For the sake of argument, let's say a statistics team has 5 people.
Cost of Employee at FB, including insurance, office space, 401K match, salary, bonuses = 250K/year (probably very conservative).
Cost of Data and Software Infrastructure to support them (including people to respond to Infrastructure support tickets), let's just be very conservative = 100K/year.
Cost of People Management overhead to support them. Includes salary of at least one manager, not to mention the time of a program manager, project manager, product manager, or whomever else. Let's just say 500K/year.
Total = 1.85 Million/Year.
Let's say this team of 5 people comes up models that save the company $4M a year. I once had a VP tell me that to justify a Data Scientist on the team, they needed to have a savings of 10X what they cost the company to have that person on staff. I know this logic and math seems very weak and hazy. Mapping costs is a strange thing. But this is how some decision makers think, and this is how people get cut.
It would definitely be better to find another internal home (assuming the team is portable without its mother team that got cut), but sometimes these decisions are made quickly without a lot of granularity. They aren't necessarily going to find one sub-team that saves only ~1x their cost in net profit and figure out how to transplant them to another org.
He seems to have taken away the important lesson - if you're not primary you're in danger.
Software Engineer: https://www.levels.fyi/companies/facebook/salaries/software-...
Software Engineering Manager: https://www.levels.fyi/companies/facebook/salaries/software-...
These grants are valued at the market price at time of hire (or refresh).
So maybe pre-2022 the comp was 700k...
However, they’re paying out bonuses twice a year, annual (PB)RSUs, (specifically for us) around almost $30k/yr in employer contributions to health insurance and our HSA combined, music streaming subscription, and so on.
The benefits, the bonuses, the extras, they all add up and are all very company specific. I’m not saying you’re wrong by any stretch. But with the number of extra benefits, healthcare, and everything else that’s different from employer to employer, we are all just guessing.
What are signal loss models in this context?
The biggest recent cause of signal loss was Apple changing the rules for apps on their phone, but there are plenty of other causes.
The idea of a signal loss model is to identify ways to work around signal loss and still do a good job of making a decision with the data you have, when some of the data you were relying upon disappears suddenly.
But with more inputs and such.
From afar, it looks like Meta's leadership is a bunch of future thinkers who got told to cut today's costs, and it's not a well-practiced muscle for them.
I've been in a situation where a company was under pressure, was trying to make a big pivot, and there where multiple rounds of layoffs.
At one point I could only make sense of it by picturing a somewhat blind lumberjack getting an order that says "There's a forest that needs 15% of trees cut. Go cut." Good trees get get, bad trees get cut. Thankfully we are not trees and if we get cut we can move on. We don't die just because we got chopped down.
Having had some similar experiences to yours now, I don't believe there has to be strict logic behind the managerial decisions leading to big changes. That's not how they are made, and that happens more often and with more impact than we typically register in our own environment, as we are busy doing our specific tasks. I know that it can sound cynical but I think it correctly reflects the reality.
In one specific case from my previous work, I know from those present where the decisions were made, that a decision about hundreds of people working further of not on many running projects was made after one high manager left and the few remaining who were the only one deciding literally had a short talk: "OK, who wants to take over these, I won't, do you?", "no", "no", "me neither." "OK, then let's dismount all that." And so it went. And similarly, it's not that it was not profitable for the company, it was clearly documented. The decision of each of those involved was then explainable with "it didn't match our vision of where we want to concentrate our company's effort." It is sometimes as simple as that. The "high managers" so often score additional points whenever they decide that the company makes less of different stuff.
Steve Jobs was, of course, famous for abandoning different projects in Apple on his comeback, and it provably gave the results. But I also see the companies overnight losing the proficiency in some fields based on managerial decisions impulsively made, performing even worse later. I don't have any grand narrative based on these experiences to push, except to state my belief that sometimes the "reasons" are extremely simple and very, very mundane, to the point of causing huge disappointment to those who heard so many decisions presented as strictly a result of precise measurements and deliberations, who knew they did their best and were aware that "nothing was wrong."
It does leave one questioning why they correctly invested as much energy in what they did, and if they made right decisions during these times, from a newly obtained perspective.
"The PPL team in particular was at the point where we were regularly putting models into production that on net reduced costs by millions of dollars a year over the cost of the work"
1. No need to beat a man while he is down.
2. Based on a few verifiable claims the op has made, I’m guessing you are missing or willfully ignoring some of the big picture details. I might be wrong about this, but I would certainly bet 100 push ups on it.
A man who is still kicking isn't really down. No need to talk bad about a person who left silently, but anyone who kicks up a fuzz should expect people to respond if they disagree with the fuzz.
If this is all you are willing to say here, then there's no value to your contribution.
I would say at FB it's shockingly easy to find a 10 million dollar efficiency win if you're looking for one, and I certainly shipped multiple things in that range. This wasn't really the probability team's charter though so they wouldn't get fully rewarded for it.
The probability team had some genius engineers working hard on some very interesting long-term investments, but AFAIK they hadn't really shipped any of their core products so they were a good target for layoffs. I am shocked FB fired the engineers instead of just moving them around though...
I think that’s the critical word here. Perception is reality when it comes to these things. I have no idea but I’d assume decision makers do not perceive enough future value coming from this team to make it worth keeping them on. They could be wrong but no one will ever really know.
If I come in and cut the bottom line by $15 million, I'm amazing.
If I come in and fix a problem that was going to raise the bottom line by $15 million, I'm amazing for about five minutes and then forgotten.
Moreover, there are still a lot of decisions being made that are basically down to politics rather than engineering merit, or there were while I was there.
Scene from Youtube: https://youtu.be/9ZUw8LYOQ-g
Each person is required to "excel" along four axes, the two relevant ones for this story are likely "engineering excellence" and "impact"
* "Impact" means you made KPIs go up. Specifically KPIs relating to getting user eyeballs onto content / ads. Reducing costs, designing good systems, reducing developer friction all do not count towards your impact. * "Engineering excellence" is where every other aspect of being a good developer is lumped in. Saved the org $10mm? Sorry, no impact for you, just a point in engineering excellence.
Unfortunately, as you can probably guess "impact" is the weighted the highest when determining the value of an employee. I would guess Eric and his team fell afoul of this aspect of the internal political game at Meta.
The only rationalization is that Wall Street is punishing meta for spending too much on R&D related to VR and cutting costs to the bone is one way to appease the market gods.