90% of employees aren't getting laid off and continue to earn top of market pay. Even if you think layoffs are distributed randomly (they aren't), that has positive EV.
Positive EV for the employees vs. another company that pay less and has less lay-offs (assuming random)? I guess it depends on how much less pay the other company is...
> I guess it depends on how much less pay the other company is.
Levels.fyi is a reasonable starting point for comparison.
Because they offer an attractive job/package relative to other opportunities... same as any other job people take.
Making it 2-5 years there sounds like reasonable pile of money. And I don't think getting fired in one of these big layoff rounds is too big black mark.
I've not worked at Meta, but I was at a similar scale of company for 2 years before being let go. Once you factor in RSUs, they essentially paid double what I've ever made anywhere else. Knowing how volatile those sorts of positions can be, I just saved & invested all the extra, which worked out quite well.
Because in the current job market many job seekers will accept 1st offer after spending months looking for a job without any offers.
Facilitates legal immigration. At least that was my case (not at Meta thankfully).
I was offered $1.15m a year to work there back in 2022. That's why.
and you said no?
they interviewed me for a generic role and placed me on Reality Labs, and I had a hunch it would go down swiftly (org was decimated 9 months later) so I didn't go.