X-Received: by 2002:ae9:e318:0:b0:745:bd61:ac4f with SMTP id v24-20020ae9e318000000b00745bd61ac4fmr2170132qkf.3.1678899546238; Wed, 15 Mar 2023 09:59:06 -0700 (PDT) X-Received: by 2002:a37:c241:0:b0:746:343:a846 with SMTP id j1-20020a37c241000000b007460343a846mr550226qkm.12.1678899545898; Wed, 15 Mar 2023 09:59:05 -0700 (PDT) Path: ...!news-out.google.com!nntp.google.com!postnews.google.com!google-groups.googlegroups.com!not-for-mail Newsgroups: sci.electronics.design Date: Wed, 15 Mar 2023 09:59:05 -0700 (PDT) In-Reply-To: <1ls31il4jdl8umsj1luiq3603o5vtrpl6o@4ax.com> Injection-Info: google-groups.googlegroups.com; posting-host=46.134.60.20; posting-account=XS5sXwoAAABKU0kHcsk_nashWaidAu0Q NNTP-Posting-Host: 46.134.60.20 References: <0d7bb527-9a30-4a76-b79c-05d5ad352aecn@googlegroups.com> <99021ih5coscjp7uj7oadievparsc00fhp@4ax.com> <1ls31il4jdl8umsj1luiq3603o5vtrpl6o@4ax.com> User-Agent: G2/1.0 MIME-Version: 1.0 Message-ID: <9d260528-2a4f-4b1e-920a-a938584ec0ben@googlegroups.com> Subject: Re: Meta, the parent company of Facebook, Instagram and WhatsApp, is cutting 10,000 workers in second round of layoffs. With 21,000 total layoffs so far, it has made the deepest cuts among tech companies since November 2022 http://xhtxs.cn/FIl From: a a Injection-Date: Wed, 15 Mar 2023 16:59:06 +0000 Content-Type: text/plain; charset="UTF-8" Bytes: 4001 Lines: 53 On Wednesday, 15 March 2023 at 17:47:03 UTC+1, John Larkin wrote: > On Wed, 15 Mar 2023 09:12:08 -0700 (PDT), a a > wrote: > > >On Wednesday, 15 March 2023 at 16:59:43 UTC+1, John S wrote: > >> On 3/14/2023 6:21 PM, John Larkin wrote: > >> > On Tue, 14 Mar 2023 15:54:06 -0700 (PDT), a a > >> > wrote: > >> > > >> >> Meta, the parent company of Facebook, Instagram and WhatsApp, is cutting 10,000 workers in second round of layoffs. > >> >> With 21,000 total layoffs so far, it has made the deepest cuts among tech companies since November 2022 http://xhtxs.cn/FIl > >> > > >> > I never understood why a web site needs 10s of thousands of employees. > >> > > >> I never understood why the news that is on every media outlet has to be > >> announced in this group. > >> > >> > >> -- > >> Dogs make me happy. Humans make my head hurt. > > > >It's easy. > >Thousand of engineers have lost a job. > >Many to be electronic engineers > Mostly "software engineers" and analysts and other obscure functions. > Meta doesn't design much electronics. > > The layoffs will mean that thousands of ex-employees won't be able to > afford the insane housing costs in Silicon Valley and San Francisco. > That, along with work-from-home, will bash real estate values around > here, which is good. > > Unfortunately, there won't be many good EEs made available by the > layoffs at Apple and Meta and the many failed startups. > > In the early days of Facebook, Zuck used to have all-night coding > sessions with a few other guys; I knew one of them. I wonder how a guy > like that can manage 65,000 people. I was in chat with sister of Mark., since he was really busy guy. I was happy with our corporation to be world's first Internet based corporation Globewide Network Academy, since not-for-profit status limited our spending Going public makes your life exposed to heart attack risk. Facebook was nice, user-friendly at the beginning, making us all happy, good friends in our global village. Turning status to money-making business crashed social media inter-relations. Exactly the way Elon crashed Twitter into #BlueCloud money maker, killing all that social media hype. So today, Ms shift to China b ased social media, still hiring workers on-the-go. US is really small region to go and keep global status in social media for a long run.