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37 Kommentare
Peak trickle down economics!
They know these severed employees + others would come back grovelling for the job if they need them.
This perfectly shows why software engineers also need unions. As long as immigrants are available to hire for cheap, that won’t be a possibility.
Some of the top executives rewarded were probably directly involved in deciding the 700 employees to lay off. I hope the executives don’t sleep well.
Stock grants of nearly a billion sound insane, like surely that’s just wasting money at that point? I get that Zuckerberg himself is paid basically nothing but Meta has multiple non-CEO execs making way more than what the CEOs of Google, Apple, Amazon, Microsoft are all making??
Fuck. Them. All.
Eat the billionaires. And the executives.
Same as it ever was.
this is a thing that happens all the time and I’m glad people are waking up to it, which is why I find it crazy that the poor defend this kind of thing like these guys pay their bills
Those engineers at Anthropic need to come out with Claude Manager / Director asap . They release new features at a blazing pace.
In a move that surprised no one…
So just another normal business day
Its hard laying people off. Those guys earned every penny!
Software engineers are too rugged individualist to unionize. Instead they get picked off piece by piece. Remember, apes together strong.
It’s like private equity…grabbing up assets before shitting the bed. They know it’s the beginning of the end. 2 verdicts against them in as many days. Big tech is about to go the way of big tobacco.
Something tells me they’d be better off in the long term minus a Zuck.
Top Executives known as Zuck and his clones
Remember when they were job creators who would take away all the jobs unless we gave them massive tax breaks ?
They create joblessness; people struggle to survive especially once your pay range is so high you feel let down if you don’t get the same compensation. Offer a job when they want to re-exploit and the cycle repeats.
The more they layoff, the bigger the profits is. The mental of American corporation is totally wrong. Why don’t we make firing those executives who hire employees first in the first place and layoff employees later. Of course, greedy wallstreet investors are happy about the layoff with hope company will make a lot of profit and cheers them on and compensate them.
You’ll have to forgive me if I’m not particularly moved by the plight of people who chose to work for an organization like Meta. F them and Meta as well.
It’s insane to me that meta is as successful as it is considering Fuckerberg hasn’t done a single thing since Facebook, which was apparently not even his idea. Truly one of the greatest failing upwards stories of all time.
If I disapprove of what Meta did, am I supposed to upvote or downvote this?
Big news for the unemployed
Criminal behavior.
The same guys having the great ideas/s
How many of these execs were involved in the Metaverse?
Seems to me people who waste $80 billion on a product nobody wants and which is eventually shuttered don’t deserve bonuses!
“Hey we lost a lawsuit so let’s fire the people who didn’t make those decisions while rewarding those who did!”
Fuck them. Seriously. Ruining other people’s lives for their enrichment is nothing but a sport for them. I genuinely hope they all rot. It’s way fucking past time to rebel.
Of course! Wouldn’t be Meta otherwise!
(Insert company name here) lays off workforce while rewarding top execs. News at 5.
they don’t need the people who did work related to their sad rebranding attempt
Keeping the useless ones that adds nothing to a company while ditching the essential ones is in character of a corporation.
I mean, most people in here knew that their big investments in VR were a dud back in the day, so it’s not surprising those portions of Meta are getting shut
I mean how else are we supposed to keep up the illusion that executives are useful. if we don’t give them extreme amounts of money mostly made by other people.
And today is another day that ends in “y”
Before you have layoffs you have to terminate H1B visa workers and laying people off prohibits you from hiring H1Bs or using contracting firms that offshore labor.
Capitalism only works if there are products to sell to customers. No workers, no money, no company, no product.
So.. what pretty much every company is doing with their tech workforce and executives lately.