Mass Layoffs and Absentee Bosses Create a Morale Crisis at Meta

Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by mettamage on Wednesday April 12, 2023 @07:59AM (#35538261)

To be fair, when Facebook was created there was no data either. Data can be useful but I have yet to hear a story where data played a pivotal role in creating a successful startup

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by decafninja on Wednesday April 12, 2023 @08:11AM (#35538378)

But when Facebook was created, they were a scrappy little startup with nothing to lose.

The Facebook of 2023 is not a scrappy little startup with nothing to lose.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by threeseed on Wednesday April 12, 2023 @08:19AM (#35538460)

But remember Zuckerberg will always be rich and is not able to be fired.

So he can sure act like he has nothing to lose.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by johngalt_ on Wednesday April 12, 2023 @08:36AM (#35538651)

Well most of his money is in Facebook stocks so he has plenty to lose.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by ghaff on Wednesday April 12, 2023 @09:20AM (#35539186)

And he'll still have more money than he knows what to do with assuming just about any level of sensible diversification.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by gowld on Wednesday April 12, 2023 @12:39PM (#35542518)

or if he never disversifies at all, and FB loses 99% of its value, he'll still have more money than he can spend in a lifetime.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by ulfw on Wednesday April 12, 2023 @11:36AM (#35541526)

He can just fire tens of thousands more people and his wealth will go up. As it has. META is up a whooping 72% since 1 January. That's a shit ton of wealth creation for him while his employees who helped build the company for him are losing their livelihoods.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by baremetal on Wednesday April 12, 2023 @08:10AM (#35538371)

There was indeed data when facebook started.

It was called myspace.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by pessimizer on Wednesday April 12, 2023 @08:50AM (#35538811)

And friendster.

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Re:Mass Layoffs and Absentee Bosses Create a Morale Crisis a... by minsc_and_boo on Wednesday April 12, 2023 @12:39PM (#35542531)

Hot or Not was a popular site, and Facebook was created to be that but exclusively for college students. It was called Facemash.

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