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A comment on Meta is about to start its next round of layoffs. Parent comment

Re:Meta is about to start its next round of layoffs by 1letterunixname on Tuesday April 18, 2023 @07:56PM (#35622229)
The public already knows: the headcount graph trended upwards and accelerated in recent years until recently.

I joke with people in another department that we're a poaching ground for TikTok. Mostly, I work with people who have been at the company many years and are senior production engineers, so I can't appreciate dotcom-style spending in non-engineering business units. For the same space, Alphabet has 10x headcount compared to us.

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Re:Meta is about to start its next round of layoffs by vineyardmike on Tuesday April 18, 2023 @11:28PM (#35623949)
Is this actually true though?

The data seems to suggest that for most companies the trend was constant, and they just reached a point where it was no longer economical, which was exacerbated by hiring freezes halting attrition.

https://stratechery.com/2023/tech-layoffs-big-techs-hiring-r...

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