BO definitely does layoffs, and is run just as awfully as Amazon (look who the CEO of BO is as of 2024). Doesn’t matter if you’re in an office or on the manufacturing floor, the hours and demands are terrible there. Everyone I know that has worked there echoed the same problems that Amazon had.
On the last earnings call Zuck empathized how much revenue is being allocated to salaries and RSUs. I take those types of comments during earnings calls to be signals to investors that cuts will be coming to bring expenses down by the next quarter. How many rounds between earnings is speculation, but you know at at least one big one.
A friend who works in a growing division within Meta also said last week they are re-orging again.. this time flattening out everything and making first level SDMs go back to IC. It’s always been a cut throat final-stage capitalism place to work. Nothing they do should be surprising.
My company doesn’t enforce AI usage but for those who choose to use it, every month they highlight the biggest users. It’s always non-tech people who absolutely don’t understand how LLMs work and just run a single chat for as long as possible before our system cuts them off and forces them into a new chat context.
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