Facebook parent Meta to lay off 10K workers

Mfers hired like 50k people since 2020, bound to happen

EDIT: The actual memo was surprisingly well written tbf https://about.fb.com/​news/​2023/​03/​mark-zuckerberg-meta-year-of-efficiency/

Oh no, those poor executives made a hiring error. Let's give them a bonus for firing everyone and making the investors happy!

This is why executives make millions of dollars per year, they make the important decisions and care about their employees.

Didn’t they just lay off 12k employees a few weeks ago? Is this an additional 10k?

Housing prices are and will continue to take a hit. If you can hold on to your job this will be a great time to get into the market.

Zuck made a mistake and miscalculated what the market wanted and what it was ready for. It was a bold, dumb move. He should take a $0 salary for the next 3 years. He won't.

The company deserves to die. It has effectively killed truth and objective reality for the wealth of one man.

Meta is the new Yahoo - there is no potential upside to that company.

Why do they still run like a startup who just ran out of money? Well run, forward looking companies don’t have these swings.

yeah, not sure why they went on that hiring frenzy. reality eventually had to set in.

meta is not having its best period right now but there are already several poorly informed takes on this thread and there are bound to be many more. people love to talk shit about things that are way over their heads. guess it makes them feel like they're part of the conversation? pointless rabble.

Ever since deleting my FB account years ago, I keep asking myself, "people are still really using this?!?!" The VR Oculus is cool, but it's not a necessary part of life, at justt yet. I'd rather do my part and avoid it and other Meta products in order to boycott Mark Zuckerberg