Layoffs at Meta starts next week, leaked on Blind
teamblind.com
teamblind.com
Blind is 90% trolling, and every single week, in each major company forum, there's a post about layoffs starting next week.
Maybe it will, maybe it won't, but the rain has a lot more to do with that than the "always claim a flood is coming" person.
Also, Blind does lack coherency in rumors (and the toxic focus on compensation brings out the worst in people), but it has exploded during the pandemic due to WFH and newcomers seem to be less toxic.
I've actually seen people give good advice there recently, so it's become a bit nicer, almost like Fishbowl (which has its own problems, but I digress).
It's a bit like sitting on a stool at a very rowdy bar. You have ample evidence it's full of intoxicated people trying to assert themselves by showing off, but sometimes interesting facts spill out.
(Edit: which is why police does sit in bars.)
Though, in that same speculative direction, it could backfire and give them a great idea: "You know, we already took the PR brunt for for this rumor, might as well go ahead and lower our costs a bit of the next quarter".
https://www.teamblind.com/post/Googlers-Are-Insufferable-qWz...
That cannot be true.
If you fire 15% of your team and the productivity stays about the same, you were wasting resources before. If some other guy was running a really lean team, and they have to fire 15%, they will be punished and you will get a raise.
And you would be strongly motivated to hire more useless people that could act as a buffer in case there's another layoff round.
I know, it's Meta, but they can't be that blind.
Rather than what they should have done which was lean into their ability to grow wheat better and just live with potato shortages.
(I'm no historian so I might be characterizing this badly, I admit)
> I know, it's Meta, but they can't be that blind.
You've not actually seen the kinds of decisions corporations execute on in the interests of shareholder value, have you?
Tech companies are better at using data to drive their decisions than non-tech companies; they are no better at using data -sensibly-.
If this actually happens (it's Blind), with the policy listed (it's Blind), the rationale is quite easy to explain - clearly, the one whose productivity didn't suffer -fired the right people-. The one whose productivity suffered -fired the wrong people-. The option you present, that some teams are actually sufficiently lean already, runs against the broad generality the CEO gave of "too many employees, but few work", ergo it can't be true.
Call it a joke, call it an attempt to manipulate META stock (down 15% this month, maybe the OP is hoping their rumor will bump the stock up?). It's definitely not a leak in terms of how Blind works to verify users
I generally recommend to juniors that they avoid those crab buckets and work on cultivating real networks with people they know. YM, of course, MV.