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This is the, "I fucked up and I'm going to have cut people, but I'm going to blame the people getting cut because I'm a shit human being" speech. It's never a g
by cs137 4y ago
This is the, "I fucked up and I'm going to have cut people, but I'm going to blame the people getting cut because I'm a shit human being" speech. It's never a good sign.
- kypro 4y agoNot really. Business cycles exist and advertisement is extremely cyclical. Labour demand isn't fixed. Sometimes you have to cut not because you over hired, but because economic conditions change and this seems to be what's happening in regards to Facebook. I don't think he's blaming anyone either. The fact he's acknowledging there are probably people working at FB who shouldn't be suggests you're wrong and that for years FB has kept people despite it not being the company's best interests. Tbh I wish all companies were honest about why they're cutting back. I know I've been given BS reasons for being cut before and I've also been given no notice or warning. This seems relatively honest and direct in comparison. Those providing value will be fine, those who are not will be let go - isn't this how employment should function?
- fleetwoodsnack 4y agoReturning to contract law; the employment agreement is a contract engaged by two or more parties to exchange labor for money (or a basket of financial incentives including money, in part). In virtually every instance, Meta proffered the employment contract and its provisions, vetted the counter party, and gave assent to enter into contract. Arguably, “there are probably a bunch of people at the company who shouldn't be here,” and their intent to “turn up the heat,” represents a failure of Meta to conduct proper due diligence when entering into contract, and a modification of the provisions of employment after-the-fact. In most instances these would be considered organizational failures. Your reference to the business cycle and other delicate economic terms are not the explanatory variables, not even to Meta themselves.
- DisjointedHunt 4y agoYeah, i really don't understand the point he thinks he was making. These companies spend BILLIONS on employee benefits to take away the noise of "real life". You CAN NOT attract top tier talent easily to a dumpster fire and they know this. You can't be giving away free food, ice cream, no performance reviews for two years during the pandemic and shipping 10s of thousands of office equipment to each individual employees homes for two years during the pandemic, continue to approve aggressive hiring plans and laying out $10 Billion dollar outlays for the fucking Metaverse and then turn around and say to the employees you hired that "You guys suck" I would just call it childish, but this asshole deserves no benefit of doubt. It's downright disgusting.
- edmundsauto 4y ago> represents a failure of Meta to conduct proper due diligence when entering into contract, and a modification of the provisions of employment after-the-fact. People change, employ motivation levels wane, especially when a chunk of your employees are millionaires. Lots of folks who want to rest and vest- this announcement is aimed at getting those people to fire back up to higher productivity, or to take a different job they are passionate about.
- fleetwoodsnack 4y agoUnderstood, but why is that relevant to my comment?