https://www.wsj.com/articles/ftc-preparing-possible-antitrust-suit-against-facebook-11600211840?mod=hp_lead_pos2 Get ready for the layoffs!! I would have thought we would have been called out for antitrust 5 years ago. Does anyone remember... — read more
Topics regarding layoffs at Facebook
I don't like what this company stands for. Its the worst kind of mass manipulator of the public. Freedom of speech and public discourse is being replaced with f—ly Mark's overlord mentality. I work here for the paycheck but would like nothing... — read more
Will I get layoff for having virus?
I hear that there is PSC culture at Facebook and that they should be avoided as an employer. Do you know what "PSC" means in this context. Thank you!
If yes, how frequently?
An old article, but things have only gotten worse from what I see. https://www.theguardian.com/technology/2017/nov/08/ashamed-to-work-in-silicon-valley-how-techies-became-the-new-bankers
A Washington DC, law firm is investigating major Bay Area companies Google, FaceBook, Microsoft, Intel, Nvidia, Amazon and others. My current company is facing similar charges but there is a gag order on sharing detasils. Facebook employees should... — read more
What’s going on at FB. Are these the criminals bailing out or are the real criminals staying? Layoffs are coming with this kind of mess. https://finance.yahoo.com/news/facebook-downgrade-needham-162457787.html — read more
Facebook exposed. https://www.pbs.org/wgbh/frontline/film/facebook-dilemma/ — read more
Now that Facebook has joined the elite club of most wealth destroyed in one day. Margin are going to be in low 30 vs 45% and revenue and growth slowing. We all know what that means for the little guy. Facebook layoffs. Starting this thread to capture... — read more
Company is crushing under its CEOs lies to congress, massive layoffs soon to recover stock price https://www.foxbusiness.com/markets/facebook-plunges-as-revenue-daily-users-disappoint — read more
I heard the number is 5% any one has heard anything? This NYT story really hurts more than before..
The Biggies having lots of closed door meetings the last few days. Joined by what Ican only presume are lawyers and PR types based on their attire and look. When the doors opened during breaks or someone walked past my desk, they looked pretty... — read more
This taken from Forbes... The article was published in Nov 2016. The source link is below... Performance reviews might have been declared dead by social media a long time ago, but they are still alive at Facebook – the company. There’s a good reason... — read more
Adding headcount all the time...
40 folks impacted, but they can stay if they find roles in the company. First recorded round of job cuts at Facebook...
Fear not for Silicon Valley real estate values. Although the Communist Party has cut off the flow of money out of China, newly minted Facebook millionaires continue to take up the slack...
Really nothing else to add here, we are expanding, buying companies, investing in future