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by noahmbarr 1115 days ago
1st: This is awful for impacted employees.

2nd: When done well, this can lead to more nimble, faster, higher output organizations that get MORE done.

Time will tell

2 comments

Or maybe, just maybe, don’t hire these people in the first place.

Also if you think Meta is even capable of being nimble, I have quite a few pre-IPO bridges to sell you.

If your only measurable metric is how much the company grows, you hire for the economy you're in, not the one you're headed into. The grew massively in the pre and mid Covid boom, and shrunk massively since then. Only if you care about profitability and employee welfare do you put the brakes on hiring. The company in question is all about market cap. They've got enough money to bankrupt nations; the only metric the board care about is power.
The problem is morale is in the tank with round-after-round of layoffs.