnight, but it'll make 10% layoffs year after year a real possibility.
Either people are simply made redundant because bots in the hand of a bot wrangler can do much of their work, or people are relatively less efficient than their peers because they refuse to adapt to a world where AI is a force multiplier.
oytis 5 days ago [-]
Not going to argue about what will or will not happen (predictions are hard, especially about the future), but you absolutely don't need AI to explain layoffs at Meta. On one hand they have a failed investment in Metaverse and an underwhelming attempt to participate in AI race. On the other hand they have a stable advertising business that doesn't need much innovation, but can always benefit from some cost cutting
JeremyNT 5 days ago [-]
I think this is broadly correct too.
They obviously biffed it by hiring for a bad moonshot when the pandemic money printers were turned on, and now they have plenty of belt tightening to do.
dboreham 5 days ago [-]
Also doesn't help that nobody can say how many people it needed to develop and maintain software even before AI. Elon declared the emperor had no clothes.
autaut 5 days ago [-]
He really didn’t tho. X was constantly breaking and falling apart in his hands, so he repackaged it in xAI where he got a bunch of money to hire a bunch of engineers to develop features and keep it running. It’s still not profitable. But people have no critical thinking skills so they haven’t noticed this
oytis 5 days ago [-]
I'd argue Twitter not breaking down after layoffs is good for the industry. It means you can roughly see investment in software as capex - once it's built, it's built.
You still need engineers to innovate though, but industry has no idea what innovation still makes sense except, maybe, AI. That's why everyone is investing in it, there are just not many other places to invest.
hgoel 4 days ago [-]
Did he really? X is constantly more buggy than Twitter ever was.
Right now they have a bug where post appears duplicated as a reply to itself (you can tell it's a bug because liking one automatically likes the other).
TheOtherHobbes 5 days ago [-]
The obvious problem is that you can't run a consumer economy without consumers. No one cares about warehouse robots if no one has the income to buy what's in the warehouses.
For "no one" substitute "more and more of the working population."
I suspect oligarchs believe they can automate their way out of this. The little people will be surplus to requirements, and measures will be taken to eliminate most of us in due course.
But the manufacture of everything is both global and industrial. You need to run things at a certain scale.
Even if we had AGI tomorrow there's still a huge gap between where we are today and a hypothetical low-population global post-AGI robot economy.
And if burn through that straight into ASI no one knows - or likely can even imagine - what that would look like.
heathrow83829 5 days ago [-]
but why rehire at all? if AI is even half as competent as they say it is, then they don't need all those employees. Afterall, some of the latest models are passing the GDPW benchmark with flying colors. wouldn't it make sense to just keep laying off more and more and replacing it all with AI?
I think there's a big disconnect between how competent the AI crowd says it is vs reality.
swader999 5 days ago [-]
It depends what your company does. In my case we are double our output and probably will be triple by summer. We are building new adjacent products and more complex features. Smoking our competition. So they better keep up or we will eat them. We let go of one person in the fall who just couldn't work this new way. Our head count is going to stay the same or go up by one more hire in the next few months. We are a dev/qa team of five people now, do billing systems...
5 days ago [-]
expedition32 5 days ago [-]
Do people in the US enjoy that kind of bullshit? I'm not saying we have to go back to the days when people worked for a company all their life. But this constant chaos, fear and looking at job offers can't be good for morale.
jselysianeagle 4 days ago [-]
> But this constant chaos, fear and looking at job offers can't be good for morale.
Definitely makes it harder to make long term plans/commitments. It was tolerable at least when the market was decent, ie, if you were reasonably good at what you did you could be confident about landing a new role before your severance ran out (typically within a couple months-ish). If this current state of the tech market is the new normal, where it takes many months of searching to land something, that alone will likely cause many to reconsider this field, I think.
testing22321 5 days ago [-]
> They're ... laying off people, maximizing profits, and giving up.
Cowards.
To play devil’s advocate, what they’re doing is not remotely cowardly, it is the entire point of their existence
They have a lever they can pull that will increase profits and the stock price. Why the hell else does a company like Meta even exist? It sure as hell isn’t to provide jobs to meat bags, and anyone that thinks it is needs a very quick lesson about the real world.
marcosdumay 5 days ago [-]
They are maximizing profits this quarter at the expense of profits every future quarter.
That's not at all the point of a company's existence. That's what a few companies do, for a short time, if they think they have no place to go but down.
That said, IMO they are right...
testing22321 5 days ago [-]
> They are maximizing profits this quarter at the expense of profits every future quarter
Oh sure, but the MBAs running stuff don’t care about that. Their bonuses are tied to the now, so the system has optimized for that.
jongjong 4 days ago [-]
This makes a good point. A lot of people think that big tech has a duty to provide jobs to smart, ambitious people.
They assume that we live in some kind of socialist system. They feel like it's a kind of deal; they accept all the regulations, monopolies bureaucratic bullshit and, in return, the corporate monopolies pay them to keep quiet and stay out of politics.
I understand the sentiment but what's horrible about this mindset is that these people think it's OK to support corrupt political power to enrich themselves at the expense of everyone who doesn't work for a big corporate monopoly. They think that all the smart people work for big tech and everyone else is trash... And they set the criteria for entry into the big tech monopoly club (I.e. screenings and interviews). But the irony is that they're trash! Their pseudo-socialist view of the word is crooked.
The reason I support UBI is because I don't see a meaningful difference between ambitious people and random people. Every generation from boomers onwards are spoiled brats. Mostly monetizing and gatekeeping the ingenuity and labor of past generations by playing dumb social games. The whole system doesn't make sense. As meritocracy declines, the rewards increase and false narratives fill the gaps... They'll have you believe that the person who painted Facebook HQ's walls contributed more to society than the guy who actually invented the paint...
ineedasername 5 days ago [-]
It isn't good optics at the moment, or good politics, for a company to loudly proclaim "we're firing people because of AI taking their jobs".
That doesn't mean that's what happened, it only means that whether or not its true, most companies aren't going to say it. The few that have said anything of the sort have suffered some backlash, and they aren't even as prominent as Meta or Microsoft (which also just announced plans to reduce by ~7% through buybacks, the first in their > 50 years) And this is on top of their decline to ~210,000 employees after 2025 firing of 15,000.
asdfman123 5 days ago [-]
It's probably not fun for executives to admit "we overhired and invested in the wrong things" either.
bsimpson 5 days ago [-]
Didn't Square do that a couple weeks ago?
121789 5 days ago [-]
this seems a little hyperbolic without knowing details. they probably already cut around 5% every year for performance anyway (their performance reviews probably just came out). i could pretty easily see the rest of the reduction being unprofitable businesses like VR that they don't want to invest in anymore, it might not be due to AI at all
Forgeties79 5 days ago [-]
Given facebook/Zuckerberg’s history it’s tough to give them the benefit of the doubt. From day one it’s been ruthless, harmful ambitions and business practices. It is a bad company that does bad things.
They also burn capital at insane rates on projects nobody wants then fire everybody involved (see: the metaverse, the very reason they rebranded to that dumb name)
121789 5 days ago [-]
I can pretty much agree with everything you said in the first line
but for the second, I guess I don't consider that terrible? they make risky bets, pay people tons and tons of money to try them, then if it doesn't work out they shut down the projects and let the people go? that feels like every startup except the employees actually get compensated. if that's driving the extra layoffs, it's hard to feel too bad for people who have probably been paid millions already
mswphd 5 days ago [-]
have any of their risky bets paid off though? most of their main products have been acquisitions.
121789 4 days ago [-]
who cares? I'm saying the people that take the jobs for the incredibly risky bets (and everyone knows what is risky) understand the tradeoff--if the bet doesn't work their job is at risk. In the meantime they get paid millions of dollars. That seems like a fair situation to me
Forgeties79 4 days ago [-]
I think we should care about poor stewardship at the top of a major company.
Forgeties79 5 days ago [-]
You make fair points there. I think what bothers me is that they can be so irresponsible with money/their projects, but still somehow manage to make very high margins, and yet they continue to just lay off thousands at a time like this repeatedly. There doesn’t seem to be any logic to it other than typical “number go up” nonsense.
The fact is Facebook had serious red flags going up that the AI boom has papered over (for now?) as well. They don’t make a lot of sense to me.
I don’t know how to tie this all together to be honest. It’s a lot of feelings/emotional response. But frankly it just feels cruel how they treat their employees and our society, so it colors my perception of everything they do.
lanthissa 5 days ago [-]
meta has laid off 34,800 people in just the large scale rounds we know about in the past 5 years.
they're growing at high teens % a year and have record profits and a centi-billionaire has complete control. whats going on there is gross, even compared to the finance world of yearly culling of the bottom few % its gross.
There are a few US companies that crossed beyond the carelessness of us work culture to flat out hostile and metas one of them.
heathrow83829 5 days ago [-]
Literally, what else can they possibly do that hasn't been done? there's just limited opportunity.
missedthecue 5 days ago [-]
I agree. A lot of people have an unspoken assumption that there are unlimited amounts of positive EV investments for any given company to make. This also underpins the extremely common idea that dividends and buybacks are always happening at a direct cost to growth and R&D.
asdfman123 5 days ago [-]
Meta has Facebook and Instagram, and Facebook has been slowing down for a while. Everything else is neutral, a net loss, or not very significant.
dist-epoch 5 days ago [-]
> It's an honest surprise that this isn't spun as "internal AI efficiency gains."
Meta is working on "personal AI that will empower you". Saying they are firing people because of AI would be a bad marketing move.
ModernMech 5 days ago [-]
Facebook is of course a company that had ONE idea, which wasn't even original - trick people to use the service and then use their data in inappropriate ways. I believe their original business plan was "People just submitted it. I don't know why. They 'trust me'. Dumb fucks."
They scaled that idea, made a lot of money doing it because of course, bought up a bunch of companies who themselves had original and ethical ideas. But they were never allowed to shine brighter or step out of the shadow that is Facebook, who still believes their customers are "dumb fucks". That never changed and Facebook's current customers, employees, shareholders, and targets of acquisitions need to remember that and never kid themselves about who Facebook is.
nh23423fefe 5 days ago [-]
When is it ok to lay people off?
gtowey 5 days ago [-]
Laying off 10% of your workforce at a company this size means someone high up has been making some pretty significant mistakes.
So the answer is, when an executive is held accountable for disrupting this many people's lives. When they claw back bonuses they have probably received for hitting or setting those previous hiring targets.
senordevnyc 4 days ago [-]
Laying off 10% of your workforce at a company this size means someone high up has been making some pretty significant mistakes.
Why must a mistake have been made, as opposed to just changes in the market? Doesn't this presuppose that people are entitled to keep their job as long as they want to, and if the company no longer needs them, it's a violation of that right?
And even if it's because the leaders of the company misjudged something, I'm unclear how that means that employees who were laid off have had some great injustice visited upon them.
I got laid off from Block a little over a year ago, and I wasn't salty about it at all. They paid me millions of dollars over the years I was there, they gave me great severance, and I don't view myself as entitled to be able to sell my labor to them, just as I don't view them as being entitled to buy my labor. I wouldn't have felt bad ending my employment if it was best for me, why should they feel bad for doing the same?
gtowey 4 days ago [-]
> Why must a mistake have been made, as opposed to just changes in the market?
If you're high up at a company like Meta, you likely have a compensation package worth millions a year.
The question is what are they being paid for if not to be "better" at steering the ship than others? They always tell us they are brilliant leaders who bring more value to the company than others could or would.
So if they're just following the market like everyone else, and having to react with large reversals, then to me, it starts to poke some pretty large holes in this idea that they are somehow the best of the best. It starts to look like their only real skills are self-promotion and career advancement. Not because they're better at operating the company, but because they're better at office politics.
This is nothing new of course, this is the way most organizational structures have worked since the dawn of time. The people with power are given deference and privilege commensurate with being elite, but really they're just average at doing their actual job and kind of guessing their way through it. I'm not saying Meta is special or uniquely culpable for this mistake here. I'm saying it's a sad fact of life and maybe, just maybe, if we all start saying out loud this truth, that this is something we could change as a society.
nh23423fefe 4 days ago [-]
class war is the only answer ever given
mirrorlogic 5 days ago [-]
BIG FAX
HoldOnAMinute 5 days ago [-]
Imagine a world where people could just be happy with returns on investments. Even treasury bills.
Can't we all just be happy?
spicymaki 5 days ago [-]
If the richest people in the world are chronically unhappy then that indicates that excess wealth does not bring happiness.
hn_acc1 5 days ago [-]
It's more that the psychologically broken people who are also somewhat lucky and intelligent and hard-working end up being those "richest people" - they almost all have some kind of impostor/self-esteem issue. Pretty sure there are a lot of anonymous people with $25M net worth who are happily out rock climbing, traveling, etc.
A_D_E_P_T 5 days ago [-]
It must be true what Schopenhauer said: "Wealth is like sea water; the more we drink, the thirstier we become."
only-one1701 5 days ago [-]
If you make 900,000 but your rent and healthcare are 850000, how rich are you?
kitsune1 5 days ago [-]
[dead]
yalogin 5 days ago [-]
I thought this will be 20% like we heard a few weeks ago. I am still waiting on the news that they are killing the quest headset though. It’s going to happen when mark finally lets go of this anchor
yodsanklai 5 days ago [-]
> I am still waiting on the news that they are killing the quest headset though.
That would be sad. I've never owned a Quest, but the technology is starting to be very impressive. I would consider buying a new generation one.
ryukoposting 4 days ago [-]
It's unreal what the Quest headsets can do. Go look up "questnav." Robots on holonomic drivetrains moving at 20 ft/s while strafing and spinning, maintaining perfect pose tracking using nothing but a Quest 3S strapped into a 3D printed bracket. And with basically zero latency. Oh, programmed by high schoolers btw. It's astonishing.
giobox 5 days ago [-]
I wouldn’t consider this the end of the matter, and given the past few years experience with Meta yet more layoffs are absolutely possible.
Related to the quest, the horizon worlds team was largely let go (around 1000 employees) earlier in the year and are not part of this latest 10 percent etc.
Ifkaluva 5 days ago [-]
I think the Reuters article that preceded this said it would be 10% on 5/20, with more to come throughout 2026
dbgrman 4 days ago [-]
20% is the outlook for the whole year. Wait and see :)
zeroonetwothree 5 days ago [-]
10% May
10% November
sharadov 4 days ago [-]
As much as I hate Zuck - he's a ballsy CEO, he makes big bets, some work and some don't.
Instagram and Whatsapp did!
Heck in Asia and Latin America entire economies use Whatsapp for transacting business.
snarf21 4 days ago [-]
I think it is hard to call IG and WA bets. He simply bought the competition that was set to wreck his platform.
hx8 4 days ago [-]
Meta actually pioneered the Buy The Competition strategy in a brand new way.
1. Larger acquisitions. IG was $1B for a 13 employee company. WA was $22B. We were all talking about how big those numbers were at the time, but looking back they seem like mid-sized acquisitions. Before, most companies would have looked at these numbers and tried to build it themselves, or underbid, or just not pull the trigger. Blockbuster and Netflix. Yahoo and Google.
2. He meet the user where they were. He made no meaningful and instant change to the apps. There was no rebranding. They still have their own login screens and apps. Many casual users might not notice their major platforms are owned by the same company. Compare this to more old-school tech companies like Oracle buying Sun, or a national cellphone provider buying a regional one, or whatever happens with AOL-Time-Warner-Discovery.
sharadov 4 days ago [-]
Not as easy as it sounds, most acquisitions are not integrated well.
He was astute in determining they were going to be 100X what he paid( and he paid a lot by the standards of the day).
upupupandaway 4 days ago [-]
Also extremely astute to stay the hell away from buying Twitter.
btian 4 days ago [-]
Why didn't other CEOs buy them to wreck Zuck's platform?
officerk 4 days ago [-]
You might want to read Sarah-Wynn Willams 'Careless People' or listen to one of her interviews. Your opinion about him might change.
upupupandaway 4 days ago [-]
OP is not saying Mark is a good person, but a ballsy CEO. And he is.
sharadov 4 days ago [-]
I plan to read it, I've no doubt he's a douchebag, but most hyper-successful CEOs are psychopaths.
pgoggijr 4 days ago [-]
Sure but these are low-risk bets for him personally. When they don't work out 8,000 folks pay the price and he is still one of the richest people on the planet who will never have to worry about money, food, housing, or healthcare.
4 days ago [-]
whoisrosh 4 days ago [-]
It may be explained more by his FOMO, he tried crypto, NFT, metaverse, VR and now AI. This feels more like correction of mistakes at pandemic than bold bet at future.
benjaminoakes 4 days ago [-]
I know you're right about Asia and Latin America, but should any one platform or person have that much power?
sharadov 4 days ago [-]
No I don't that's why I said I don't like him or the platform.
But the products are great, and there is no competition.
And neither India or Latin America built domestic products to rival Whatsapp/Insta/FB.
throwwrwqrqr 4 days ago [-]
no one can dare to ban an American company unless they want to be invaded or sanctioned
tech234a 4 days ago [-]
During mass layoffs, why haven't companies offered employees the opportunity to drop down to a four day work week? I'd think many would take the extra day off each week, even if it included a proportional reduction in pay.
dbish 4 days ago [-]
A couple reasons I would guess:
1. Full carrying cost of an employee is much more then their salary so this math is not as straight forward if you’re just cutting time and salary to account for that time.
2. You should assume most people aren’t counting hours in places like Meta, reducing to a 4 day week imho will start making people think more about counting exact hours they’re working. It’s partially why the “4 10s” concept is also a bad idea that permeates the defense contractors.
3. Staying focused 5 days a week for one person probably has better compounding effects for that week than a few people working part time and taking longer to get the work done with longer breaks in between “sessions”. Harder to measure of course but it’s one thing I’d be worried about. Easier to think about if you say each person works 2.5 days a week for half their pay, I’d rather just have one person.
4. Layoffs let you cut by performance.
NegativeK 4 days ago [-]
Your points seem focused on the bottom line and short term extraction of labor from employees, versus actually building a long-term community of healthy, productive people.
Like this:
> will start making people think more about counting exact hours they’re working. It’s partially why the “4 10s” concept is also a bad idea that permeates the defense contractors.
Maybe that's a good thing? [1]
I have no doubt that Meta is thinking like your four points and hiding behind "it's the corporation making the decisions, not a bunch of people at high levels", but... Ugh.
[1] Nitpick - I was speaking to a friend about a decade ago regarding their OT/IOT work in the defense industry, and they told me that they had to aggressively track every hour. The feds were punitive when it came to unreported overtime.
alexjplant 4 days ago [-]
> the “4 10s” concept is also a bad idea that permeates the defense contractors.
If you're doing work on a cost-plus-fixed-fee contract (which many software development efforts are) then you have to count hours anyway because you get paid based on what you bill. The fact that nothing substantial gets done in the additional 1-2 hours a day is immaterial because these arrangements are really just fringe benefits in the form of additional time off for employees. As a practical example: people working "9 hour days" with mid-afternoon on-site customer meetings and a half Friday from home certainly aren't fitting 40 hours of productivity into their week and nobody cares - everybody gets paid, the job gets done (for some value thereof), and millions of Americans stay employed. One might even argue that this is a feature since working less efficiently means more billable hours to the government and a larger economy.
2 days ago [-]
gensym 4 days ago [-]
There's a fixed cost to every employee. Health care being the biggest, so you don't save 20% by dropping an employee to 4 days / week, even with a proportionate pay cut.
Though the bigger reason is the belief that people who are willing to take a paycut in order to work less are not the people you want on the team. There's still a stigma to not making (or least pretending to make) your job the priority and treating every other part of life as a support role for it.
kjkjadksj 4 days ago [-]
Because it isn’t scientific. It is about appeasing irrational investors who demand a blood sacrifice. This is why it is always a big even number, and not some carefully established number based on analysis of operational shortcomings.
jen729w 4 days ago [-]
Because the stock market won't care about that.
plemer 4 days ago [-]
You’d have to go company-wide to sync schedules and norms. Not just opt in. Many would not like a 20% pay cut. The best talent would disproportionately leave.
Also, theoretically Meta is getting rid of their worst performers, so their cuts and declines in productivity would not be proportional, especially as the cuts inspire fear to motivate productivity from the remaining employees.
Ifkaluva 4 days ago [-]
Does it inspire fear to motivate productivity?
Haha, no, it inspires motivation for finding a new job. Interview prep takes time!
danans 4 days ago [-]
> Does it inspire fear to motivate productivity?
> Haha, no, it inspires motivation for finding a new job. Interview prep takes time
Everyone's circumstances are different. Many people - especially those with dependents - would reasonably be afraid. Whether that would inspire lasting productivity is questionable. It could also inspire less productive ways of getting ahead.
androiddrew 4 days ago [-]
Isn't this the same idea of the old Roman decimation.
gordonhart 4 days ago [-]
Depends on who's making the call for who gets cut. A key part of decimation was that the doomed soldiers were beaten to death by their comrades to give the remaining 9 a bloody, lasting impression of their dishonor. If Meta makes everybody sit in a group with their ten closest coworkers and debate until they decide who gets cut it's a lot closer to decimation than if management suddenly shuts off 10% of employee computers.
reconnecting 5 days ago [-]
Given the same trend at Oracle and Amazon (1), it seems large corporations are cutting costs ahead of bad news... and that news isn't about AI.
PunchyHamster 5 days ago [-]
It is about AI. The news is "the AI is far less monetarily lucrative endeavour than we thought but don't worry, we already fired enough people to compensate for the loss"
kakacik 5 days ago [-]
... the just around the corner syndrome. And when new quite capable model comes, prices triple in 6 months like with chatgpt 5.5 now and they are still losing on it. Soon, hiring that junior will be cheaper than monthly subscription. I am struggling to imagine ie some big bank willing to invest just for this say 50 millions a month.
Then within few years, when the amount of bugs in quickly produced software skyrockets and it will be extremely hard to debug that code by hand, market will change again. These llms will find their solid place but not at current projection/investment wishful thinking. And definitely not for software that is continuously developed, changed and fixed for decades (which is default for most corporate apps, be them internal or vendor ones).
PunchyHamster 4 days ago [-]
It's still useful for that. As a tool, not "replace half the devs" pipe dream of the executives.
Could probably replace fair few of executives and higher management tho, why pay sycophants six figures when all you need is LLM sub
mirrorlogic 5 days ago [-]
Punchy FTW
torginus 5 days ago [-]
From what I can tell, its more about cashflow - basically companies need to spend most of their revenue or be taxed on it - and you can buy only so many servers.
Now capital can flow towards AI - I'm sure the reason why engineers at Boeing or GM don't make the same money as software devs do is that their industries are otherwise capital intensive, among other things.
igleria 4 days ago [-]
I wonder if in a parallel universe without the extremely stupid metaverse sidequest this could have been prevented.
danans 4 days ago [-]
I doubt it. Expensive and wasteful side quests are a symptom of too much wealth/power concentrated in too few hands.
Unless your parallel universe has a more (not perfectly) equal distribution of capital and resources, it would have ended up here in some other form.
shin_lao 4 days ago [-]
AI is a scapegoat. These companies are bloated. That's why they are laying off people en masse.
dbgrman 4 days ago [-]
Not just bloated, obese. These companies have an eating disorder. They can longer control it. Even after all the layoffs meta gained net weight in 2025.
_heimdall 4 days ago [-]
2026, the year of Corporate Ozempic?
rickcarlino 5 days ago [-]
Layoffs.fyi is not looking good right now.
ProllyInfamous 4 days ago [-]
I'm really surprised that they:
1) still have a submission form that doesn't require email
2) that they post my email-less submissions from my smaller USA city, too [farily quickly, as well!]
heathrow83829 5 days ago [-]
but does it really cover all the layoffs? if a company just slowly oozes out employes via pips or attrition without rehiring, i don't think it will cover the full extent of manpower reduction. i think we need a better metric, that looks at net bodies on the job.
sys_64738 5 days ago [-]
Does the Facebook corporate campus still have the Sun Microsystems logo on the reverse side? I hope these 10% see that and welcome its significance.
dehrmann 4 days ago [-]
As of a few years ago, some of the restrooms in Classic still had purple and yellow tiles.
The only part of Meta I care about is the PyTorch team. Are those people also being affected by this?
htrp 5 days ago [-]
a bunch of them already left....
SpaceNoodled 4 days ago [-]
Nice to see that decimation is back in style
jonnonz 5 days ago [-]
What happened to the metaverse ?I suspect maybe wasting all the resource wasn’t a good idea
autophagian 4 days ago [-]
The whole concept just didn't have any legs.
whatever1 5 days ago [-]
Let me guess. Year of efficiency?
bradlys 5 days ago [-]
It’s being coined the decade of efficiency now.
alex1138 4 days ago [-]
The little red book says so
janalsncm 4 days ago [-]
I wonder if the quality of YC applications will go up as more engineers find themselves in need of a job.
It would really be poetic justice if some former employees of established companies went for the jugular of massive SaaS incumbents.
xtracto 4 days ago [-]
This really should be the case. If AI tools are really making it easier to build stuff, we should see hordes of new startups solving all kinds of problems thar were difficult or expensive to solve before.
I've been seeing this in the startup ive been for the past year. We are 20 people, and are solving fiscal reconciliation problems for HUGE companies in my country. Building thing that were just not scalable before.
I'm waiting for all the cool startups in both b2b and b2c that solve health, time spending or money problems.
byzantinegene 4 days ago [-]
in theory yes, but all the money is going into AI or AI-adjacent startups that no one would actually build a product that solves problems if it doesn't incorporate AI in it.
xtracto 4 days ago [-]
Using AI is fine. The key is to use it to build processes/Systems that solve problems deterministically. Instead of "asking them" to solve the problems non-deterministically themselves. It's way cheaper and robust.
As an example, we had to be able to parse most uses b2b bank statements. That means understanding the structure of around 30 different formats, some with very subtle differences within them.
The naive and expensive approach was to train an LLM to do it (after OCR).
Instead we used AI to generate a generalized python parser that is "configurable" for different structures. (And also extracts data from PDFs without OCR, unless they are pure images).
It covers the 99% of the cases. And for that 1% we pass it through AI for immediate solution, and to generate the additional deterministic config to cover it.
But I digress (lol). The point is, there are so many interesting problems that can now be solved. We should have teams of 3 to 5 people doing crazy stuff.
dbgrman 4 days ago [-]
I am sorry but people going and wanting to go back to meta after being laid off is exactly why Meta keeps getting away with it.
I am in some ex-meta groups and people tell they got laid off and in the same sentence ask how/when can they apply again. If someone is laid off for supposed ‘low performance’ and they still want to go back because it pays 10-20% higher than others is just weak. Have some self esteem!
On the topic of recording clicks and keystrokes: they have one of the most extensive surveillance-ware on employee devices since 2015. So its not new. Its posted publicly to avoid some law suits in near future.
On the topic of training ai with this data: where do i even start. Meta is so delusional. NO ONE uses the ai in whatsapp, messenger, facebook, instagram. Many people don’t even try it. So regardless of the quality of the model, no one wants to speak to meta’s ai. Even if they produce a very efficient coworker, why would anyone touch meta’s ai? I wouldn’t want to touch it with a 10-foot pole.
hmokiguess 4 days ago [-]
I wonder if workers are now realizing that working for a corporation that predates on the vulnerability of humans through dark patterns isn't the best career move and have been trying to push for a better agenda internally, which leads to leadership shaving off to reset culture but framing it as "efficiency".
Does anyone affected by this or that works at Meta would dare speak about it?
rbanffy 5 days ago [-]
Every time something like this happens I think that at least one person made a very bad cash flow decision and now needs to cover a hole they dug out themselves.
Sadly, they are never the ones to be sacked.
marcosdumay 5 days ago [-]
They are probably reacting to the general economy.
rbanffy 5 days ago [-]
The scariest thing is that people with this amount of responsibility was caught by surprise.
givemeethekeys 5 days ago [-]
With the way people get added and removed from big tech, why is having worked at these companies still considered a badge of honor?
Ifkaluva 5 days ago [-]
I don’t know if it’s a badge of honor, but it’s definitely highly desirable because they pay a lot. The term FAANG was originally coined to group together extremely high paying companies.
Basically, if you are L5 or above and can survive 4 years at Meta, you’re guaranteed to be a millionaire by the end of it. Go to levels.fyi and do the math yourself.
derwiki 4 days ago [-]
Mathing that backwards, you’re saying L5 makes 250k/year? That seems very low for Senior.
zihaoyu 4 days ago [-]
After paying tax, rent, food, retirement savings, etc, you will have a million in liquidity sounds like more than 250k/year.
Ifkaluva 4 days ago [-]
Your housing, childcare, food, and even taxes are $0? Wow dude.
nemo44x 5 days ago [-]
For years the advantage big tech had was that capital expenditure was minimal and now with every big tech company trying to become an AI company they’re blowing gobs of money on data centers and everything that goes inside of them.
AI is a huge bubble right now and although it is useful and future models will be more so, the truth is that it’s a lot of pie in the sky too.
HardCodedBias 5 days ago [-]
Everyone at Meta should know the score.
Meta pays top dollar. They also pay enormous sums for what management identifies as performance.
Conversely, Meta is ruthless about cutting those management identifies as low performers.
This is the deal going in. It’s not a crime.
swiftcoder 5 days ago [-]
> Conversely, Meta is ruthless about cutting those management identifies as low performers.
Thats what the normal Meta up-or-out promo/comp structure is for. This sort of thing hasn't been about that for a while. Sure, they will say they stack ranked the company and fired the bottom 10%, but given how many layoffs they've done, at this point it's just an ongoing brain drain.
(I departed when the writing was on the wall for the '21 layoffs)
mr_toad 5 days ago [-]
When Meta was a question mark, or a star performance was all about growth. But now it is a cash cow, performance has a different meaning. Efficiency is the name of the game, and efficiency is not synonymous with high salaries or headcount.
whilst they get efficiencies and may improve margins, the long term damage of culture and having 'yes men' will damage their business far more than a few quarters of tighter growth and margins.
gmadsen 4 days ago [-]
What is the intended purpose of giving a generic notice like this to employees? Are they suppose to compete for job security or start interviewing elsewhere?
deferredgrant 5 days ago [-]
A cut this big usually means the company let itself get too sprawling and is now correcting late. That does not make it less rough for the people getting hit, but it does make the move pretty unsurprising.
janalsncm 5 days ago [-]
I remember in 2022 people still said things like “there hasn’t been a major tech layoff in 20 years”. Those days are a distant memory. This Meta layoff is lost in the noise of tons of other ones by this point.
eleventen 4 days ago [-]
If you sort https://layoffs.fyi/ by date, the machine started turning in 2020. But it did indeed kick into high gear in 2022.
I'd guess AI has made the average SWE around twice as productive at this point. This is a sort of efficiency shock, where companies suddenly need to find twice as much productive work to do or start firing employees. FB probably had a bunch of slack to absorb this but ultimately it's just hard to find that much work all at once.
I predict that tech companies will hire back a lot of this lost headcount over time. Although AI will keep getting better, so there's more downward pressure coming. Facebook, Amazon, and Google have had flat headcount since 2022, and this layoff will reduce FB's size back to 2021 levels.
linkjuice4all 5 days ago [-]
I guess Meta still needs some people to run the core business (ads/social media rageslop) but your point about 2021 staffing levels would suggest they haven't been able to innovate or bring anything new to market in the past 5 years. Llama has certainly been impressive but doesn't really add more money to the pile or more eyeballs to the ad inventory.
It would be nice if someone with another big pile of money could put some of these ex-employees to work so us mid-level schlubs don't have to compete with former FOAMers (new initialism for the hyperscalers of layoffs) for 'regular' tech jobs, but it appears there are no new ideas or markets to capture.
chis 5 days ago [-]
I disagree. While their core products have stayed similar, they keep getting better at ads after Apple's privacy changes in 2021 hurt their efficiency. And Instagram has changed quite a bit, with reels growing to half of total IG usage. (Of course these are dystopian products but I'm just trying to be objective here).
To me a company at FB's scale is inevitably going to be optimizing around the margins. I mean you could argue any of Google, Amazon, FB, have had basically the same cash cows for 10+ years now.
rvz 4 days ago [-]
> I predict that tech companies will hire back a lot of this lost headcount over time.
After the AI race and the large IPOs of 2026, this will be the case. The hiring pipeline will be a lot slower than 2021 and will be more controlled.
threepts 4 days ago [-]
I thought they were doing this in order to allocate funds for their multimillion acquisitions on their superintelligence labs?
josefritzishere 5 days ago [-]
It's like the economy is struggling or something.
i_love_retros 4 days ago [-]
We're going to need UBI really soon. I fear for society as we know it if it doesn't happen.
ProllyInfamous 4 days ago [-]
-OR- a global meatgrinder to dispose of excess younger/impoverished males.
Between you and me and the internet, I'm rooting for UBI.
i_love_retros 4 days ago [-]
Can't we throw billionaires in the meat grinder instead?
ProllyInfamous 4 days ago [-]
I think Flock nationwide tracking is the best metaphor / reality against any sort of that talk.
But as the Simpsons' favorite space alien duo observes: "why doesn't the workingclass, the larger of the two, simply eat the rich?"
----
This will seem random, but the advice is: if you're still renting, see if you can pay a few quarters/years ahead. Real estate is locked-up worse than any millenial has ever experienced, rents are stagnant (being generous), and the dollar is quickly losing OPEC-status for obvious reasons. Perhaps this can save you some cash (even negotiate for less?!), and then the landlord class can feed its forever-temporary quest for the_gainz.
I am personally paid two years ahead, to a mom-and-pop local homeowner — at current undermarket rate. I save more money per month than most of my workingclass home-owning neighbors (I would NOT buy a house right now if you can find undermarket rents — increasingly commoner).
-OR- buy some gold1oz/silver10oz
-OR- rent out that 250sqft inlaw suite you thought'd be impossible to [if already house-trapped: it won't sell good rn]... and make both roof's occupant lives better.
----
Just some random thoughts from an absolutely jaded #ElderMillenial
shevy-java 4 days ago [-]
Will Meta also cut down on their use of lobbyists, trying to mandate more age sniffing?
Something is seriously flawed here.
prism56 5 days ago [-]
Wonder if there is a self fulfilling prophecy. These large "AI" companies push their models/platforms for increasing productivity. If they're not reducing their own workforce or increasing productivity and reaching larger growth and profits, why would the rest of the world believe them and do the same.
midtake 5 days ago [-]
Don't worry, these CRUD app software artisans will land on their feet somewhere.
upupupandaway 4 days ago [-]
I don't understand this comment at all. Are you being sarcastic? Digging at the developers? At Meta?
neuroelectron 4 days ago [-]
Can they liquidate 10% of their AI infra while they're at it?
dbgrman 4 days ago [-]
They’re trying that with meta compute
gip 5 days ago [-]
I have been told by a startup founder that he wants his strongest player to replace and automate the weakest using AI!
That may be what Meta is already doing. I’m afraid we are going to see something like that at play in tech for the coming few years until we get to an equilibrium. Sad and it might work.
Chinjut 4 days ago [-]
Again? Haven't there been waves of mass Meta layoffs already?
keithnz 5 days ago [-]
one thing with AI is it really seems great for small companies as it allows you to do more, but for big companies, not really sure it enables anything other than figuring you are overstaffed.
franczesko 4 days ago [-]
If there's a number given, the reason is secondary.
matt3210 4 days ago [-]
AI winter #3 incoming. Enjoy the cheep ram and gpus
Magi604 4 days ago [-]
I hope you're right. What my RAM cost me $130 last year is $650 last week. This is ridiculous.
blinded 5 days ago [-]
Systems are great, but the product has been very poor.
ptdorf 5 days ago [-]
The firings will continue until morale improves.
5 days ago [-]
LogicFailsMe 5 days ago [-]
"letting go of people who have made meaningful contributions to Meta during their time here..." is a sacrifice Mark Zuckerberg is willing to make.
cdrnsf 4 days ago [-]
Eh. I haven't used any of their products in well over a decade and don't miss any of them. Zuck is spineless and totally unlikeable.
alex1138 4 days ago [-]
AI or not, I can't wait until the tech platforms decide they don't need any workers to actually, you know, work on their product, and so it gets worse and worse
Facebook is kind of a functionally useless product. The feed has always been a mess. You can get banned at any time, there's no account security, and so on and so on
atl_tom 5 days ago [-]
I bet they are worried about the class actions that the SC lawsuit opened up.
booleandilemma 5 days ago [-]
Programmers only or across the company?
swiftcoder 5 days ago [-]
They don't have 80k programmers. That's total staff
OtomotO 5 days ago [-]
Never at the head... Although the fish begins to smell at the head, as we say here...
frrho 4 days ago [-]
Meta has been dead for years
greg_dc 4 days ago [-]
Meta will go down in history as the quintessential case study of late stage capitalism. A company that has provided a consistently worse product over time and produced consistently less value over time to the detriment of both their users and employees, yet somehow gets consistently more profitable.
maxrev17 5 days ago [-]
Neckbeards’rein is over!
wolvoleo 5 days ago [-]
Again??? Phew glad I don't work there. I hate that constant worry.
rambojohnson 4 days ago [-]
and they're going to start monitoring employee keystrokes and mouse movements to train AI. good luck guys. save up aggressively now.
America is rich, but that money is spent on new problems we invented for ourselves. We subsidize farmers growing unhealthy foods, then subsidize buying those unhealthy foods through food stamps. Then we subsidize healthcare to address the consequences of extra obesity.
Single-use zoning makes it illegal to build the places people want to go within walking distance of where they live, so we spend trillions over decades building car infrastructure to allow people to commute. Of course the consequences of commuting by car is more pollution and less exercise, again causing health issues.
expedition32 5 days ago [-]
The richer a country becomes the more expensive everything gets.
The average house price in my country is now 400k eurodollars. And banks keep giving out loans.
adammarples 5 days ago [-]
Huh, did anything happen in 2020? I'm wracking my brains trying to think of anything.
kartoffelsaft 5 days ago [-]
As the article touches on, it's not just about what happened in 2020, but why it hasn't rebounded. It's been long enough we can't use 2020 as an excuse.
honeycrispy 5 days ago [-]
It's the housing prices and the affordability of life in general. We are all debt slaves now. I am 100% using 2020 as an excuse because it broke the market and sent housing prices up 50%+ in 6 months.
The fact that we are entertaining 50 year mortgages as a "solution" further adds insult to injury.
Nobody talks about how the "cure" was worse than the disease in 2020. Happiness matters and is worth dying for.
LogicFailsMe 5 days ago [-]
Similarly, I roll my eyes when people still blame Ronald Reagan for the current homeless situation in California. There's been plenty of time to correct that mistake and well???
But honestly, IMO America has become a joyless, directionless dystopia of soma and bread and circuses in the middle of a geopolitical knife fight to define the 21st century and maybe even hit the singularity. I'm not happy with the current management, but it was the same unhappy bunch talked about here that decided by voting or opting not to vote that gave it a second shot. Kinda deserve this, no? If no, I'm all ears for your one weird trick to fix America, go for it!
Yeah I know, downvotes incoming for such heresy. If you don't pick a side, then what are you even doing?
adammarples 5 days ago [-]
On the contrary, 2020 permanently changed the nature of many of my relationships and the same is true of everybody I know
cruffle_duffle 4 days ago [-]
Pretty much. Lots of people who really were violently supportive of those measures will never admit to themselves what a horrible, entirely predictable mistake it all was.
It absolutely destroyed a ton of very good things, perhaps forever.
lpcvoid 5 days ago [-]
Yeah, also first thing I thought about. What a shit time altogether right now.
BurningFrog 5 days ago [-]
It's well known since ancient times that money doesn't buy happiness.
darth_avocado 5 days ago [-]
That’s just what people with money tell the people without money to stop them from rioting. We have research that suggests that money indeed does buy happiness.
There are exceptions of course. Some people are just predisposed to being unhappy no matter the circumstances, but generally speaking more money directly correlates to increased life contentment.
saila 5 days ago [-]
I think it's a bit more nuanced than that. As I understand it, happiness increases for most people as their income increases. However, this doesn't mean that a person is happy overall since there are other factors. So, it's not that money can buy happiness in a binary sense, but it's a factor and often a significant one.
The article even ends with this quote from one of the authors of the study (emphasis added):
“Money is not the secret to happiness, but it can probably help a bit.”
elektronika 4 days ago [-]
> Specifically, for the least happy group, happiness rises with income until $100,000, then shows no further increase as income grows. For those in the middle range of emotional well-being, happiness increases linearly with income, and for the happiest group the association actually accelerates above $100,000.
Exactly. There are other things you can do to be happy and some personalities are simply miserable, but there's nobody who's better off with less money. I'd be curious to see if this holds in societies with better social safety nets for whom money isn't as directly tied to survival or options in how to live.
voxl 5 days ago [-]
And it only takes an ounce more wisdom to recall this phrase: "Money can't buy happiness, but it helps."
tbossanova 5 days ago [-]
Money can’t buy happiness, but being broke will certainly make you unhappy
renticulous 5 days ago [-]
Money buys you Freedom. A much more general category theory type framing.
LogicFailsMe 5 days ago [-]
Money fills your Maslow. After that, you are responsible for your happiness. And there sure are a lot of rich people who aren't very happy.
bsimpson 5 days ago [-]
Or as Daniel Tosh put it:
"It buys a WaveRunner. You ever seen a sad person on a WaveRunner?"
hluska 5 days ago [-]
These comment sections are getting more and more useless by the day.
snovymgodym 5 days ago [-]
Maybe not, but poverty definitely causes unhappiness
gedy 5 days ago [-]
Maybe but this happiness chart seems to reflect economic recessions (including some unofficial ones)
peacebeard 5 days ago [-]
Money doesn’t buy happiness but it does buy groceries, day care, car insurance, etc.
testing22321 5 days ago [-]
The thing is that Americans don’t have much money. A few billion and millionaires skew the numbers horribly.
The average American ain’t doing very well by OECD standards… literally bottom of the ladder.
ambicapter 5 days ago [-]
Not if you pop in to the HN thread for that article, funnily enough.
lamasery 5 days ago [-]
It sure as shit buys relief from lots of sources of stress (even little ones like "having, non-optionally, to track how many dollars of goods are in your shopping cart at the grocery store" or "having to check how much money's in the account before you start pumping gas") and credible safety from various very-real threats (e.g. homelessness, not being able to afford important medical treatment). Like, it's extremely good at that.
It buys actual non-hypothetical liberty, as in greater choice to do what you like with your time and your self. It relieves one from unpleasant but necessary tasks (by paying someone else to do them).
And little money buys even less. What’s your point?
appz3 4 days ago [-]
[dead]
rishabhaiover 5 days ago [-]
I have a genuine dislike for all Meta products now. With time, their intentions have become much more clear and it was never to bring people closer or whatever.
mr_toad 5 days ago [-]
> With time, their intentions have become much more clear
Wasn’t the original intention behind facebook to accumulate a directory of hotties, probably with the aim of bringing them ‘closer’? They pretty much put it on the label; it’s not called personality book.
kokanee 5 days ago [-]
My theory is that Zuck has profound imposter syndrome due to the public knowledge that his joke of a side project in college went uber-viral and he has had to play CEO dress-up ever since. He has been desperate to prove that he actually has deep technological insight with his big bets on wearables and the metaverse and AI, but the truth is that his entire dynasty is built on people's need to snoop on pictures of their crushes and their exes. I think the company has actually done some impressive things with staying alive via acquisition as facebook has rotted, but he wants to be known as a tech genius, not an M&A suit.
antisthenes 5 days ago [-]
One can only hope that he just fully turns to philanthropy a la Bill Gates sooner rather than later, and gives up trying to "connect" people (which somehow always turns into privacy nightmares).
ausbah 5 days ago [-]
you would think being valued at billions of dollars for over 20 years now would give you at least a little validation
mattgreenrocks 5 days ago [-]
Funny thing about internal work is that it cannot happen via changing one’s external circumstances. And it’s super tempting to numb it out with status symbols.
The evidence for this is rather plain to see at this point in history. ;)
trelane 5 days ago [-]
> Wasn’t the original intention behind facebook to accumulate a directory of hotties, probably with the aim of bringing them ‘closer’?
Sort of.
Wikipedia @ 2:
> Mark Zuckerberg built a website called "Facemash" in 2003 while attending Harvard University. The site was comparable to Hot or Not and used photos from online face books, asking users to choose the 'hotter' person".
Britannica:
> Despite its brief tenure, 450 people (who voted 22,000 times) flocked to Facemash. That success prompted Zuckerberg to register the URL http://www.thefacebook.com in January 2004.
> They pretty much put it on the label; it’s not called personality book.
Wikipedia @ 3:
> A face book or facebook is a paper or online directory of individuals' photographs and names published by some American universities.
Wikipedia @ 2:
> Zuckerberg coded a new site known as "TheFacebook", stating, "It is clear that the technology needed to create a centralized Website is readily available ... the benefits are many."
"People just submitted it. I don't know why. They 'trust me'. Dumb fucks." -Mark Zuckerberg
swingboy 5 days ago [-]
I think the “face book” was used prior to the name of the company for what you would call a college student directory. Like a yearbook.
tasuki 5 days ago [-]
> Wasn’t the original intention behind facebook to accumulate a directory of hotties
Maybe so, but have you seen Zuck's wife? I'm pretty sure he could find someone hotter to date if he cared to. There must be armies of gold-diggers after him. And yet he seems happy with his imo rather plain looking wife. Well done them both!
selimthegrim 5 days ago [-]
I’m pretty sure she’s ditching him
kakacik 5 days ago [-]
Its pretty safe bet to completely ignore any PR, be it meta, apple, google or whatever, and just look at past actions of company and owners/ceo. Shallow talk is very cheap, morality often isn't. Then no surprises happen, practically ever.
sevenzero 5 days ago [-]
This really should be a basic concept every human needs to understand. Public communication in 99% of cases is fabricated to please the masses, but usually hides a lot of the actual intentions of the communicating party. Whether it be advertisers, politicians, CEOs, certain news channels and whatnot. You can not trust public speeches without digging for some info yourself.
vovavili 5 days ago [-]
Meta products are pretty good specifically if you're a business owner who wants to advertise his product.
5 days ago [-]
hn_acc1 5 days ago [-]
Now? NOW? Not 15 years ago?
fidotron 5 days ago [-]
Going back to the G+ era, I remember even by that time the FB dev advocates (these existed) came off as seriously slimy, to the point that it was clear we couldn't have the Google and FB reps in the same room at the same time. (And the Google ones were much more good humored about this).
Admittedly that was just a couple of guys, but it takes something to be so obviously toxic yet still chosen to represent the values of your company at a third party.
Arguably the Google ones were guilty of naivete, but that's not a crime you'd want to punish too hard, and I was myself guilty of far worse.
da02 5 days ago [-]
What did you think of G+? I never understood it, but what would you have done now differently than Google with G+ (using your hindsight and battle scars)?
kryogen1c 5 days ago [-]
> their intentions have become much more clear
The hunter Biden laptop story was censored - including in private messages - and Charlie Kirk was shown being shot in the neck to death to children.
There's nothing else to say.
oxag3n 5 days ago [-]
Well, they could layoff 100% and world would be a better place to live.
It really sucks for software engineers though - first these companies made a hype out of "coding" and hacking to build those monstrosities, now they switched to squeezing the accordion to keep the music going. This is not the first time and I hope not the last one - just need new Yahoos of 20s to pop up.
doublerabbit 5 days ago [-]
> just need new Yahoos of 20s to pop up.
I'm up for building this. What dinosaur languages should we code this in? erlang, tcl and perl?
kibwen 5 days ago [-]
You may need to sit down for this, but when Yahoo launched, TCL was 6 years old, Perl was 7, and Erlang was 8. Today, Go is 14, Swift is 12, and Rust is 11.
phyrex 5 days ago [-]
You could work in Erlang, PHP, and C++ at Meta ;)
hn_acc1 5 days ago [-]
I'm still partial to Tcl from years in EDA - sign me up..
rdevilla 5 days ago [-]
Just use lisp.
lbrito 5 days ago [-]
Haskell!
rdevilla 5 days ago [-]
Now that I think about it, the Haskell Report did come out in '98...
guzfip 5 days ago [-]
Hey, erlang is brilliant
mlvljr 5 days ago [-]
[dead]
shimman 5 days ago [-]
[flagged]
matchbok3 5 days ago [-]
These workers have a better gig that 99% of Americans. They certainly have "self-determination".
If they can run it better than Zuck they are free to try, believe it or not.
swiftcoder 5 days ago [-]
> These workers have a better gig that 99% of Americans
Given that the cited 10% includes the folks who have to drive 2 hours each way to cook/clean in the campus kitchens... not sure that they do. Meta isn't all software engineers, by a long shot
wahnfrieden 5 days ago [-]
Huh?
oytis 5 days ago [-]
What would they do with this self-determination? It's not that Meta is producing something useful you know.
fl4regun 5 days ago [-]
maybe they could produce something useful with that self-determination? or are you being sarcastic?
oytis 5 days ago [-]
Meta, as an organization, is not designed to produce anything useful. If someone at Meta thinks they could organize a programmer collective that would make its members good (or any) money, they can just walk out and do that. Computers are cheap, means of production are not limiting people's capacity to earn living with code.
pan69 5 days ago [-]
Elections for executive leadership doesn't sound all that crazy to me. With 30+ years in the business I have witnessed my fair share of executive whackos that wouldn't have passed a basic sniff test if they had convince workers that they should be the one leading them.
matchbok3 5 days ago [-]
We already have votes for leadership. It's called employment and market share.
hackable_sand 4 days ago [-]
Do you mean employment in a collective or as part of a union?
Also I don't understand what market share has to do with democracy. Is that some sort of voting scheme?
Is this a crypto thing?
krapp 5 days ago [-]
>All the more reason why we need workplace democracy. The elites clearly do not know how to run a business and the economy is the final frontier for democracy to expand into.
One might almost say workers should... own the means of production?
oytis 5 days ago [-]
Every programmer owns the means of code production (unless they forgot how to code without Claude). Turns out it's not necessarily enough to make money.
oblio 5 days ago [-]
Code production is not code distribution nor code advertisement, nor code marketing in general, etc.
oytis 5 days ago [-]
Yeah, that's the thing. You need the whole business to turn code into money, and you need this business to be run well, and either do what people with big money want it to do or to make lots of people with small money pay for its product regularly. Either way, it's not what autonomous programmer commune will do well in my opinion
bombcar 5 days ago [-]
It's usual for the programmers (or laborers in general, perhaps) to assume that their portion of the business does all the "real work" and the 60-70% "rest of the company" do nothing and add no value.
bee_rider 5 days ago [-]
Although, Facebook doesn’t produce much, right? Some glasses I guess. “Workers should own the means of collecting data to influence people towards some sources of production” doesn’t have quite the ring to it.
readthenotes1 5 days ago [-]
Workplace democracy would work better than democracy does anywhere else?
And, of course, every tech worker already has a vote. As the saying goes: they can vote with their feet.
lamasery 5 days ago [-]
It's a catchy turn of phrase, but of course a vote and an option to leave aren't the same thing at all.
jerkstate 5 days ago [-]
The means of production are for sale, they can own them if they want!
skirmish 5 days ago [-]
But we don't pay for coding tools, we want them for free!
OtomotO 5 days ago [-]
[flagged]
JumpCrisscross 5 days ago [-]
We’re still on a startup forum, right?
mr_toad 5 days ago [-]
Are we though?
wahnfrieden 5 days ago [-]
Are weekends off un-american too because it came from worker movements?
Re: replies that one day off has been around much longer. Yes that’s what changed - the change was for 2 days off.
BurningFrog 5 days ago [-]
Saturday's off came from Exodus 20:8-11, about 1400 BC.
wahnfrieden 5 days ago [-]
Yes I know it was that bad for that long. The worker movement was to expand that to two days.
TeMPOraL 5 days ago [-]
Saturdays are communist. Sundays are far-right.
mrbombastic 5 days ago [-]
What do i have to be to get Fridays too?
mr_toad 5 days ago [-]
Be French, and get divorced?
selimthegrim 5 days ago [-]
Muslim?
TeMPOraL 5 days ago [-]
You can get one Good Friday a year if you live in a country that treats it as bank holiday, or is Catholic enough that it's effectively a day off, even if not an official one.
You can get extra Fridays off if you move to a country with bank holidays that tend to land on Fridays, which is correlated with history of either communism or organized religion (much like the weekend).
But, if you want every Friday off, your best bet is to embrace hyper-capitalism and worm your way money so you can have four-day work week.
(Easier to achieve than the legendary four-hour work week anyway.)
TL;DR: the more opposing ideologies you can simultaneously hold, the more days off in a week you're morally entitled to :).
matchbok3 5 days ago [-]
Where is there a successful socialist economy that produces innovative products that impact the whole world?
I'll wait for you answer.
freejazz 5 days ago [-]
The thought that Meta has in any way benefitted society is objectively insane.
matchbok3 4 days ago [-]
Literally billions of people would disagree with you.
The arrogance displayed here is astounding.
And this is coming from someone who doesn't like FB or Zuck.
freejazz 4 days ago [-]
>The arrogance displayed here is astounding.
Projecting much?
matchbok3 4 days ago [-]
Nope. Thanks.
khriss 5 days ago [-]
I know it's implied, but you would be wise to add a /s
Quite a few folks on HN have developed a remarkably thin skin and no longer make the most charitable interpretation.
OtomotO 4 days ago [-]
I refuse to do such things to cater to certain people.
Frankly I don't care whether I get or lose karma points, lol
rvz 5 days ago [-]
Is this what they mean to "Feel the AGI?"
AGI has been achieved internally once again at Meta.
advisedwang 5 days ago [-]
> AGI has been achieved internally once again at Meta
Care to elaborate on how you came to this conclusion?
rvz 5 days ago [-]
Given that the definition of "AGI" is meaningless, my definition of "AGI" is what it is been used for right now, rather than what any of these CEOs are promising:
It means layoffs with AI, with the smokescreen of "abundance".
OtomotO 5 days ago [-]
Asocial Grumpy Interests?
dwa3592 5 days ago [-]
Would it be Mark's cloned AI who will call everyone 'personally' to share this news?
I won't be surprised if that's one of the use cases in their mind.
4fterd4rk 5 days ago [-]
The real question for me is how the hell did this company reach $200 billion in annual revenue? Nothing about our economy makes any sense to me.
zeroonetwothree 5 days ago [-]
Something something ads
5 days ago [-]
cchrist 5 days ago [-]
This isn't surprising. This will happen at every tech company first, then every other company afterwards. All jobs will get automated, then all companies will be ran by one person: their owner.
mr_toad 5 days ago [-]
So is everyone going to run a company? Or what will the rest of the people do? If they don’t run companies, and they don’t have jobs, how will they buy anything, and who will the people who do run companies find customers?
arnitdo 4 days ago [-]
Ah yes so 8 billion (at least) companies are supposed to pull financing out of their rear-ends?
You've re-discovered freelancing!
1. By making workers unnecessary (largely hypothetical right now?)
2. By companies spending big on AI, but it didn't pay off yet so they need to cut back on something else.
3. AI is a good excuse for layoffs they want to do anyway.
Also - the investors would rather hear "AI" than "oops we are in trouble so we need to do layoffs". For example, if you spent a lot of billions on a 2nd life clone with fewer players than developers ...
All of these tech companies (with perhaps the notable exception of Apple) massively overhired during the pandemic, and that overhiring was on top of a decade+ of the ZIRP era. So there are 2 main drivers of these layoffs:
1. Correcting pandemic overhiring
2. In the ~2010-2022 timeframe, tech companies poured all this money into speculative bets that never went anywhere, at least from a profit perspective (think Amazon's Alexa devices division, Google Stadia, and perhaps most famously the Metaverse itself). All those diversions are now toast, and they employed a ton of people. The only speculative bet that is now "allowed" is AI, which is one reason why I giggle whenever I hear people trying to defend their companies or projects by adding "AI" somewhere in the name.
So perhaps my second point is similar to your #2, but I think the important difference is that the end of the ZIRP era would have caused companies to kill these inherently unprofitable projects even if AI never came on the scene.
> 1. Correcting pandemic overhiring
> 2. In the ~2010-2022 timeframe, tech companies poured all this money into speculative bets
Any data/sources on which this might be based? The pandemic was 6 years ago; do these "Agile" (the tech term) companies really carry many unproductive lines-of-business for so long?
> speculative bets that never went anywhere ... think Amazon's Alexa devices division, Google Stadia, and perhaps most famously the Metaverse itself
Organizations make speculative bets all the time. Is there an accounting of the profitability of Alexa/Nest etc.?
> end of the ZIRP era would have caused companies to kill these inherently unprofitable projects
if you plug in the years 2020-2026 in the Fed Rate - Unemployment chart here at [1], it shows that from 2020 - 2022, rates were near zero while unemployment spiked during Covid and then fell. From 2022 through 2023, rates rose sharply while unemployment stayed relatively low. 2024-2025 the labor market softened. You can add the Federal Funds Effective Rate and the Unemployment Rate easily through the menu.
Unemployment stayed low through the rise in rates for almost two years prior to 2024. Given that companies operate on a quarterly reporting basis and program/project decisions are at least on that cadence, I don't think that the line you're suggesting that Rates-Go-Up -> Projects-Get-Killed -> Layoffs-Increase quite lines up with the economy-wide data in this exceptional case of 2022-2023.
We may have to look elsewhere for the reasons behind the current labor market weakness ... cough..*economy*..*trade walls*..cough...*structural re-alignment* [2]...cough...
[1] https://fred.stlouisfed.org/graph/?g=1duFv
[2] 6% employment decline in 22-25 year old workers https://digitaleconomy.stanford.edu/app/uploads/2025/11/Cana...
These were supposed to be farsighted geniuses who took credit for their stock performance. But they made the most obvious blunder: opening a Pandora’s box that they can’t close.
In 2022, Meta laid off 11,000 (13%)
In 2023, Meta did two layoffs, one of 10,000 (another 13.6%), one of 600
In 2024, Meta did a layoff (layoffs.fyi doesn't list the number)
In 2025, Meta did three layoffs, one of 3,600 (5%), 100 and 600 people
In 2026, Meta has done two layoffs, one of 200, and one of 8,000 (10%).
If you can't correct overhiring in 4 years as a CEO, you've failed. If you repeatedly have to do >10% layoffs every year for 4 years you've failed (if it's to correct for a one time hiring spree).
Meta's employment didn't skyrocket during the pandemic making this argument even more bullshit. Between 2012 and 2018 Meta averaged an employee count growth of 40% YoY. In 2020, they grew by 31%, 2021 22% and 20% in 2022. Meta slowed their growth during the pandemic.
This "pandemic overhiring" is bullshit.
In 2018, 35,500.
From 2019 to 2022, 44k to 86k.
2026, as of now, 70k, 26k higher than 2019.
Using relative comparison is not appropriate for a software company, which is incredibly scalable by nature. Yoy is not the appropriate metric here. These are not workers on the line in a widget factory.
I do agree with your point about overhiring, its been way to long and this continues to be an excuse without any real evidence to back it up.
Do big tech companies like FB and Google even pretend to be "agile" anymore? I think they mostly sell themselves on institutional stability and monopolist market positions rather than speed of execution
Excepting for trivial-size, freshly formed startups, companies cannot be "Agile", because finance and legal and HR and even marketing have constrains setting the tempo - you cannot just drive them with a sprint as if it was a clock signal.
> Excepting for trivial-size, freshly formed startups, companies cannot be "Agile", because finance and legal and HR and even marketing have constrains setting the tempo - you cannot just drive them with a sprint as if it was a clock signal.
Implementations of Agile at different companies can be an issue, yes. But that is to be expected in any large organization, simply because of scale. It doesn't change the fact that the on-the-ground teams at agile orgs work to a different cadence and approach than historically traditionally structured companies.
There are a few different ways to manage interfacing with parts of the org that need to march to a different beat. That always creates friction, and has to be managed properly. Any large org can suffer from hubris, middling management skills and capacity, wasted effort. Problems of scale, I guess.
Folks from those companies will have to speak up, but my understanding is that yes, internally these large tech orgs use the Agile Methodology, as opposed to the 'traditional' 'Waterfall' development methods.
I think it is hard to overstate the effect that Waymo will have.
2. If it captures most of the transportation market. That's debatable because self-driving tech works even better for trains, trams, subways, buses, etc. And that's before we go into other self-driving car companies.
3. If it becomes truly production ready within the next 10 years or so. By "truly production ready" I mean a Uber/taxi competitor in at least 20 alpha global cities outside of the US. Otherwise yeah, it's going to be a great tech but with a 30+ years ROI.
But waymo created the category by showing it is possible.
But also, while there have been layoffs in engineering teams, Ive seen a lot of "support staff" get absolutely obliterated. Things like "agile coaches", "technical project managers", UX testers, marketing roles, etc. etc. While I've seen most of my laid off soft engineer friends find new jobs relatively quickly, I've seen lots of folks in these other roles suffer long bouts of unemployment, and often leave tech entirely. It's these folks I feel the most for. A lot of them were making low 6 figures 10-15 years ago, and now many of them have no hope of making that much in their careers again because companies have vastly reduced the number of those roles.
Lot of these companies are bloated from having way too many Engineers anyway. Once you have mature software that brings in bagfuls of money, you don’t need that many people to keep the ship steady. I have seen this first hand at MSFT, we started a new team back in 2019 and it probably had ~40 people full time across US and India. By 2024 when I left, we had about 20 people in India who could easily run the service, the US team was dissolved and they moved to other teams in MSFT. The fact was that new features were few and the team was in KTLO mode. I have seen the reverse happen too, the team I was working on was dissolved and we were moved to different teams and everything moved to the US last year, managers were converted to ICs and a few folks were probably fired but it was a ~10 year old service that didn’t need that many people to run, even more so after AI tools became big last year.
"Agile" can go and die in a hellfire for all I care.
But good technical project managers aka "bridges between the higher-up beancounters and the workers" are worth their weight in gold.
Yeah but it's not easy do distinguish those from the snake oil salesmen who are just good at smooth talking during the interviews.
Beyond that though, there's the probation period. If they can't do the job, they're supposed to be let go before they become permanent.
Trouble I see from most interviewers is a tendency of asking questions with a "right" answer. Those tend to be a lot easier to game. They then fallback on sorting applicants by pedigree - the old, "no one ever got fired for choosing IBM" method.
Then, they come back and rant about how PM's are trash, and Agile is trash, etc. etc.
The remaining piece is to speak with some personal references to verify they did some real work.
Not a thing where I am. You can BS your way in these jobs and so many people did.
There's no LEETCODE for management positions, just bullshitting smooth-talk and using your connections (nepotism).
There are real differences in the knowledge and work behavior of great PMs and the bullshitters, and it's usually not that hard to tease out the bullshit in an interview if you know what you're doing.
I was talking about a country, not a workplace, and franky, so what? I can't change that. What I can do, is tell you how it is, and how the system gets exploited.
If you live in some magic utopia where things are different(the US maybe?), good for you, but this information doesn't change anything for me where I live.
Best I can do is adapt and exploit the system in my favor as well if I can the same the rest do, otherwise I get left behind by the unscrupulous clueless scammers who do.
I am skeptical of Doctorow's theory because it looks like LLMs will continue to improve enough over the near term to be able to handle issues caused by AI-written code from the past few years.
I have this theory that the bloat will follow to the full extent possible. OpenClaw has this, the OpenEye or whatever that comes on another day, with better models, will have 3 million lines of code. All of the possibilities that you mention will not come to fruition the way you'd like to, because speed is preferred over building better things, and to hell with maintainability.
Eventually these things will become a ton of black boxes, and the only option will be to write them from scratch with another next gen LLM. Lots of costly busywork, and it will all take time.
I moved to the Seattle area during the dotcom boom.
Within 18 months I was unemployed.
There was DEFINITELY a feeling, like the whole “internet” thing might have been a bubble. I helped a friend move to Pleasanton CA and there were so many empty office buildings, it looked like a zombie movie.
But it all came back, and more.
replacing SRE-4s with AI is the point
It can be argued that the demand for graduates in other industries might have stagnated or even dropped, and it's "spread over" many different industries, so it's not really that seriously felt.
But if you were hiring in the software industry during the covid peak years, you would seriously feel the shortage. I used to interview candidates in a FAANG, and at some point it was more likely than not that a candidate that we liked and prepared to make an offer would tell us they already accepted an offer from another FAANG...
Post-2015 and accelerated during Covid, many east coast techies I knew that didn’t go to the right school, get a 4.0 and take the “right path” suddenly started popping up on my LinkedIn ad having joined a mag7.
And then everyone else lower on the food chain got even less picky.
And then we had the whole PM / DS / etc new job path fads that pulled in non-CS and sometimes non-STEM people who did a bootcamp.
If an engineering graduate has a chance to make $0.8X at a US company that makes hobby drones, $0.9X at a US company that develops 3D printers, $1X at a US carmaker that's struggling to develop a good EV, or $1.5X at a US adtech company - you can imagine where they end up.
Alexa devices had so much potential, if they'd only practised customer obsession like Amazon used to (still?) preach, and not stuff their products with ads.
That means that a large number of high ranking people in these companies projected they would need these people in the coming years, and then some.
I think it may be darker than that, and the overhiring was a tentative measure to build up a charge, like electrons in a capacitor, to release a shock to the market that would achieve two aims:
It's rudimentary electronics physics. Such physics is regularly applied to economic systems modelling to achieve predictable outcomes (usually making more money).Any objection as to whether these companies executive teams were collaborating should be seen as very empty by now, given we know they are all deeply circularly invested in each other and thus are bound to each other's success or failure.
On the long term, prolonged stress kills innovation and engagement.
There also no financial reason to lay off people. The revenue and profit for employee is already way better than per 2020 levels.
I suspect it really is to pour more money into AI capex.
I don’t think Apple is an exception. I think they have also over hired but they are also scaling, albeit slower than they used to. The scaling elsewhere is not happening, especially meta where they are trying to extract money from every corner they can find out of desperation, and so the books need to become lighter.
For Apple, hiring more than they need can be soaked into the books because their sales and profits keep increasing, though the rate of growth has slowed. However, if it’s an expense that can be avoided, then it’s an expense that should be avoided.
I'm not one to invoke "incompetence" willy-nilly, but I'm having a hard time explaining these policies apart from it.
Anyway, I bring this up because it didn't quite fit into your 3.5 rubric.
Good people are leaving, people who can't, don't. It's hard not too see how it dilutes talent.
One of the consequences of having bean counters run tech companies.
The core business is still meta ads, but Zuck had decided they needed big investment into a new business for future-proofing, growth or whatnot.
That business was initially the meta stuff. Now it is Ai. That's a pivot.
You were soooooo close.
Meta is fundamentally a targeted advertising company, not a media company.
From the customer perspective, it works. The main problem is price competition for access to audiences. That's why fb revenues are what they are. The ads work, largely because ofntracmjng/targeting.
The amount of subscription driven media today is relatively a very small part of the industry.
Most language translations and asset creations for CMSs are now AI driven.
In big corps delivery teams were already being reduced by relying in LEGO building with SaaS, iPaaS and serverless/microservices (aka MACH architecture), now with agents, the integrations teams get further reduced into writing the tools/skills modules instead.
If 1 employee can do the work of 3 now but Meta's TAM can't grow 300%, then they can cut some employees.
In other words, worker productivity might be higher than what the ad business can grow into, so Meta can safely cut cost and still hit their growth targets.
Edit: I should be clear that I think #1 has been achieved for software development.
1 employee doing the work of 3 is I think is a stretch
but 1 employee doing the work of 1.1 employees from a year ago I think is almost certainly true - at least, me and everyone i work with is _at least_ 10% more productive, and using AI extensively
In my 20 year career I’ve rarely been on a team with more than 3-5 people on a team or within region on a team.
So at that scale it’s not really reducing a team member on a given team still. But you get more productive which is notoriously hard to measure in SWE, so yeah. It’s possible that translates to iterating faster or closing tickets further down the backlog which is useful but not per-se staff reducing.
Maybe in mag7 where you have massive engineering orgs the 10% can impact a given team more..
and how many of them are totally wrong, or right about it!
[1] and how it might be changing with new generations of models
For all the hype about the 1X vs 10X distinction the real stumbling block is how many 0Xes there are out there and how frequently they tend to make it through hiring.
If you go by the measure of LoC per employee, then your number is probably even higher, somewhere between 10-20x per employee. The problem being, producing 10.000 lines of AI-slop per day is not a good productivity measure - all it does is create more technical debt and issues that now nobody is reviewing because a) people get fatigued and at some point just wave the AI-slop through b) there is not enough manpower because people got laid off because of "AI" c) People are generally feeling irritated by being asked to review and correct AI slop. There is a societal pushback brewing and it won't be nice for the so-called AI in the end. Think about the fact that most people who are exhilirated by the "AI" are either incompetent or incompetent and old. Most of the young folks, even those not in the technical domains, firmly reject AI. When did you ever hear of a revolutionary new tech that was actively hated on by the young people?
> Edit: I should be clear that I think #1 has been achieved for software development.
Maybe in the world of WP-plugins/typo3 and other simple work, though even those are fairly complex in their own ways which the retard-LLMs will trip on fair amount of times. Not if you are doing anything remotely complex. The retard-LLMs will still either put your secrets in plain text, suggest the laziest f*ing implementation of a problem etc. It's just a shitshow nowadays, compounded by the LLM companies trying to keep the costs low (and therefore keep the "users" hooked), which they currently accomplish by shortchanging you and dumbing the LLMs down - because otherwise they'd have to charge for true cost - upwards of tens of thousands of dollars per seat - which would render their initial value proposition completely useless. Something has to give.
Now not all the extra code is necessarily useless (you can imagine some refactoring or perf improvements) but clearly a lot of it is.
We still aren’t very good at knowing how to use AI judiciously.
This was a reasonable position to hold 9 months ago but it’s absurd now. I’m not going to convince you - but you really should give it a try.
That's cute, I hope you enjoy that high, it's really impressive at first - fyi -I've been using GH Copilot since early days (invited to early access) AND paying it for my entire company ever since MS published the first commercial plan. All the way to the latest entshittification drama with Opus 4.6 being pulled away and Opus 4.7 taxed at 7.5x rate. Yeah, its great for quick tryouts or similar. But using it in wider scope, with complex reqs and dynamic environment? Complete shitshow.
> This was a reasonable position to hold 9 months ago
Browse my comment history. There were people just like you, 6, 9 or 12 months ago telling me exactly the same. Some also threatening that I would "be the first to go away". Like I said, cute actually :) You know in January Dario Amodei announced again, AI would write ALL code in 6 months. Do you see it happening?
What kind of smug asshole says something like this?
If you think early days of GH Copilot are remotely relevant to what is happening now, we do not live in the same world.
Let's learn some English grammar, I had said: "I've been using GH Copilot since early days" . Translated from plain English: "have been using..." = *an action or state starting in the past AND continuing UP TO the present time*. I did not say "I used it only during the early days and never again". Plus my team. Honestly - and it's only a hypothesis at this point in time I cannot prove, but I meet more and more people whose usage of LLMs seems to be seriously impacting their reading comprehension and writing skills. Do some LLM-detox, I mean this without any kind of disrespect.
> What kind of smug asshole says something like this?
I've also noticed over the years, the folks who get this offended are usually those who are uncertain about their opinion. I simply found your statement cute, that's all. You are obviously in the early stages of using it and I am assuming using it to alleviate your own little, relatively simple tasks in your job which otherwise would have been overburdening for you. It's only human to try and do so, but it hardly describes "productivity" the way you seem to think it does.
I am not. You do not have any knowledge about what I've done or for how long. The arrogance is truly breathtaking. You should work on it.
I've also used GH Copilot since early days, ChatGPT since launch. I did not start using agentic systems (mostly Cursor) until about a year ago, and found them to be of little help in generating code in our large, long-lived and sprawling code base. Something fundamentally changed with Opus 4.5 but I didn't notice it for quite awhile because I had already constrained my usage patterns to what I thought I knew to be their limits.
> little, relatively simple tasks in your job which otherwise would have been overburdening for you
I have done that, and many other things. You do not know anything at all about what I have done with AI. You are projecting your ignorance in a way that makes sense to you, but it is still nothing but ignorance.
If you are actually interested in my recent observations I posted this in another thread recently.
https://news.ycombinator.com/reply?id=47897218
The sentiment is that the latter is more expensive and less flexible than the former... which seems backwards to me. (AI is expensive, robots are mostly not that adaptable to new tasks, automations only really help the most repetitive tasks and they must be rewritten/updated when the task changes)
At least in the software development front, i really cannot see that happening.. until now we were all understaffed. Now it is the first time that actually with our team we can handle the workload properly.
The days of meta having network effects to defend its position are long gone, and I suspect we'll see the products die when an AI-first UX comes to mobile.
There are really just a handful of people from my extended social circles still actively posting to FB/Instagram and that traffic is mostly drowned out by slop content.
Cross-checking against actual expenditure, Meta spent $118B total last year, with the second largest component of total spending being stock comp at $42B, of which vast slabs went to the top leadership that's presumably also not getting fired.
You calculate the cutoffs as savings for this years while imagining that the future payments are payments only for this year. At the same time the commitments are for 5-20 years ahead and the laid off people would be off the payroll for the same multiple years ahead.
They're a suicidal bet, because they assume cloud LLMs are efficient and inevitable.
Neither of those is true, or even likely, and we're going to see the consequences by the end of the decade.
4B over 5 years is 20B, which is significant.
There's a whole lot of circular funding being passed among the same dozen or so companies right now with very little actual construction or assets to show for it and at some point someone will be holding the bag when actual money is called for, and nobody wants it to be them. The parallels with both 2008 and the '90s S&L crisis are troubling.
It's not like Meta has nothing to show for the money it spend, but it seems like they could have spend that money on improving Facebook or Instagram, not that I think Zuckerberg really cares about those product anymore.
Mark is just looking for the next fad.
Finance is destroying the real economy in search for "optimization" because business value doesn't neatly fit into an excel sheet cell. All these layoffs have been done because of AI washing right from the start.
That said, AI isn't helping.
Promises/hopes of what AI can do, and also execs being misinformed about what their own companies are doing/achieving with AI. I know of one very well known large company where the CEO is in the press preaching about the need to restructure/layoff because of AI, yet in the trenches there is close to zero AI adoption - only contractors claiming on their JIRA close-outs to be using GIT copilot because they have been told to say so.
And a bunch of yes-men down the lower layers of management funneling these ideas.
In a meeting at my last job, one of the execs was bragging about how a chatbot was reading Jira customer service tickets and calling tools/APIs to solve those tickets, and it "only costs 1.5USD per ticket. How much would a human cost, huh?"
Little did the exec know, but my team was already using a ~600 lines python script to solve the problem with a higher rate of precision. The chatbot-automation thing was largely pushed by my manager when I was out on vacation, just so he could earn his good-boy points with higher ups. Worst manager I've had in my 14 years of career btw.
1. Cut costs
There are multiple reasons companies may need to cut costs. Generally, historically, they are not positive
One of them is that, internally, the business is not doing well or the company believes there are problems on the horizon
Perhaps a company that is healthy and optimistic about the future could at the same time be conducting successive rounds of layoffs
But are there many examples of healthy, shrinking companies from history
Usually company growth is taken as a sign of prosperity. Multiple rounds of layoffs are not. More like survival mode
But of course this time it will be different and the remaining employees after the layoffs have nothing to worry about
No, it's absolutely happening that way.
I work in tech in a senior IC role. I'm now expected to single-handedly do the work that I would previously have led a team of 5-10 people to do. The junior ICs, we aren't really hiring for. This is not specific to my company, it's like this across the board.
This was in 2022... So I cannot imagine how much worse the "automoderation" will probably become.
Given the unironic use of 'woke mind virus' by certain billionaires, there's something to be said about the sudden obsession of building data centres, no expense spared.
I'm beginning to feel like the "overhiring" line is a concerted campaign
1. Companies overhired during the pandemic because they thought we'd all want to be online only forever or something. I agree with you that a lot of that "hangover" has already been wrung out of the system.
2. The other issue, though, is that the ZIRP era lasted over a decade and ended in 2022. Companies pushed a ton of money into speculative projects that never went anywhere. Even when they were successful in terms of usage data, a lot of them never made any money (think Amazon's Alexa devices division - tons of people use Alexa, but they use it for like the same 5 or 6 basic tasks, as hardly anyone is doing lots of shopping over a voice interface, which is how Amazon thought they'd make money). The ZIRP era is over, so not only do these companies need to unwind these structural misallocations, but unless it's AI or AI-adjacent, there is 0 appetite for this kind of "let's just throw a lot of stuff at the wall and see what sticks" mentality.
Heck, Meta spent many billions on the Metaverse, and that went nowhere. Yes, they've had previous rounds of layoffs, but I don't think it's that surprising that it's taken multiple years for them to unwind that bet.
There is no "workforce reduction". its just "we need new faces around here". Hire-to-fire.
I’d be surprised if the multiple rounds of layoffs has left them with fewer total employees than January 2020.
I've never even (knowingly) used the LLama models tbh.
And while FB marketplace search kinda sucks the algorithm is supremely effective at surfacing listings based on your searches and activity.
I know there are complications with this argument. For example, unemployment could double by basically doubling the average time to find a job. That kind of thing could support an overhiring thesis if the unemployment rate in tech got very low. To really test the "everybody overhired" thesis, I think you need to do a full accounting of early careers people, unemployed, retired, etc. I'm not gonna attempt that...
In my experience, this is not true. Demand for software engineers has been so high, and pay so high as a result, that it’s pulling in workers from adjacent industries. The total software-qualified workforce is larger than the set currently working in software, and people with transferrable skills move in and out of software as incentives dictate.
A number of my current and former coworkers are from math and physics backgrounds (CFD, energy, etc…). These are folks that before might have stayed in academia, or ended up in aerospace, defense, or other engineering fields.
If everyone over hired, demand drops, and companies drop pay as a result, I’m sure we’ll see some folks in software with transferrable skills move to other industries.
I'm not saying people with odd backgrounds can't ever make it. But let's be clear, these are not usually hot shots who can simply get any vaguely technical job they want. They get into software because it is traditionally very accepting of uncredentialled or non-mainstream individuals. The framing you put forward makes it sound like the people committed to software are chumps who have to take what they're given, and these interlopers are the real geniuses who leave for greener pastures with ease. That simply isn't true.
This wasn’t the framing I was going for. My point was that industry boundaries are fluid and expand/contract as demand dictates. You’re correct that incentives are not all positive (pay, work life balance, perks), other industries contracting might force people to find work elsewhere.
All that said, I don’t think these people have “odd backgrounds”. I work in a math-heavy domain, so these backgrounds make as much sense as a traditional CS background, and I think these folks are just as likely to be retained in a crunch.
Software engineering is unique among engineering fields in that it accepts people without the right credentials, and sometimes without any credentials. Other engineering fields not only require matching credentials but also have professional certifications. I don't think I would enjoy taking those very much, but after seeing some of the crap that people get away with I have fantasized about having such a process to filter people out.
SWEs (and most any role for that matter) definitely can be minted in ways besides graduating with a relevant major. On top of that there's also H1Bs and contractors. Plus "overhiring" doesn't necessarily just mean absolute headcount, it could be compensation, scope, middle managers, etc. The definition of "qualified" is also malleable depending on the incentives.
> So, if someone overhired then someone else must have done without, all things considered.
Beyond the previous points, this also assumes the supply of labor is independent of the demand, and it's clearly not. As the demand increases, so does compensation, outreach, advertising/propaganda, etc. Everybody can overhire simultaneously as a result of pushing for growth of the supply of labor.
“Qualified” is doing a lot of heavy lifting there. Just like the first dotcom boom and crash, there were people in other fields who got into software during the boom time and went back to whatever other field after the crash.
At least 3 tiers: the FAANG level, the mid-size tech companies, then all the developers working for non-tech companies/administration or in IT service companies.
Even in those categories, workers aren't swappables.
I happen to think workers with minimum qualifications like a CS degree can be fairly swappable, at least more than FAANG types would have us believe. But they're very elitist when it comes to hiring. I have practically given up on being hired at FAANG companies, and these days I think their jobs are overrated too. Sign up to bust your ass 50 hours per week with backstabbing snobs, till you get laid off unceremoniously. I'd rather not.
Not everyone, but it go through the roof, or at least it did in my country. I know a lot of people who doubled or even tripled their salary during that time as these companies went absolutely ape shit. They were getting 50k increases with each position change. I've not seen anything like it before, and I honestly wonder if i'll ever see anything like it again. Kinda wish i'd been in the job market at the time, but I was off with health issues sadly so missed that boom.
> So, if someone overhired then someone else must have done without, all things considered.
They did? Again, at least in my country. Smaller shops felt the pain, as tons of people left for the pastures of big tech.
> Small businesses have been identified as the biggest losers of the 2020–2022 explosion in big tech hiring. While demand for digital transformation grew to previously unseen levels, smaller firms and businesses were severely disadvantaged by intense competition from large companies for talent, resulting in a multi-year skills shortage where less than 50% of small business vacancies were filled, compared to 65% for large firms
Meta has... Facebook. Instagram. Threads, if you want to count it. What'sApp. The ad-tech that powers those things. A black hole of a VR division that has since been eviscerated after billions burned. An AR/device divison that sells glasses. And a burgeoning supernova of an AI division, just one singular hire of which is responsible for $1.5B in pay (over 6 years).
Google/Alphabet has........ an entire consumer hardware family ranging from cameras to doorbells to smart displays to streamers, YouTube, YouTubeTV, Android, Chrome, Google itself, Gemini, GCP, Waymo, GoogleFi, Google Fiber, Ads, Infra/Analytics, Maps, dozens of other apps... on and on.
Microsoft has Azure, Windows, Office (each of which are obviously _suites_ of more complex software), Xbox, LinkedIn, Dynamics, Surface, etc.
If anything, Apple _might_ be a slightly closer analog to Meta in that they're just a bit more limited, but their hardware engineering side is obviously a massive part of that, supply chain, software, MacOS, iOS, all of their adjacent first-party apps, App Store, iCloud, AppleTV, retail...
Meta just... isn't in the same league in terms of pure surface area. Mark just leaned extremely hard into acquiring as much nascent talent as possible and hoped he'd have the use cases to make it make sense but was content to spend the money in the meantime on looking busy. Now that CapEx has to go to compute/DCs/GWs for their AI which... kind of no one wants? But he's going to bet as much of the company as possible to stay relevant and try to be a player in the space. He's just doing it in this tail-wagging-the-dog hyper-overpay-individual-researchers approach that, from the outside at least, seems extremely risky...
like literally they lucked out on the landing the business model early but it feels it has been in an ongoing decline and everything else they have tried has failed spectacularly (and particularly things Mark has put his whole weight behind)
They never became anything more than the ad company
I’m no Zuck fan, but he’s done much more than keep them successful, they have grown a lot.
I remember everyone making fun of him for overpaying for IG and WA. Now both in hindsight look like amazing acquisitions.
Google bought Android before it had released products.
Google Maps was purchased, but was Where 2 actually a successful product prior to that?
But just wanted to correct for the historical record:
> Where 2 had a successful product, it just wasn't web based (nor do I think free), so didn't have anywhere near the distribution that Google enabled once the team ported it to run in a browser.
Where 2 did not have a product, successful or not. They were an unreleased demo looking for investors and luckily got into a room with Larry Page of 2004.
Meta has not shown the second part.
You said
> buying a successful business and keeping it successful for over a decade.
Meta bought already successful companies.
Google has purchased successful businesses, but they also purchased companies that weren't and managed to get them into massive money makers.
The continual success of fb and instagram has not come from zuck but through glorified A/B testing on steroids whilst lighting employee’s asses on fire each quarter to move the metrics. Visionary genius? My ass. Only Steve Jobs proved he is worthy of that title.
Bro is a fraud. He always was - remember he stole the idea for fb. Thankfully he’s getting found out.
honestly - meta has built quite a lot of cool things, but c-suite is probably to be blamed for what's going on today.
Nobody else has this targeted focus.
This is before Google.
Do we really need to discuss this? He tried to screw another founder - the Brazilian - who got a pay off and now has a reported net worth in the billions.
>I almost want to put some of these faces next to pictures of farm animals and have people vote on which is more attractive.
Meta had ~100B in EBITDA (or 60B in net income) for 2025. What critique does he need from a product/business standpoint?
In 2012, everyone around me was lauging at the absurdity of a 0 revenue photo app getting acquired for $1bn. My peers/superiors in the ad business thought Facebook would flail in digital marketing. Oops.
The metaverse might be a big pile of bollocks, but isn't the whole point of being a billionaire to indulge peculiar unpopular obsessions?
They tried organically to replicate instagram etc but they failed even though they had wayyyy more resources. Their attempts sucked. So their approach was to target for acquisition or copy features if they couldn’t.
There’s plenty of evidence of this re. His comms around those events.
But I suppose that doesn't count because Winklevii "never would have come up with anything anyway"
Edit: https://news.ycombinator.com/item?id=21114106
Heck, if I was forced to either short or invest Meta with all my retirement savings now betting on it's value in 25 years.. I'd short it.
Google, Apple and Microsoft dominate the world with their products and platforms. Facebook & WhatsApp certainly doesnt.
This is not true at all. There are two players. FB/Instagram and TikTok. Using one does not preclude using the other. Other than tiktok, who was the last new player in social?
> Google, Apple and Microsoft dominate the world with their products and platforms. Facebook & WhatsApp certainly doesnt.
Whole countries literally run on WhatsApp.
There are all kinds of social media, its segmented by userbase, and culture/geography.
Telegram has 1B users (which is surprising to me, I thought it was an ex-Soviet thing), and there are entire geographic strongholds, such as Russia and China.
Russia and China still use iPhones and Windows, but entirely skipped out on Facebook and Whatsapp.
Your own link has Meta with 3 of the top 4 platforms. Can you really see any of the competitors overtaking them in even the medium term?
> Russia and China still use iPhones and Windows, but entirely skipped out on Facebook and Whatsapp.
China doesn't use Google either, and while they might use Windows they're staying off Azure which is where Microsoft's main business is these days.
Yes there are countries which stay off Meta. But they are just as embedded in the workings of the world as any of the companies you mentioned, probably more so. Government decisions are made by people using a mix of Apple, Google and Microsoft hardware - but all of them are communicating over WhatsApp.
And for all the scorn it gets on HN, Facebook still works for some of my use cases: high school friends, low-contact relatives, obscure geography groups, the Philippines.
Short of social media being classified as something like alcohol or cigarettes, you will lose money on this trade. You’re betting against ingrained human nature.
Not a good idea. Meta has hundreds of leavers to find more profits from anywhere.
The headcount analog for Google is Apple. And if you subtract out the retail employees Apple looks surprisingly efficient, having much less non-retail staff than Google (although both heavily use contractors).
Meta on the other hand...is pretty much the definition of bloat.
Well, unique other than Amazon I guess.
Not even close, if you include Office and Mail/Outlook. And if you include corporate clients, Apple is just not on the map. I've gone from a Windows first company to an Apple first company, and it's a night and day difference when you see how well integrated things were for Windows.
I mean, individually you can say Teams sucks (terrible, really). And Outlook sucks as a consumer. But the way you can get all these things working with Office was very convenient.
Apple / Google and as I hate to admit are innovators of the modern tech world. While they've bought their fair-share they still produce and create and have existed prior 00's. Two devices dominate the market and it's not going to change any time soon.
You either use iOS or Google. Urgh, this is how the world has become. Windows or Linux, X or Y; why did Z have to die.
What Google innovated during the last decade?
Seriously? Walk outside and see what people are holding in their hand.
Google, MSFT and Apple do a lot more and most of their products have large feature backlogs.
Different scenarios
Youtube, Gmail, Search, Maps, Android, Devices, Photos and Drive are how they get the data to make money on ads. Cloud, Android & Youtube would be a 2 trillion dollar company even without Google. They don't make money on these, because they don't need to make money on it.
Whatsapp had 55 employees when Facebook brought them for $19 billion.
WhatsApp could not change for the next 50 years, and it would continue doing that just fine.
That sounds like 2-10x too many. Think about what Google, Apple & Microsoft do compared to Meta.
- a company that makes the leading search engine, the leading browser, one of the two major mobile OSes, one of the major desktop OSes, some of the best ai hardware, and is in the running to win the ai race
- a company that makes the leading mobile and desktop OSes and the leading desktop and os hardware, one of the top consumer cloud offerings, a major online media store, and a popular consumer electronics retail store
Now compare it to Meta, a company where the vast majority of revenue is essentially a few mobile apps with an advertising network. No operating systems, no processor design, and a few hardware boondoggles only 1/10000th the scale of Apple's, etc.
Now realize that, if you subtract out Apple's retail employees, they have roughly similar headcount to Meta.
Now tell me again that Apple is in a "worse" position than Meta on efficiency.
Meta bought Rivos, and as far as I can see do a ton of work related to Linux kernel stuff (I heard about this in the context of eBPF). But datacenter side, not consumer.
about half (80k) of the equivalent fulltime employees at Apple are involved in the store footprint, so they're retail staff in one of their main sales channels.
And as other's have pointed out, Apple has a far wider range of products and services than Meta, and produce far more hardware products, including their own cutting-edge SOC's. Meta, meanwhile, get Broadcom to largely produce their "custom ASIC's", not just fab, but deeply involved in design, tape out, and validation.
Meta is the youngest company of that group. Apple and Microsoft have been around for over twice as long.
Meta also has the narrowest scope of those companies.
Really it's kind of amazing that Meta has so many employees relative to those other companies given how much narrower their business is. Puts the overhiring into perspective.
Part of “Big Tech” hiring isn't just to have an important thing for everyone to do but also to keep competitors from having access to those people.
Meta might surpass Google on _digital advertising revenue_.
Google's overall revenue is still ~2x Meta's
They had 17k employees in 2016 and 80k in 2022. And given that a lot of the big tech companies looked like this albeit not quite so extreme I think it's right to say they might all have a glut of employees.
There was an old all hands I watched in 2014 where Sheryl talked about how around 8k was the largest they should ever get.
More generally I think that while sales scales linearly, engineering and product should probably be sub linear.
But both Google and Microsoft also massively overhired around the same timeframe as Meta, and are still digging themselves out of the mess of their own making. And making their teams pay for such stupidity.
So? They likely already had too many in 2021.
>They currently have less than half the employees of Google or Apple; only a third of Microsoft.
Technology (hw/sw) wise, they also have 1/10 the internal tech and public product breadth and scope of Google or Apple and Microsoft. Maybe 1/50 even. They do like 4-5 social media and chat apps (that they hardly ever update anymore), and some crappy VR stuff nobody cares for.
Someone has to be doing the actual work at Meta, but that might not be the people who are seeking out new jobs. So we get this false impression that their engineers are a bit... not good, because those are the ones actually leaving.
People from Google, Meta, Microsoft, Apple, etc...it's all the same. Given the size of these organizations (anywhere from 100K-300K employees if you include contractors), there's a vanishingly small chance the individual you're interviewing had influence or responsibility over any important thing specifically. And if they were high enough on the org chart to be responsible for something real, they weren't ever hands on and just played politics all day in meetings.
Everyone will claim otherwise of course, but its all layers and layers of diffusion of responsibility.
The pace of work inside these orgs is, meet for months about a narrowly scoped new feature (eg. "add a 5th confusing toolbar to Gmail to market Google's 7th video call tool"), take months to build it and run it up the organizational gauntlet for approval, launch it and then chill for 3 months because nobody does anything big in Q4.
For many people at these orgs this is what an entire year of "work" can look like, for which they will be paid roughly $400k.
> The pace of work inside these orgs is, meet for months about a narrowly scoped new feature, take months to build it and run it up the organizational ladder for approval, launch it and then chill for 3 months because nobody does anything big in Q4.
This sounds wonderful, it certainly wasn't the case for us.
If you were actually important to the organization it would be a terrible mismanagement of the company. A well-run big org is designed such that workers are replaceable cogs in generalized salary bands, that's what makes the machine durable.
It's very easy to think you're "productive" and "busy" when your days are filled with meetings and trying to placate various groups of stakeholders. But if you look at your actual work output after a year in big tech, it's fundamentally low impact, and it's that way by design.
I'd like to keep tugging on this thread, I find it interesting.
In my experience, everyone up my chain of command was motivated to derive as much impact from their reports as they possibly could. If anything, it felt as if the system was designed to reward impact above all else - promotions were given to engineers who could demonstrate their work on _____ increased _____ by x% driving revenue by y%.
Nowhere in the system seemed designed to reward low impact, it really felt the opposite.
When you were at a big tech co, your experience was different?
Hmm...it's been a while, but when I was at Apple one of the reasons given internally for why products were so much better than the competition (and they were) was that Apple typically had 1/10th the number of people working on a particular product or feature.
I wonder if that's still the case.
But Apple is still amazingly efficient compared to others like Meta/Microsoft/etc if you just look at raw headcount vs. product/service/distribution surface area.
As an engineer you are thinking about impact as 'scope' or 'features'. Leadership will be thinking marginally on what adding a net new engineer will provide to the business.
“Marginalism is the economic doctrine that we can best understand value by considering the question of how many units of a good or service an individual has, and using that starting point to ask how much an additional – or marginal – unit would be worth in terms of other goods and services.”
Very small gains multiplied out over extremely large amounts of compute over large amounts of time add up big.
And that's why Google can spend so much money on fairly small scoped teams.
Remove Google's monopoly level distribution, and then build that feature and tell me how much revenue it generates.
The value is in the monopoly which was formed by the founders and all the early employees by having the right products at the right time decades ago, not in the "upgrade now" button some worker bee added to Gmail in year 25 of the company.
Yes, that "upgrade now" button probably does generate $100M in revenue per year. But the reason why isn't because of some unique engineering talent on behalf of the worker bee.
They just pay that dude so much because activist investors don't scrutinize costs too aggressively on growing monopolies (wait until revenue growth stops) and they value stability. If you don't value stability to the same degree (you aren't a massive 200K employee org), I wouldn't hire the "upgrade now" button guy.
Of course those engineers would rather have more meaningful work if it came with similar compensation and work life balance.
Want to see how motivated Meta employees are? Watch how fast their offices clear out at 5pm on the dot.
Cool exciting and meaningful science job: 200k
Big Tech surveillance capitalism job: 800k (at the low end)
The calculus has only been about affording housing and providing for the family.
“…for which they were paid roughly $400k.”
If I had to guess, the main reason you don’t hire big tech employees is because you can’t afford to. Everything else is extremely subjective depending on what area said engineer worked.
some people call it empire building, but it’s really just incompetence.
Since companies usually don't want to telegraph the layoffs too far in advance, they try and keep the people in the know as small as possible. That means the people making the decisions on who stays and who goes are often multiple levels removed from a lot of the people affected.
I'm really sorry to hear that you got let go and I hope you are able to find a new role soon.
Even if every employee fired saved $500k a year, that'd be roughly $4B in a year. Not a small amount but relative to their income, not huge either
It's completely normal in tech circles to talk about technology.
Mark Zuckerberg ultimately approved that hiring initiative, right? He's the CEO; either he approved it or he approved of the hiring of the person that handled it and likely delegated the task to that person.
Mark needs to be shown the door.
Oh wait.
Mark's on the board.
And he has majority voting power.
... I'm starting to think there might be difficulty in holding him accountable.
The real issue is that our systems allow for one person to effectively control hundreds of billions of dollars of capital with absolutely no one to provide any consequences if they make bad decisions with that capital.
If we really are setting this up as a for-profit, publicly-traded company, how does that system of corporate governance enforce any sort of way to make sure that Zuckerberg's ego doesn't get in the way of doing things right? Basically right now it's a sole proprietorship with window dressing.
The cafeteria itself is a large scale enterprise, wholly enclosed inside the larger scale enterprise.
Which one is it? And, more importantly, why not name it?
...and these days, someone has to justify their continued employment, hence guaranteeing that said app and its related systems will be subjected to constant trendchasing and the inevitable resultant enshittification. It's otherwise perfectly possible to create such an ordering system that will keep working with next to no attention, which is why the most stable and reliable systems I've worked with were created by someone who didn't want to have to work on it more than once.
And then, since you have all these integrated functions, you can spend headcount optimizing datacenter spend down. Hire a team to re-write PHP to make it faster literally pays for itself. Or kernel engineers. Or even HW engineers and power generation. And on the product side, you can do lots of experiments where a 1% improvement in ad revenue pays like the entire department's wages for the year. So you do a lot of them, and the winners cover the cost of the losers. And you hire teams to build software to run more experiments faster and more correctly.
The brakes on this "flywheel of success" is the diseconomies of scale outweighing the economies. When the costs of communicating and negotiation are higher internally than those external contracts you previously subsumed. When you have two teams writing their own database engine competing (with suppliers!) for the same hires. When your datacenter plans outpace industrial power generation plans. When your management spins up secret teams to launch virtual reality products with no legs.
This is the most incredibly apt description of Horizon Worlds possible. How is it that I've missed this joke until now? Thank you!
(◞ิ౪◟ิ)
> Goodbyes are always hard, especially when I am the one saying goodbye. Today, effective immediately, I, Gavin Belson, founder and CEO of Hooli, am forced to officially say goodbye...to the entire Nucleus division.
> But make no mistake, though they are the ones leaving, it is I who must remain and bear the heavy burden of their failure. It is my fault, I trusted them to get the job done, but that is the price of leadership.
Mike Judge is a masterful satirist.
I dunno what you expect, everyone wants to avoid the negative consequences of their actions, should we be surprised that the rich and powerful can actually do it?
Or to stop stretching metaphors.. The investors should be mad that the layoffs were even necessary.
Investors are mad to a certain degree for a mishap, but then investors are also happy about something else.
To continue analogy, Zuck has made $10,000 for shareholders and had a mishap of $1000.
How much should Zuck be punished here? I don't have a good answer but it is certainly not firing himself for it.
Also, Zuck controls 61% of the vote for Meta. Investors knew that it was his show when they invested
The cleaner isn't the problem with respect to the cleaning itself, but what about the culpability in exploiting someone who has lost their mind? In this case Zuckerberg is willing to accept the exploitation that occurred in the past simply for what it is, but now that he has had a moment of clarity he also cannot let it continue.
You have the pool but now want to get rid of the pool.
You thought you liked the pool but you don't. It was your own mistake for wanting the pool and changing your mind.
Would you fire yourself from the house? You did make a mistake.
> Would you fire yourself from the house?
You keep pushing this false framing/binary for some reason. You made a bad call, you lost the money, that's a given (a passive if you will). Where's the active "taking responsibility" part? That's the main critique.
But what is the implication of taking full responsibility? What actions would he be taking for "taking full responsibility"?
I don't think you meant you merely wanted the performative sound of "I take full responsibility for this situation" to come out of his mouth.
Without actions, the words mean nothing.
So, what would be the actions you were looking for here? I don't quite get it.
100% agree, and that's precisely the critique towards Mark as those words presumably came out of his mouth.
> So, what would be the actions you were looking for here?
Claw back his executive compensation, forfeit bonuses for the fiscal year and use that to fund better severance / transition support? There's smarter people than me who can answer this, I am merely pointing out and ridiculing this fake accountability and moral theater.
This is actually very problematic that a company can claw back compensation that wasn't previously agreed upon (with the exception of crimes).
Companies could have put this clause in the job offer. Yet they don't. Why? Because no respectable person would have signed such contract.
You wouldn't sign such contract either.
> fund better severance / transition support?
To continue the analogy of the cleaners, you don't provide severance nor transition support either.
In FB, the severance of 4-month minimum seems good.
> Forfeit bonuses for the fiscal year
100% agree! If the company's or their performance is bad, they absolutely don't get bonuses. This is coded in their performance/compensation review criteria.
If your employee makes 10 successful things and fails 1 thing, how much would you punish that person? probably none.
What does it look like besides cheap talk from a cheap and clueless leader?
The guy is just another mediocrity who tripped into a huge pile of money and now it’s everyone’s problem while he acts as a giant baby.
The 2022 RSUs at Meta have more than doubled since the grant price, and are mostly vested out now, ending Feb 2027, after which there will be a steep TC decline for people employed since 2022, especially those on an initial grant or with very good performance for that refresher. There are a good portion of people sitting on either FIRE or at least extended funemployment amounts of money that the severance is looking mighty tempting to.
That is a standard package and no way a FIRE or at least extended funemployment if they have children or a mortgage.
But crazy level of sycophancy on your part
E5s making $900k, $E6s making 1.5m… quite common.
More or less? The vast majority of his personal net worth is tied up in FB stock.
As to the other questions -- the severance package is pretty generous.
Ultimately, regardless of whether the severance is generous or just a calculated ploy to keep former employees quiet, it comes out of shareholders' pockets.
On severance: > the reality is that severance payments are just as much about protecting employers as they are about helping employees. In today’s complex labor landscape, employers are acutely aware of the risks associated with employment disputes and potential lawsuits. By offering severance payments, employers aim to minimize their exposure to legal claims, maintain compliance with labor laws, and safeguard their reputation in the marketplace. This practice is not just about goodwill—it’s a calculated move within the broader context of employment law and labor regulations, designed to manage risk and maintain control over the employment relationship. Understanding the real motivations behind severance payments is essential for both employees and employers navigating the ever-evolving world of employment.
https://capclaw.com/employers-pay-severance-out-of-fear-of-g...
I feel for the those who will hear the bad news, whether meta or other companies, and I hope they will cope and get other roles
I survived all three rounds of layoffs, but I saw multiple great colleagues (some of them had been there for 10+ years), getting laid off. After so many re-orgs, I had enough and quit. It was just not worth it (all that uncertainity, people were unhappy, hunger games into trying to get a good rating, etc).
I think Zuck is taking its "Meta" failure (VR) into his own employees. After their treatment, many good people don't want to join Meta anymore, hence he had to spend so much money into buying engineers to join.
I think it is the start of a downwards spiral.
I mean I get it, Meta is evil, inefficient etc, but this layoff round seems pretty predictable.
6-7 38* minute interviews, while the interviewee is trying to squeeze in showcasing their skills and experience, the interviewer is obsessed with figuring out a rigid set of pre-determined "signals"
Once these candidates actually start work, their success in the team is a complete coinflip
* 38 minutes = 45 minute scheduled - 2 minute intro - 5 minute saved for candidate questions at the end
My intervews were in 20202/2021. Perhaps things have changed?
A sample size of one but many anecdotes together can make a trend.
That SNL skit never happened, but the market was so hot it could have.
If you ask my blue collar friends, the answer is one and however long it takes to drink three beers.
If you ask any married person, the onboarding process (courtship) may last YEARS and consist of many interviews (dates).
As an EM, ive always struggled with this one. Im about to invest some serious coin and brainspace for you, so I tended towards a max of 3-6 total hours and a takehome assignment.
As an IC, I preferred short and sweet. Heres my portfolio (github), heres my resume. Lets make this work. Maybe 1-2 hours; its not like we're getting married.
The happy place has to be in there somewhere. Whats your take?
The latter are pretty grueling, especially when conducted on-site. Apple recommends you show up 1-2 hours ahead so you have enough time to get through security, for example.
I just eject from the interview process when I hear it's going to be so many rounds because I know there will be another company that's just as good that will get it done with less.
Didn’t get the job. Got the vibe they were full of crap anyway. The salary range was never given. The business model, extremely easy to replicate.
The job I’m at now had a single 30 minute chat. Verbal offer 2 days later. And my co workers and boss are awesome.
It worked very well for us, I was a bit surprised with some of the red flags that showed up that I wouldn't have expected to be caught in the hiring rounds done at previous jobs.
Blood test, background check including all prior training records that are reported to the FAA.
Not a lot of work for the candidate in the interview, but it's easy to fail one too many training events or accumulate a violation and become radioactive.
The person who is the most important to you on the worst day of your life is the emt. The interview was literally "do you have a drivers license, and are you grossed out by stuff?" The rest you learned on the job.
Weird how doctors are vetted but prehospital folk are not.
edit yes there is training, but it happens after hire
The reason why EMT have such hiring practices are because many people can do the job, and there are many willing to do it.
It’s not weird if you think of in market terms.
Software development is neither exhaustively certified, nor narrow, nor perfectly transposable.
Developers want a 15 minutes interview, but also scream "Would you ask a builder if he has experience with blue hammers specifically?" when they get denied an interview because they do not have experience with the exact tech stack of a company.
Because that's how pilots and doctors work. They not only need to have experience with a blue hammer specifically, but it needs to be exact same make and model.
Imagine if a GP claimed to be neurosurgeon because they cured a headache. Developers get to call themselves fullstack the day they modify an API route.
If the interview is for becoming a partner at a practice, it's a two way courtship that's more reminiscent of other businesses looking for a co-owner.
Doctors also tend to hear about each other. Even in decent sized metro areas, they can often know who to avoid.
(This process isn't perfect, but it's still way different than for software.)
Rigorous formal education, multiple rigorous exams, then years of shadowing and training. I went through this process, and tech interviews are a breeze by comparison.
What I don’t like about them is how “dry” and mechanical the interview feels
The interviewer was also very hard for me to understand, which made the interview harder than it should have been.
I am ESL too, so this is not about someone’s background. The problem is communication in an interview where both sides need to understand each other clearly.
From what I have seen on Blind, others have had similar experiences.
Text-only, no CAPTCHA, no Javascript, no DDoS on blogger, no geo-blocking, no BS
Can you explain what you mean?
Your point that there's a recessionary risk is real, but lowering rates might lead to stagflation. Both options are pretty bad honestly.
Levels.fyi is a reasonable starting point for comparison.
It's worth remembering that there's an _actual_ underlying economic problem here. Interest rates are up. AI spending is expensive. A dollar invested in a company needs to do _more_ than it did 5 years ago, relative to sitting in treasury bills. And Meta isn't delivering on that right now.
But IMHO: that's no excuse. This is admitting defeat, deciding to push the share price higher while they give up. Meta has the user data, the AI ambitions, the distribution, and the brand.
They could do anything, and the world is re-inventing itself. They're ... laying off people, maximizing profits, and giving up.
Cowards.
There is nothing "cowardly" about it.
Would you rather them never hire them in the first place?
Didn't used to be, except in extreme circumstances. Was seen as a really bad sign.
To the extent there's "science" on this, it's a lot less clear than you might think that a policy of reaching eagerly for the layoff-button is long-term beneficial to companies, i.e. there's a good chance it's a cultural fad, you do it because "that's what's expected" and perhaps investors get skittish if you don't, for the circular reason that... that's what's expected.
Human lives do not work like this. If you're getting married, if you have an unexpected hospital expense, if you want to buy a house -- these are not things that "market cycles" will plan around, but you have to.
Being quick to hire or fire is not the problem. Massive overhiring and massive layoffs are.
I think they have a point. Facebook is making money. Tech is in a very dynamic phase, right now. This is a moment of huge opportunity for them, and one that won’t necessarily be as large in the future.
To be contracting right now, rather than making a play, seems like a lack of leadership.
Maybe Meta missed on those big plays and now there’s too much pressure to make another.
I don’t know if I believe that, but worth considering
if you're making money and you feel that these are good employees, why not take them off the core products and ship them to some other ambituous R&D proejct?
making core products leaner is probably a good, but surely there's some other big moonshot you'd like to take?
I don't think that those 10% of their workforce were keeping them back, to the contrary, now a big part of the remaining 90% will start wondering (if they hadn't already done so) when they'll be next, that is instead of focusing their minds on this AI-race thing.
If it's not sustainable? Yes. They shouldn't have hired them in the first place then. Such a major round of firing (the second one in only a few months) shows a completely failing leadership.
I'm glad in Europe companies are much more conservative with hiring and firing. Because it's much harder to let employees go and there's strings attached.
Don't forget when you fire an employee you're giving them a lot of stress about their livelihood, you're externalising a lot to society. Internalise the profits, externalise the problems. Typical.
I'm so glad I don't live in the US and that things don't work like that here.
Companies won't spin up risky projects if they can't spin them down. This is why Europe continues to fall behind the US and China.
Accepting the mediocrity is abdicating the leadership of the world to China. If you like that, good for you. But I doubt the low-growth, low-innovation world of Europe will make the next iPhone, AI, or chip.
Oh, and Europe can only do this stuff because of the USA military, by the way.
They make products, sure, but output isn't the same as innovation.
>But I doubt the low-growth, low-innovation world of Europe will make the next iPhone, AI, or chip. >chip
Do you realize that the cutting edge in chip technology is a Dutch company
But it doesn’t fit your ideological narrative of how innovation functions so…
But irregardless I can hand you the point that you are making and then say that yours is a very tight standard that would not pass most of what passes for innovation in Silicon Valley.
The point I'm trying to make for the initial poster is that they are confusing "technological innovation" for money making. And yes you don't have a money printing machine in the EU, but you have A LOT of technological innovation that eventually goes to market through SV.
I'll wait for your answer.
America poisons the world with pollution (eg pulling out of Paris Agreement), misinformation, promoting discord as 'engagement', unnecessary military engagements and screwing up the rest of the world.
And really, abdicating 'leadership' was already done by America by voting for Trump.
But they are bad for society, it's not for no reason that a lot of countries are trying to ban them for the younger generations now, similar to smoking.
Axing low/negative ROI product lines, sure. But recently these cuts have been across-the-board and in product lines that are net profitable and have strong technical product roadmaps. Moreover they are firing longer tenured (expensive) engineers
I understand they’re managing a transition to a capital intensive strategy but the whole era reeks of stock price focused financial engineering and these large companies flexing oligopoly power in the face of their customers and the labor that builds their technology.
It does seem like a lot of people would prefer this, they way they react to every layoff announcement.
If companies stuck to fewer projects, money would be invested in other companies focusing on specific products, you get a lot of companies and not the market concentration you got today (which is responsible according to few economists to a lot of the us labor market dysfunctions it is currently experiencing)
I mainly call them problems because hugely scaling your org up and down on a whim is extremely inefficient when your recruiting and onboarding costs are high. Surely it’s more wise to repurpose the people you already have unless you have no time horizon on appropriate new areas of R&D.
What world do you live in? Suicide? Crazy talk.
[0]: https://news.ycombinator.com/user?id=matchbok
The other scenario is that Meta doesn’t layoff people. The big fishes will make less money, but won’t affect their lives in the minimum. What about that? That’s not illegal either, but ofc, “that’s not how businesses work!”. So brainwashed. We are the frogs, they are boiling us and you don’t care
Should a company keep someone on payroll and have them do nothing until profit reaches 0?
Secondarily layoffs don’t happen the way you say: they are across the board and when you are talking of 10% of a company there is no real way of targeting the inefficient people. More than anything is fiscal engineering: you need x amount, you fire people and then you rehire 75% offering less equity and at lower levels imposing more work on the remaining employees
And yeah, this approach to layoffs is sound. Been there, done that.
I was thinking the exact same thing. This makes them look pathetic.
Meta is very selective in their hiring process. If they can't figure out how to use these incredibly talented and driven people, then that's a failure of leadership. How do they not have an enormous backlog of promising and interesting ideas to pursue?
They've got the cash, they've got the people, they just don't have any imagination or ambition. Better management would see the current situation is an opportunity, not a problem.
I think this is essential to the disagreement in this little part of the discussion.
Ending a product line and laying off the people who worked on that product line aligns more to your "profitable work for a set of people" phrasing. But a great deal of tech sector layoffs happen as a blanket action, not targeted at specific products, teams, or roles. Business units are directed to find X% to cut. When the business is making money, these blanket actions can feel pretty unfair to the affected employees. The decision to lay off any specific individual could be completely disconnected from the value that individual provides to the business.
That's only one of many things layoffs can mean. In this case, Meta seems to be laying people off so that it can make a bigger bet on its AI programs (which I assume are deeply unprofitable right now) at the expense of other lines of business.
Isn't the obvious answer yes for everyone that sells their labor?
If I gave you the choice between being an employee in an economy where it is more difficult to land a job, but you could be sure that job would last, or an economy where it is easier to find a job, but it was completely insecure, I think most would choose the former. No? Worring about finding work while looking, or worrying about it all the time? Seems obvious.
Based on your logic we should make it impossible to fire anybody. That surely will solve our problems, right?
I want a dynamic, innovative economy where anyone can find a job if they work hard. Not because the law says they can't be fired. How depressing.
The domestic jobs aren't coming back.
unless you mean that the quality of domestic workers is declining, which i'd agree in most things (tho for some things like software i think still has a chance)
Why would this equalize? As long as software companies make huge profits and have growth capability which the top ones clearly do, what change would make this happen?
I don't buy this at all, this narrative feels like pure cope to me. The skill ceiling for working with AI tooling is not that high (far lower than when everyone had to write all their code by hand, unquestionably). To me it seems far more likely that software engineering will become commoditized.
I'm sure everyone posting about the supposed K graph believes that they're on the valuable side of it, naturally.
They also, unlike a lot of their cohorts in FAANG, don't have a significant engineering presence in India and it hasn't rapidly grown since COVID either.
The humiliation of all of the disastrous failures has been lost to history and PMC are once again bullish about their cost cutting genius.
US dev salaries are so much higher than the rest of the world that basically you could hire anywhere in Europe and still save most of the cost per person.
You could go to LATAM if you want the same timezone.
On the corollary, salaries of capable Indian developers have certainly caught up to most Western countries, so that you wont be saving much per person.
Seen in foreign workers remote driving ai cars, foreign workers training ai robots, etc etc
AI won't replace everybody overnight, but it'll make 10% layoffs year after year a real possibility.
Either people are simply made redundant because bots in the hand of a bot wrangler can do much of their work, or people are relatively less efficient than their peers because they refuse to adapt to a world where AI is a force multiplier.
They obviously biffed it by hiring for a bad moonshot when the pandemic money printers were turned on, and now they have plenty of belt tightening to do.
You still need engineers to innovate though, but industry has no idea what innovation still makes sense except, maybe, AI. That's why everyone is investing in it, there are just not many other places to invest.
Right now they have a bug where post appears duplicated as a reply to itself (you can tell it's a bug because liking one automatically likes the other).
For "no one" substitute "more and more of the working population."
I suspect oligarchs believe they can automate their way out of this. The little people will be surplus to requirements, and measures will be taken to eliminate most of us in due course.
But the manufacture of everything is both global and industrial. You need to run things at a certain scale.
Even if we had AGI tomorrow there's still a huge gap between where we are today and a hypothetical low-population global post-AGI robot economy.
And if burn through that straight into ASI no one knows - or likely can even imagine - what that would look like.
I think there's a big disconnect between how competent the AI crowd says it is vs reality.
Definitely makes it harder to make long term plans/commitments. It was tolerable at least when the market was decent, ie, if you were reasonably good at what you did you could be confident about landing a new role before your severance ran out (typically within a couple months-ish). If this current state of the tech market is the new normal, where it takes many months of searching to land something, that alone will likely cause many to reconsider this field, I think.
To play devil’s advocate, what they’re doing is not remotely cowardly, it is the entire point of their existence
They have a lever they can pull that will increase profits and the stock price. Why the hell else does a company like Meta even exist? It sure as hell isn’t to provide jobs to meat bags, and anyone that thinks it is needs a very quick lesson about the real world.
That's not at all the point of a company's existence. That's what a few companies do, for a short time, if they think they have no place to go but down.
That said, IMO they are right...
Oh sure, but the MBAs running stuff don’t care about that. Their bonuses are tied to the now, so the system has optimized for that.
They assume that we live in some kind of socialist system. They feel like it's a kind of deal; they accept all the regulations, monopolies bureaucratic bullshit and, in return, the corporate monopolies pay them to keep quiet and stay out of politics.
I understand the sentiment but what's horrible about this mindset is that these people think it's OK to support corrupt political power to enrich themselves at the expense of everyone who doesn't work for a big corporate monopoly. They think that all the smart people work for big tech and everyone else is trash... And they set the criteria for entry into the big tech monopoly club (I.e. screenings and interviews). But the irony is that they're trash! Their pseudo-socialist view of the word is crooked.
The reason I support UBI is because I don't see a meaningful difference between ambitious people and random people. Every generation from boomers onwards are spoiled brats. Mostly monetizing and gatekeeping the ingenuity and labor of past generations by playing dumb social games. The whole system doesn't make sense. As meritocracy declines, the rewards increase and false narratives fill the gaps... They'll have you believe that the person who painted Facebook HQ's walls contributed more to society than the guy who actually invented the paint...
That doesn't mean that's what happened, it only means that whether or not its true, most companies aren't going to say it. The few that have said anything of the sort have suffered some backlash, and they aren't even as prominent as Meta or Microsoft (which also just announced plans to reduce by ~7% through buybacks, the first in their > 50 years) And this is on top of their decline to ~210,000 employees after 2025 firing of 15,000.
They also burn capital at insane rates on projects nobody wants then fire everybody involved (see: the metaverse, the very reason they rebranded to that dumb name)
but for the second, I guess I don't consider that terrible? they make risky bets, pay people tons and tons of money to try them, then if it doesn't work out they shut down the projects and let the people go? that feels like every startup except the employees actually get compensated. if that's driving the extra layoffs, it's hard to feel too bad for people who have probably been paid millions already
The fact is Facebook had serious red flags going up that the AI boom has papered over (for now?) as well. They don’t make a lot of sense to me.
I don’t know how to tie this all together to be honest. It’s a lot of feelings/emotional response. But frankly it just feels cruel how they treat their employees and our society, so it colors my perception of everything they do.
they're growing at high teens % a year and have record profits and a centi-billionaire has complete control. whats going on there is gross, even compared to the finance world of yearly culling of the bottom few % its gross.
There are a few US companies that crossed beyond the carelessness of us work culture to flat out hostile and metas one of them.
Meta is working on "personal AI that will empower you". Saying they are firing people because of AI would be a bad marketing move.
They scaled that idea, made a lot of money doing it because of course, bought up a bunch of companies who themselves had original and ethical ideas. But they were never allowed to shine brighter or step out of the shadow that is Facebook, who still believes their customers are "dumb fucks". That never changed and Facebook's current customers, employees, shareholders, and targets of acquisitions need to remember that and never kid themselves about who Facebook is.
So the answer is, when an executive is held accountable for disrupting this many people's lives. When they claw back bonuses they have probably received for hitting or setting those previous hiring targets.
Why must a mistake have been made, as opposed to just changes in the market? Doesn't this presuppose that people are entitled to keep their job as long as they want to, and if the company no longer needs them, it's a violation of that right?
And even if it's because the leaders of the company misjudged something, I'm unclear how that means that employees who were laid off have had some great injustice visited upon them.
I got laid off from Block a little over a year ago, and I wasn't salty about it at all. They paid me millions of dollars over the years I was there, they gave me great severance, and I don't view myself as entitled to be able to sell my labor to them, just as I don't view them as being entitled to buy my labor. I wouldn't have felt bad ending my employment if it was best for me, why should they feel bad for doing the same?
If you're high up at a company like Meta, you likely have a compensation package worth millions a year.
The question is what are they being paid for if not to be "better" at steering the ship than others? They always tell us they are brilliant leaders who bring more value to the company than others could or would.
So if they're just following the market like everyone else, and having to react with large reversals, then to me, it starts to poke some pretty large holes in this idea that they are somehow the best of the best. It starts to look like their only real skills are self-promotion and career advancement. Not because they're better at operating the company, but because they're better at office politics.
This is nothing new of course, this is the way most organizational structures have worked since the dawn of time. The people with power are given deference and privilege commensurate with being elite, but really they're just average at doing their actual job and kind of guessing their way through it. I'm not saying Meta is special or uniquely culpable for this mistake here. I'm saying it's a sad fact of life and maybe, just maybe, if we all start saying out loud this truth, that this is something we could change as a society.
Can't we all just be happy?
That would be sad. I've never owned a Quest, but the technology is starting to be very impressive. I would consider buying a new generation one.
Related to the quest, the horizon worlds team was largely let go (around 1000 employees) earlier in the year and are not part of this latest 10 percent etc.
1. Larger acquisitions. IG was $1B for a 13 employee company. WA was $22B. We were all talking about how big those numbers were at the time, but looking back they seem like mid-sized acquisitions. Before, most companies would have looked at these numbers and tried to build it themselves, or underbid, or just not pull the trigger. Blockbuster and Netflix. Yahoo and Google.
2. He meet the user where they were. He made no meaningful and instant change to the apps. There was no rebranding. They still have their own login screens and apps. Many casual users might not notice their major platforms are owned by the same company. Compare this to more old-school tech companies like Oracle buying Sun, or a national cellphone provider buying a regional one, or whatever happens with AOL-Time-Warner-Discovery.
1. Full carrying cost of an employee is much more then their salary so this math is not as straight forward if you’re just cutting time and salary to account for that time.
2. You should assume most people aren’t counting hours in places like Meta, reducing to a 4 day week imho will start making people think more about counting exact hours they’re working. It’s partially why the “4 10s” concept is also a bad idea that permeates the defense contractors.
3. Staying focused 5 days a week for one person probably has better compounding effects for that week than a few people working part time and taking longer to get the work done with longer breaks in between “sessions”. Harder to measure of course but it’s one thing I’d be worried about. Easier to think about if you say each person works 2.5 days a week for half their pay, I’d rather just have one person.
4. Layoffs let you cut by performance.
Like this:
> will start making people think more about counting exact hours they’re working. It’s partially why the “4 10s” concept is also a bad idea that permeates the defense contractors.
Maybe that's a good thing? [1]
I have no doubt that Meta is thinking like your four points and hiding behind "it's the corporation making the decisions, not a bunch of people at high levels", but... Ugh.
[1] Nitpick - I was speaking to a friend about a decade ago regarding their OT/IOT work in the defense industry, and they told me that they had to aggressively track every hour. The feds were punitive when it came to unreported overtime.
If you're doing work on a cost-plus-fixed-fee contract (which many software development efforts are) then you have to count hours anyway because you get paid based on what you bill. The fact that nothing substantial gets done in the additional 1-2 hours a day is immaterial because these arrangements are really just fringe benefits in the form of additional time off for employees. As a practical example: people working "9 hour days" with mid-afternoon on-site customer meetings and a half Friday from home certainly aren't fitting 40 hours of productivity into their week and nobody cares - everybody gets paid, the job gets done (for some value thereof), and millions of Americans stay employed. One might even argue that this is a feature since working less efficiently means more billable hours to the government and a larger economy.
Though the bigger reason is the belief that people who are willing to take a paycut in order to work less are not the people you want on the team. There's still a stigma to not making (or least pretending to make) your job the priority and treating every other part of life as a support role for it.
Also, theoretically Meta is getting rid of their worst performers, so their cuts and declines in productivity would not be proportional, especially as the cuts inspire fear to motivate productivity from the remaining employees.
Haha, no, it inspires motivation for finding a new job. Interview prep takes time!
> Haha, no, it inspires motivation for finding a new job. Interview prep takes time
Everyone's circumstances are different. Many people - especially those with dependents - would reasonably be afraid. Whether that would inspire lasting productivity is questionable. It could also inspire less productive ways of getting ahead.
Then within few years, when the amount of bugs in quickly produced software skyrockets and it will be extremely hard to debug that code by hand, market will change again. These llms will find their solid place but not at current projection/investment wishful thinking. And definitely not for software that is continuously developed, changed and fixed for decades (which is default for most corporate apps, be them internal or vendor ones).
Could probably replace fair few of executives and higher management tho, why pay sycophants six figures when all you need is LLM sub
Now capital can flow towards AI - I'm sure the reason why engineers at Boeing or GM don't make the same money as software devs do is that their industries are otherwise capital intensive, among other things.
Unless your parallel universe has a more (not perfectly) equal distribution of capital and resources, it would have ended up here in some other form.
1) still have a submission form that doesn't require email
2) that they post my email-less submissions from my smaller USA city, too [farily quickly, as well!]
https://medium.com/design-bootcamp/sun-microsystems-sign-at-...
It would really be poetic justice if some former employees of established companies went for the jugular of massive SaaS incumbents.
I've been seeing this in the startup ive been for the past year. We are 20 people, and are solving fiscal reconciliation problems for HUGE companies in my country. Building thing that were just not scalable before.
I'm waiting for all the cool startups in both b2b and b2c that solve health, time spending or money problems.
As an example, we had to be able to parse most uses b2b bank statements. That means understanding the structure of around 30 different formats, some with very subtle differences within them.
The naive and expensive approach was to train an LLM to do it (after OCR).
Instead we used AI to generate a generalized python parser that is "configurable" for different structures. (And also extracts data from PDFs without OCR, unless they are pure images).
It covers the 99% of the cases. And for that 1% we pass it through AI for immediate solution, and to generate the additional deterministic config to cover it.
But I digress (lol). The point is, there are so many interesting problems that can now be solved. We should have teams of 3 to 5 people doing crazy stuff.
I am in some ex-meta groups and people tell they got laid off and in the same sentence ask how/when can they apply again. If someone is laid off for supposed ‘low performance’ and they still want to go back because it pays 10-20% higher than others is just weak. Have some self esteem!
On the topic of recording clicks and keystrokes: they have one of the most extensive surveillance-ware on employee devices since 2015. So its not new. Its posted publicly to avoid some law suits in near future.
On the topic of training ai with this data: where do i even start. Meta is so delusional. NO ONE uses the ai in whatsapp, messenger, facebook, instagram. Many people don’t even try it. So regardless of the quality of the model, no one wants to speak to meta’s ai. Even if they produce a very efficient coworker, why would anyone touch meta’s ai? I wouldn’t want to touch it with a 10-foot pole.
Does anyone affected by this or that works at Meta would dare speak about it?
Sadly, they are never the ones to be sacked.
Basically, if you are L5 or above and can survive 4 years at Meta, you’re guaranteed to be a millionaire by the end of it. Go to levels.fyi and do the math yourself.
AI is a huge bubble right now and although it is useful and future models will be more so, the truth is that it’s a lot of pie in the sky too.
Meta pays top dollar. They also pay enormous sums for what management identifies as performance.
Conversely, Meta is ruthless about cutting those management identifies as low performers.
This is the deal going in. It’s not a crime.
Thats what the normal Meta up-or-out promo/comp structure is for. This sort of thing hasn't been about that for a while. Sure, they will say they stack ranked the company and fired the bottom 10%, but given how many layoffs they've done, at this point it's just an ongoing brain drain.
(I departed when the writing was on the wall for the '21 layoffs)
https://en.wikipedia.org/wiki/Growth%E2%80%93share_matrix
whilst they get efficiencies and may improve margins, the long term damage of culture and having 'yes men' will damage their business far more than a few quarters of tighter growth and margins.
This was the big one I remember:
https://layoffs.fyi/2020/05/18/uber-lays-off-3000-more-emplo...
I predict that tech companies will hire back a lot of this lost headcount over time. Although AI will keep getting better, so there's more downward pressure coming. Facebook, Amazon, and Google have had flat headcount since 2022, and this layoff will reduce FB's size back to 2021 levels.
It would be nice if someone with another big pile of money could put some of these ex-employees to work so us mid-level schlubs don't have to compete with former FOAMers (new initialism for the hyperscalers of layoffs) for 'regular' tech jobs, but it appears there are no new ideas or markets to capture.
To me a company at FB's scale is inevitably going to be optimizing around the margins. I mean you could argue any of Google, Amazon, FB, have had basically the same cash cows for 10+ years now.
After the AI race and the large IPOs of 2026, this will be the case. The hiring pipeline will be a lot slower than 2021 and will be more controlled.
Between you and me and the internet, I'm rooting for UBI.
But as the Simpsons' favorite space alien duo observes: "why doesn't the workingclass, the larger of the two, simply eat the rich?"
----
This will seem random, but the advice is: if you're still renting, see if you can pay a few quarters/years ahead. Real estate is locked-up worse than any millenial has ever experienced, rents are stagnant (being generous), and the dollar is quickly losing OPEC-status for obvious reasons. Perhaps this can save you some cash (even negotiate for less?!), and then the landlord class can feed its forever-temporary quest for the_gainz.
I am personally paid two years ahead, to a mom-and-pop local homeowner — at current undermarket rate. I save more money per month than most of my workingclass home-owning neighbors (I would NOT buy a house right now if you can find undermarket rents — increasingly commoner).
-OR- buy some gold1oz/silver10oz
-OR- rent out that 250sqft inlaw suite you thought'd be impossible to [if already house-trapped: it won't sell good rn]... and make both roof's occupant lives better.
----
Just some random thoughts from an absolutely jaded #ElderMillenial
Something is seriously flawed here.
That may be what Meta is already doing. I’m afraid we are going to see something like that at play in tech for the coming few years until we get to an equilibrium. Sad and it might work.
Facebook is kind of a functionally useless product. The feed has always been a mess. You can get banned at any time, there's no account security, and so on and so on
> If America’s so rich how’d it get so sad
> https://www.derekthompson.org/p/if-americas-so-rich-howd-it-...
Single-use zoning makes it illegal to build the places people want to go within walking distance of where they live, so we spend trillions over decades building car infrastructure to allow people to commute. Of course the consequences of commuting by car is more pollution and less exercise, again causing health issues.
The average house price in my country is now 400k eurodollars. And banks keep giving out loans.
The fact that we are entertaining 50 year mortgages as a "solution" further adds insult to injury.
Nobody talks about how the "cure" was worse than the disease in 2020. Happiness matters and is worth dying for.
But honestly, IMO America has become a joyless, directionless dystopia of soma and bread and circuses in the middle of a geopolitical knife fight to define the 21st century and maybe even hit the singularity. I'm not happy with the current management, but it was the same unhappy bunch talked about here that decided by voting or opting not to vote that gave it a second shot. Kinda deserve this, no? If no, I'm all ears for your one weird trick to fix America, go for it!
Yeah I know, downvotes incoming for such heresy. If you don't pick a side, then what are you even doing?
It absolutely destroyed a ton of very good things, perhaps forever.
https://knowledge.wharton.upenn.edu/article/does-money-buy-h...
There are exceptions of course. Some people are just predisposed to being unhappy no matter the circumstances, but generally speaking more money directly correlates to increased life contentment.
The article even ends with this quote from one of the authors of the study (emphasis added):
“Money is not the secret to happiness, but it can probably help a bit.”
Exactly. There are other things you can do to be happy and some personalities are simply miserable, but there's nobody who's better off with less money. I'd be curious to see if this holds in societies with better social safety nets for whom money isn't as directly tied to survival or options in how to live.
"It buys a WaveRunner. You ever seen a sad person on a WaveRunner?"
The average American ain’t doing very well by OECD standards… literally bottom of the ladder.
It buys actual non-hypothetical liberty, as in greater choice to do what you like with your time and your self. It relieves one from unpleasant but necessary tasks (by paying someone else to do them).
Wasn’t the original intention behind facebook to accumulate a directory of hotties, probably with the aim of bringing them ‘closer’? They pretty much put it on the label; it’s not called personality book.
The evidence for this is rather plain to see at this point in history. ;)
Sort of.
Wikipedia @ 2:
> Mark Zuckerberg built a website called "Facemash" in 2003 while attending Harvard University. The site was comparable to Hot or Not and used photos from online face books, asking users to choose the 'hotter' person".
Britannica:
> Despite its brief tenure, 450 people (who voted 22,000 times) flocked to Facemash. That success prompted Zuckerberg to register the URL http://www.thefacebook.com in January 2004.
> They pretty much put it on the label; it’s not called personality book.
Wikipedia @ 3:
> A face book or facebook is a paper or online directory of individuals' photographs and names published by some American universities.
Wikipedia @ 2:
> Zuckerberg coded a new site known as "TheFacebook", stating, "It is clear that the technology needed to create a centralized Website is readily available ... the benefits are many."
[1] https://www.britannica.com/money/Facebook
[2] https://en.wikipedia.org/wiki/Facebook
[3] https://en.wikipedia.org/wiki/Face_book
"People just submitted it. I don't know why. They 'trust me'. Dumb fucks." -Mark Zuckerberg
Maybe so, but have you seen Zuck's wife? I'm pretty sure he could find someone hotter to date if he cared to. There must be armies of gold-diggers after him. And yet he seems happy with his imo rather plain looking wife. Well done them both!
Admittedly that was just a couple of guys, but it takes something to be so obviously toxic yet still chosen to represent the values of your company at a third party.
Arguably the Google ones were guilty of naivete, but that's not a crime you'd want to punish too hard, and I was myself guilty of far worse.
The hunter Biden laptop story was censored - including in private messages - and Charlie Kirk was shown being shot in the neck to death to children.
There's nothing else to say.
It really sucks for software engineers though - first these companies made a hype out of "coding" and hacking to build those monstrosities, now they switched to squeezing the accordion to keep the music going. This is not the first time and I hope not the last one - just need new Yahoos of 20s to pop up.
I'm up for building this. What dinosaur languages should we code this in? erlang, tcl and perl?
If they can run it better than Zuck they are free to try, believe it or not.
Given that the cited 10% includes the folks who have to drive 2 hours each way to cook/clean in the campus kitchens... not sure that they do. Meta isn't all software engineers, by a long shot
Also I don't understand what market share has to do with democracy. Is that some sort of voting scheme?
Is this a crypto thing?
One might almost say workers should... own the means of production?
And, of course, every tech worker already has a vote. As the saying goes: they can vote with their feet.
Re: replies that one day off has been around much longer. Yes that’s what changed - the change was for 2 days off.
You can get extra Fridays off if you move to a country with bank holidays that tend to land on Fridays, which is correlated with history of either communism or organized religion (much like the weekend).
But, if you want every Friday off, your best bet is to embrace hyper-capitalism and worm your way money so you can have four-day work week.
(Easier to achieve than the legendary four-hour work week anyway.)
TL;DR: the more opposing ideologies you can simultaneously hold, the more days off in a week you're morally entitled to :).
I'll wait for you answer.
The arrogance displayed here is astounding.
And this is coming from someone who doesn't like FB or Zuck.
Projecting much?
Quite a few folks on HN have developed a remarkably thin skin and no longer make the most charitable interpretation.
Frankly I don't care whether I get or lose karma points, lol
AGI has been achieved internally once again at Meta.
Care to elaborate on how you came to this conclusion?
It means layoffs with AI, with the smokescreen of "abundance".
I won't be surprised if that's one of the use cases in their mind.