| A few thoughts on the layoffs: 1) I know from an internal source that impact is known by now (this week) by the local leaders. There's a very specific criteria. This has been "socialized" with some survivors, but not all. 2) The Capex in building AI is what's causing this wave. That's not surprising. 3) The AI buildout caught a lot of companies with their pants down without financial firepower to make investments. People are surprised by new tech paradigms all the time, it's a permissible mistake. What's crazy is, why were these people hired in the 1st place. There would have been no bloodbath if that salary money was sitting in the balance sheet, as a muscle ready to be flexed. Instead, they just ate fat and now it needs to be trimmed. 4) >>> personal sacrifices you are willing to make This strikes as very hollow. The very last thing anyone thinks about is personal sacrifices, when thinking about working at meta. Unless you are a paladin and you think selling people ads or getting them addicted to apps is some sort of an unholy dark spell, what's there not to like? 5) >>> fresh out of college came to expect six figures, free food, gym memberships, laundry services, and company stock that only went up. It seemed less like a job market and more like winning a particularly nerdy and privileged lottery. That’s not what it feels like anymore. None of those things actually changed, except of course they expect you to do the work 24/7. Before it may have been 25/4. So the bar has been raised a little, yes, but the people working there still winners of "the nerdy and privileged lottery" |