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A comment on Meta Is Said to Plan Thousands More Layoffs as Soon as This Week. Parent comment

Re:Meta Is Said to Plan Thousands More Layoffs as Soon as Th... by JKCalhoun on Tuesday March 07, 2023 @08:43AM (#35055213)
While I agree with your sentiment, this is a nasty business, I would like to think we also all know the game now. Do people go to work at Facebook[1], Amazon, etc., expecting to still be working there long enough to see their kids graduate and go off to college?

[1] I'm still not going to call it "Meta" any more than I am going to call "Star Wars" "Star Wars IV: New Hope".

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Re:Meta Is Said to Plan Thousands More Layoffs as Soon as Th... by muro on Tuesday March 07, 2023 @11:08AM (#35056956)
> Do people go to work at Facebook[1], Amazon, etc., expecting to still be working there long enough to see their kids graduate and go off to college?

Sure, why not?

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Re:Meta Is Said to Plan Thousands More Layoffs as Soon as Th... by megaman8 on Tuesday March 07, 2023 @12:09PM (#35057883)
most people at these companies don't last very long. if you doubt that, just take a look at the average person's linkedIn or resume. You'll see the average tenure at a tech company is about 2 to 3 years.
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Re:Meta Is Said to Plan Thousands More Layoffs as Soon as Th... by muro on Tuesday March 07, 2023 @02:48PM (#35060217)
While many people do job-hopping because they might get more money etc., others value stability, short commute, a project they like, their colleagues and more money is not as enticing. Even others found a cushy job they don't want to lose - many reasons to stay.
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Re:Meta Is Said to Plan Thousands More Layoffs as Soon as Th... by blsapologist42 on Tuesday March 07, 2023 @04:25PM (#35061483)
Maybe in the boom times. Now with the market attrition rates are more in line with 6-10 yr stints.
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Re:Meta Is Said to Plan Thousands More Layoffs as Soon as Th... by shapefrog on Wednesday March 08, 2023 @02:57AM (#35066432)
The alternative for many would have been something closer to a startup. In the case of Oculus - employees probably did quite nicely out of the company being aquired by facebook (?).

I guess if you are working on greenfields tech - one should avoid the big tech co. You have no real ownership of the innovaton and nobody is going to come along and buy you out if it goes well.

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