| I'm an engineer at Meta waiting to hear my fate. Regardless of what happens tomorrow, I want to be gone by the end of the year because of leadership. The "I don't foresee more layoffs" line in November was bad. I understand that circumstances change, but other than SVB (which was contained and didn't really impact Meta), there wasn't much between November and March. This shows a lack of foresight beyond around a month, not to mention how haphazard the layoffs were. NYT reported that execs are phoning it in. I have no first-hand knowledge of it, but I believe it. Zuck missed TikTok. He wasn't ready for Apple's privacy changes. Rather than paying attention to competitors, he was busy building a failed cryptocurrency and the metaverse. Unless letting TikTok take hold was a big brain plan to get lawmakers to stop looking at Meta. The rebrand was poorly timed. It was almost exactly at the stock peak before reality started setting in. Sheryl left. Then there's the overhiring, but at least everyone else in the industry did it, so that's merely average performance. I don't like it as an investment, and I'm having a hard timing making the case for it being somewhere I want to work. |