Re:Meta lays off 11,000 people
by jbaczuk on Wednesday November 09, 2022 @12:22PM
(#33534812)
Wow, people can find a way to complain about anything. The severance benefits are insanely generous. Nobody takes a job thinking that it will be permanent, or is that a thing now? Would it have been better if he blamed the layoffs on the market? Maybe it's just a glass half empty kind of thing.
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> Nobody takes a job thinking that it will be permanent, or is that a thing now?
Does everybody take a job expecting to leave it? I don't think that is the case.
Re:Meta lays off 11,000 people
by drc500free on Wednesday November 09, 2022 @03:12PM
(#33537187)
Everyone in tech whose job is a bet on the future success of a product should expect to leave it. Expecting 100% of products to have 100% success in 100% of economic environments is a bit naïve.
Just to point out Facebook is a success and is still making insane profits every single day.
They aren't losing money or posting losses.
The employees don't have control of the company, and they agreed to not have control when they signed on. If they want to control, they are free to start their own company, invest capital to get more voting rights or provide enough value that the company wants their input enough to give them voting rights. Also, just getting another job is an option... But I admire what seems to be a very generous severance package, which is not legally required on the part of Meta.