saos

> In our Year of Efficiency, we will make our organization flatter by removing multiple layers of management. As part of this, we will ask many managers to become individual contributors.

So basically more rounds of layoffs to come?

> This analysis also shows that engineers earlier in their career perform better on average when they work in-person with teammates at least three days a week.

Sounds like they pulling the plug on remote work

Has Meta been found out as a company?

I still wouldnt use it

How bad is this for wide economy? I’m scared.

I’m seriously surprised by this. It’s wayyy better than Siri.

This is the best news! Maybe Adobe should improve XD

> “I obviously can’t sit here and promise you that nothing will happen in the future because it’s a very volatile environment,

is the the problem for Meta cuts in advertising and privacy implementation triggered by Apple?

> letting companies like Databricks die a slow painful death because they create toxic environments and all their programmers keep quitting is the solution.

True, these places eventually fall away, whether it takes 2,4,6 10+ years. They eventually perish.

> that I should watch out because there are lots of lay offs happening.

As expected. They will all attempt to drive down salaries. It will probably work

Thats a fair assessment from the the CEO. People can just ignore messages on Slack.

It was always going to be hybrid working. It was always three days for me pre-lockdown and happy to go back to that.

Good luck to anyone planning to leave because most companies copy big tech anyways

Same, apparently it was back in 2021. I'm surprised

> Consequently, the IT rental biz intends to prioritize global hiring in places like Pakistan and Mexico where relevant talent is available, and works for low wages compared to folks in some other nations.

Is what every tech company ends up doing. Wonder about the type of problems that will arise.

> Do they reach out to your personal email, call you, send you a letter?

Personal email, phone and letter.

> My point is, layoffs will continue until companies are much more efficient, or interest rates go down.

Exactly what the FED wanted.

Didn't know they were public company

Basically a way to layoff staff.

whats wrong with that?

> In a letter to employees, Benioff blamed the layoffs on the company hiring too many people during the pandemic as "revenue accelerated," and took "responsibility" for hiring people leading into the current "economic downturn."

Or that companies have sussed out better competing products?

How many cuts will these guys be making :/

Thanks

> without realizing that the link shared by OP is from techcrunch.com, a Yahoo.com property

I had no idea lol

I wonder what roles they are cutting.

Amazing news. I hope they stick with that decision

I don't have anything against bootcamp but I see common pattern:

1. They are in it for money 2. They are in it for the lifestyle 3. They suffer big on by imposter syndrome

The programmers I've worked with over the years were just passionate about programming and thats why they entered the field. They spend years refining the craft. But, now it has drastically changed. The next generation what it "now". Everything "now". They want to buy a home "now". They want new shows "now".

Yeah I always thought manager should also be able to do the job. But that seems to have changed these last few years.

Its the bootcamps that worry me and the endless YouTubers preaching how they became a so and so after 3 months.

But yeah nothing is secure.

> Within 24 months, Zoom grew 3x in size to manage this demand while enabling continued innovation.

Insane

supply chain issues. They'll be fine. I hope they do not layoff any employee

Its interesting issue actually.

The higher your band the higher your paycut. Thats responsible actually.

Perhaps it will be temporary until they pick backup again

shareholder > employees.

> macro-economic environment

Sick of seeing these words

I’m curious to know what roles they are cutting