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by psychphysic 1177 days ago
I don't blame them. Were entering a bear market, they have disadvantaged themselves with metaverse (although their hand was forced when ad market was nuked).

It's a hectic market where job seekers and employers are about to get tight.

1 comments

You'd think then, entering a bear market, you'd want to keep your best people happy by letting them WFH.

But maybe they're going the HPE route and trying to cut staff via attrition. When I was at HP in 2014, Meg closed all satellite offices and got rid of most WFH- this lead to overly cramped offices as an abundance of employees were dragged back in.

A lot of employees quit or simply took early retirement as a result.

These are new jobs. My pet theory is that meta is a business with no product or purpose at the moment.

Once they know what they want to do to remain a business they will hire good people for that new product.

I suspect though that "good people" for someone like Meta are usually head hunted and will be offered bespoke contracts from day 1.

All tinfoil hat speculation on my part to be honest.

I follow, that makes sense.