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AbbeFaria 9 hours ago

There are a sizeable number of Meta employees that have jobs due to Zuck’s sheer generosity and the fact that he cares about his public image and laying them off in service of Meta’s bottom line won’t look good.

Elon firing half of Twitter just normalized layoffs to such an extent that it’s considered par for the course now, of course macroeconomic conditions have changed but layoffs were always a bit taboo in tech.

To all the sheep at Meta who weren’t sacrificed because Zuck thought it would look too bad on him, how do you know your game is up at Meta ?

softwaredoug 8 hours ago | parent | next [-]

The Elon X layoffs are instructive in the difference between Twitter run as a public company vs as private (or buried in another company's balance sheet)

In a public company, you need financial growth. You need 75% of employees to be developing towards a promising new future. In a private company, with no real growth goals, you can get by with 25% and keep things running and basically the same.

You can argue whether Twitter's extra 75% actually was effective at driving growth the stock market likes, but its hard to argue against needing more staff to drive at least a perception that investments are happening in bold new product directions.

HDThoreaun 4 hours ago | parent [-]

Twitter had 0 product growth for like a decade before elon tookover. If 75% of their staff was working on product growth it's hard to say they didnt deserve to be laid off.

kamaal 9 hours ago | parent | prev [-]

>>Elon firing half of Twitter just normalized layoffs to such an extent that it’s considered par for the course now

The site was broken for eternity after that, but people continued to use it as it was the only source of real time news. In many ways its not the old Twitter at all.

Now the head counts dont even matter because its all agents writing the code, reviewing the code, and deploying the code.