'Too many employees, but few work': Pichai, Zuckerberg sound the alarm

Re:'Too many employees, but few work': Pichai, Zuckerberg so... by rajeshp1986 on Wednesday August 10, 2022 @03:46PM (#32417432)

What I noticed is it is not employee laziness but the FAANG companies have ton of dead weight in terms of future projects or project features which never get released. One of my co-workers was working on a feature which was shelved after working 2+ years on it. He lost motivation after that and coasted the rest of the time doing minimum work. I think FAANG companies have lot of PMs and top management who are as clueless and lazy as engineers.

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Re:'Too many employees, but few work': Pichai, Zuckerberg so... by wildrhythms on Wednesday August 10, 2022 @06:09PM (#32419053)

Let me guess- the management that ultimately nuked the project paraded it around to get promoted before moving to another org and doing the same thing?

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Re:'Too many employees, but few work': Pichai, Zuckerberg so... by faangiq on Wednesday August 10, 2022 @10:30PM (#32420891)

^This guy has worked at FAANG.

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Re:'Too many employees, but few work': Pichai, Zuckerberg so... by abdabab on Thursday August 11, 2022 @01:40AM (#32421986)

I think you meant, “This guy FAANGs”.

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Re:'Too many employees, but few work': Pichai, Zuckerberg so... by lazyasciiart on Wednesday August 10, 2022 @04:54PM (#32418310)

ah, yes...six years at MSFT, only one year working on code that eventually shipped

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Re:'Too many employees, but few work': Pichai, Zuckerberg so... by goodpoint on Wednesday August 10, 2022 @06:11PM (#32419071)

MSFT is hardly a FAANG

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Re:'Too many employees, but few work': Pichai, Zuckerberg so... by lazyasciiart on Wednesday August 10, 2022 @10:35PM (#32420911)

The acronym FAANG was made up/popularized by Jim Cramer, a TV finance guy, intended to be "these companies are going to DOMINATE tech with the BIGGEST MARKET CAPS". Today the market caps are (in billions) 479 (Meta), 2719 (Apple), 1450 (Amazon), 300 (Netflix), 1566 (Alphabet) + 2166 (MSFT). Cramer tried to make an updated version happen in 2021: (Meta, Apple, Microsoft, Amazon, Alphabet) because Netflix did not explode and Microsoft did not disappear in the way he had predicted.

So yes, IMO Microsoft sits pretty in the no-longer-accurate acronym FAANG.

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Re:'Too many employees, but few work': Pichai, Zuckerberg so... by Der_Einzige on Wednesday August 10, 2022 @06:57PM (#32419484)

Why? Their stock performs just as well, and they pay better than Amazon, better benefits, all with a reputation for legendary good WLB.

Amazon is hardly a FAANG

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Re:'Too many employees, but few work': Pichai, Zuckerberg so... by goodpoint on Thursday August 11, 2022 @01:59AM (#32422079)

I always understood FAANGS to be defined by their engineering culture and the innovative approach to problems, not just salary.

Hence the selection of companies.

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Re:'Too many employees, but few work': Pichai, Zuckerberg so... by ruraljuror on Wednesday August 10, 2022 @10:57PM (#32421037)

Better pay? Not for new hires. Most recent reports I have seen (blind, levels.fyi) and my own experiences have shown Amazon skyrocket to the top paying FAANG, with the first two years heavily skewed toward cash and backloading RSUs. I am surprised out of all the FAANGs you picked the generally lowest paying one as the counter example.

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