Meta has been overweight for a while, with redundant hierarchy and generally over staff in some departments. This is no news to many, however the layoff is announced at this special moment. Do you guys feel this layoff is a political response to a... — read more 

These news barely spark any discussions. Am I the only one who worries about their $500k salary, free food, and world domination dreams?

Would be very much appreciated!

According to an internal memo obtained by Business Insider, Meta plans to cut 5% of its workforce, as CEO Mark Zuckerberg warned executives that the company would make “more extensive performance-based cuts” beginning in February... — read more 

Who wants a delusional world with no guardrails?

...how does Meta measure the lowest 5% performers? Does it mean like they submit their assignments late and cannot meet deadlines? Please enlighten me!

Especially considering the current state of the job market. Not to mention the fact that performance is no longer a determining factor in layoffs, either here or at other companies. I've seen talented individuals let go time and again simply because... — read more 

LOL

“Meta is working on building some of the most important technologies in the world — AI, glasses as the next computing platform, and the future of social media.” - we are clueless and shooting in the dark to try anything that sticks “This is going... — read more 

Memos sent, 5% cut. Employees affected in the US would be notified on February 10, and others later, as per Zuckerberg. Here is the memo: Meta is working on building some of the most important technologies in the world - AI, glasses as the next... — read more 

Is this for real? https://sebastiancarlos.com/fired-from-meta-after-1-week-heres-all-the-dirt-i-got-855e4e5a0d65 “Remember,” he said turning to me with a smile, “Prolog statements can be both declarative and procedural. Isn’t that neat?” The line... — read more 

The H1B visa program is designed to bring skilled workers to the U.S., but the hiring process for these workers needs to be streamlined for efficiency and integrity. Verify Authenticity of H1B Candidates: Companies should ensure that H1B... — read more 

No matter white or black, natives, as long as they or their parents have fought for this nation

I have an offer to become a campus construction manager. Is the culture really like they claim? Should I accept? Anything I should know before joining the team?

Meta recently terminated approximately two dozen employees—in what is being dubbed as "Grubgate"—for misusing a $25 Grubhub meal credit perk. The credits, intended for employees working late or at offices without cafeterias, were reportedly used to... — read more 

C suites gets 80$ million for not doing their job and workers gets laid off? https://chng.it/KcryfxWgZF STOP Unnecessary LAYOFFS! Amend Worker Adjustment and Retraining Notification (WARN) Act Sign and support!

Meta has begun laying off employees across various departments, including WhatsApp, Instagram, and Reality Labs, according to people familiar with the matter. Rather than a mass, companywide layoff, these smaller cuts seem to coincide with... — read more 

https://www.highereducationinquirer.org/2024/10/bloomberg-exposes-harrisburg-university.html

A court in Kenya has ruled that Facebook’s parent company Meta could be sued in the East African nation over the dismissal of dozens of content moderators by its contractor, Sama, a Kenya-based firm contracted to moderate Facebook content... — read more 

A US judge has deemed the severance agreements provided by Meta during its 2022 mass layoffs as illegal. Administrative Law Judge Andrew Gollin of the National Labor Relations Board (NLRB) found that these agreements violated employee rights... — read more 

"Trump name-dropped Mark Zuckerberg in a Bloomberg Businessweek interview published Tuesday. Trump said he was in favor of TikTok because it competes with Zuckerberg's platforms. Last week, Trump threatened to jail Zuckerberg if he's elected in... — read more 

Mark Zuckerberg-run Meta would reportedly lay off around 50 VPs (vice presidents) from their positions amid restructuring to boost the efficiency. The company employed 300 VPs last year, which now would remain 250 after the latest Meta layoffs... — read more 

Statistics also reveal that the cumulative number of job cuts in the tech sector has reached alarming levels. Since the beginning of 2021, tech companies have laid off more than 720,000 people. This figure underscores the volatility and... — read more 

https://www.msn.com/en-us/money/companies/former-facebook-and-nike-diversity-manager-gets-5-years-in-prison-for-5-million-fraud/ar-BB1mwfzP?ocid=winp1taskbar&cvid=edcd4790d4e847b2fa35d1908ddc97b3&ei=25

But for junior engineers and other ones, their positions will be impacted.

Meta shares lost ground Monday amid reports of job cuts and indications the social media giant could face a probe by European regulators over its efforts counter... — read more 

Meta’s company-funded oversight body is planning to trim its workforce, a downsizing effort that could affect the board’s ability to police the world’s largest social media... — read more 

If FB/Meta really cared about users with professional profiles being able to build a following, they’d give us a better means to invite people that engaged with a post. I have over 200k to invite and the current method of manually clicking Invite... — read more 

While most employees are expected to retain their positions, the company’s ongoing re-organizations have created an atmosphere of uncertainty. The “Year of Efficiency,” which was initially a temporary measure, has now been made a permanent part of... — read more 

Fess up: Was it Meta rushing to comply with the EU Digital Markets Act, in force tomorrow?

Facebook and Instagram’s parent company, Meta, has set itself on a collision course with the Albanese government after announcing it will stop paying Australian publishers for news, and plans to shut down its news tab in Australia and the United... — read more 

The client was irate because their entire Meta account team had been overhauled and downsized without their say. They felt they should’ve been consulted, given their significant ad spend, which the agency exec declined to share... — read more 

https://youtu.be/xQqsvRHjas4?t=1406 I've posted the video with the time stamp set to 1406 seconds (about 23 minutes into the video) In short he thinks most cuts are due to overbuilding during Covid.

Once I built a railroad made it run.. https://www.highereducationinquirer.org/2023/12/ai-robot-capitalists-will-destroy-human.html https://www.highereducationinquirer.org/2020/05/lets-all-pretend-we-couldnt-see-it.html

As with so many things in investing, the devil is in the details. For instance, the narrative around Facebook parent Meta has been a bit negative for the last year or two, thanks to strategic missteps, and Wall Street clearly thinks its recent... — read more 

Remember when FAANG was a thing and everybody was trying to get a job in one of the five coveted companies? Other than Apple (and even Apple is on shaky ground), every single one has now gotten the opposite reputation. People are warned to stay away... — read more 

Meta spent billions to close offices and lay people off. Now we know why. https://www.businessinsider.com/meta-layoffs-office-closures-stock-price-mark-zuckerberg-earnings-2024-2 Meta is paying first-ever dividend, authorizes $50 billion... — read more 

Read about the plans of your boss and tell me what do you think about where Meta is being lead.. https://finance.yahoo.com/news/mark-zuckerberg-spent-187-million-191118946.html