Meta targets May 20 for first wave of layoffs; additional cuts later in 2026
reuters.comBig side effect of these layoffs is that new talent is reluctant to join, even for more pay.
Stability is going to come at a large non-monetary premium these days
Lot of disagreement on this, but I agree. Sure there are lots of hungry juniors wanting to join but the experienced talent Meta really needs will avoid this company. I work here and the good people leave to places with better cultures.
I doubt it. There’s a very hungry work force ready to take any job available.
The cold truth is, there no such thing as "stability" in any job, as long as change exists in the market.
We need to stop treating jobs like a day-care because they are not. (Unless you are at Nvidia or Apple)
The fixes are unionization (solidarity) and forming worker-owned co-ops that emphasize stability, workplace decency, and fairness in TC. There can never be stability working for a corporation, only parasocial delusions of such. Worker-owned co-ops can be very lucrative and extremely competitive to join with very low turnover too... about the only downside is they don't scale to very large organizations* that should instead find and promote similar organizations to partner with on things.
* Which may not be ”bad" if one thinks like Richard Branson did on keeping organizations small, efficient, and nimble.
As your parents about stability. It's not a foreign concept. We just let America throw its labor away.
Layoffs have been the norm for the past four years. I don’t know if anyone who is looking at the job market really takes in stability seriously at this point.
H1b don’t care, they will take the jobs
The playbook for minimal morale: round-after-round of haphazard layoffs, reorgs, and rebrands demonstrating leadership is clueless and doesn't care about workers whereas the traditional, sensible layoff strategy was "cut once deep."
Top talent will never want to work for Meta regardless of TC.
Meta behaves like a power grid. It can bring online or take offline a whole bunch of power plants and no one will notice anything.