Re:Meta lays off 11,000 people
by chasd00 on Wednesday November 09, 2022 @11:40AM
(#33534124)
He's lost a lot but it's not like he's having to ask his wife to stop going out to lunch with her friends. There's a level of wealth where the numbers just stop having any real meaning. $1B is still multiple lifetimes of the most decadent luxury currently possible.
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> He's lost a lot but it's not like he's having to ask his wife to stop going out to lunch with her friends
Fairly sure that none of the FB employees are paid so low where they have to stop asking their spouses to go on a $20 lunch with friends.
They do have to be concerned about where the money is going to come from to pay their mortgages when severance runs out. They got laid off into an environment where layoffs at companies they might have worked at before are reducing headcount.
Not saying they shouldn't have saved for a rainy day. This is a scary time to be laid off.
Re:Meta lays off 11,000 people
by SoftTalker on Wednesday November 09, 2022 @04:16PM
(#33537958)
$20 lunch. Must be nice. I don't spend that on myself --- ever. My target for lunch (if I don't pack it myself) is $5. That used to be pretty easy but getting harder these days.
Re:Meta lays off 11,000 people
by datavirtue on Wednesday November 09, 2022 @07:48PM
(#33540600)
Unless they just got burnt on their RSUs. I'm sure a good portion paid the tax already and are now getting hosed.
Re:Meta lays off 11,000 people
by ForHackernews on Wednesday November 09, 2022 @01:51PM
(#33536173)
> the most decadent luxury currently possible.
Hey now, if he only has $38B that means he can't afford to buy Twitter until Elon finishes destroying it.
Re:Meta lays off 11,000 people
by underwater on Wednesday November 09, 2022 @03:58PM
(#33537729)
His wife is a pediatrician. She can pay her own way.