Meta entlässt Mitarbeiter bei WhatsApp, Instagram und anderen

Another day, another company, & another set of layoffs 😔.

When I was complaining about some people on my team who had to be really really pushed on my team to do any work at all, an exec at one major tech company recently told me he believes he could cut up to a quarter of their employees based on performance with minimal impact as long as they could hire a few additional good people to take over their work. It was kind of eye opening, and shows higher ups are thinking about massive cuts. My guess is there aren’t more of them right now due to regulations and legal considerations of cutting people solely on performance.

Of course they have to figure out some way to juice the profits before earnings.