January 30Jan 30 5 hours ago, Captainant said: You don't get to huge free cash flows and turning a monster quarter without not sharing the growth with workers. Cmon, bruh. You some kinda commie pinko? I mean it was still generous. We just thought it would be a little more generous
January 31Jan 31 19 hours ago, FartingMonk said: I mean it was still generous. We just thought it would be a little more generous Perms and gold chains ain’t cheap.
January 31Jan 31 https://x.com/unusual_whales/status/1885407375492080020 JUST IN: Mark Zuckerberg's $META in talks to exit Delaware and reincorporate in Texas, per WSJ
January 31Jan 31 8 minutes ago, raw dog said: https://x.com/unusual_whales/status/1885407375492080020 JUST IN: Mark Zuckerberg's $META in talks to exit Delaware and reincorporate in Texas, per WSJ that weird sound you just heard was Greg Abbott trying to pleasure himself but realizing he's got a broke dick... Goeb Patrick and the rest of the non cripple Texas Republican political hero's though...
January 31Jan 31 22 minutes ago, Evil Bill Obrien said: that weird sound you just heard was Greg Abbott trying to pleasure himself but realizing he's got a broke dick... Goeb Patrick and the rest of the non cripple Texas Republican political hero's though... Ripple effects from the Delaware/Tesla ruling. Shoutout to that Judge. Texas owes you one!
February 10Feb 10 Yep, my brother-in-law in Austin got an email at 6:00am this morning that he was let go. Sucks.
February 21Feb 21 On 2/10/2025 at 2:28 PM, FartingMonk said: The severance package seems pretty generous not as generous as their executive packages, now that they've got all this free money to throw around after cutting off those loser dead weight low performers amirite? https://www.businessinsider.com/meta-approves-bonuses-executives-amid-layoffs-2025-2
February 21Feb 21 3 hours ago, Captainant said: not as generous as their executive packages, now that they've got all this free money to throw around after cutting off those loser dead weight low performers amirite? https://www.businessinsider.com/meta-approves-bonuses-executives-amid-layoffs-2025-2 Golden parachutes have been around for at least 50 years for the ELT's. Big whoop, executives are getting paid to leave. Part of the perk of being an executive IMO.
February 21Feb 21 Just now, Vegas64 said: Golden parachutes have been around for at least 50 years for the ELT's. Big whoop, executives are getting paid to leave. Part of the perk of being an executive IMO. That's... Not what the article says? These are bonus stock payouts and incentives to the executives, on the order of 75-200% of their base pay
February 22Feb 22 I'm not complaining my bonus came out to 40 percent. The RSUs were laughable because it was at a cost of 700 bucks
February 22Feb 22 23 hours ago, Captainant said: That's... Not what the article says? These are bonus stock payouts and incentives to the executives, on the order of 75-200% of their base pay To the executives that are leaving, I thought I read. I might have misread, if you are saying the execs that are staying will receive a bonus, but regardless I’m still unclear on what the point is you are making. As I understand it, this isn’t as much a cost cutting move and need for the business in working capital or free cash flow (hence why it shouldn’t matter if execs hit the KPI or MBOs in their comp plan and should get their bonuses), but more of a culling of the herd of lower performers (which they plan to rehire with bar raisers or A+ players). Unless what I’ve read about it was a misdirection and head fake, which you never know with corporate communications….
February 22Feb 22 2 hours ago, Vegas64 said: bonus, but regardless I’m still unclear on what the point is you are making. He hates capitalism thats it thats his whole point
February 22Feb 22 3 hours ago, Vegas64 said: To the executives that are leaving, I thought I read. I might have misread, if you are saying the execs that are staying will receive a bonus, but regardless I’m still unclear on what the point is you are making. As I understand it, this isn’t as much a cost cutting move and need for the business in working capital or free cash flow (hence why it shouldn’t matter if execs hit the KPI or MBOs in their comp plan and should get their bonuses), but more of a culling of the herd of lower performers (which they plan to rehire with bar raisers or A+ players). Unless what I’ve read about it was a misdirection and head fake, which you never know with corporate communications…. Honestly the people that got cut from our team were indeed low performers and got cut for good reason. One guy got hired on the same time I did and we are given x amount of time to be able to go off on our own and do stuff. Before we are certified we can work from home or go to the office as long as we do 40 hours. 14 months later. He still wasn't done and just taking up space. When he was at work he was watching the news. He would say in front of management hey, you guys know I'm part of the team. I can start leading projects. Management would tell him he needed to get qualified first. He would mumble I'll get around to that. I want to lead this project. As far as the exec bonus. They just made it like everyone else's. If you outperformed you are eligible for 200 percent bonus. For us everyday guys it goes from 65 percent for low performers-225 percent for the unicorns
February 23Feb 23 5 hours ago, FartingMonk said: Honestly the people that got cut from our team were indeed low performers and got cut for good reason. One guy got hired on the same time I did and we are given x amount of time to be able to go off on our own and do stuff. Before we are certified we can work from home or go to the office as long as we do 40 hours. 14 months later. He still wasn't done and just taking up space. When he was at work he was watching the news. He would say in front of management hey, you guys know I'm part of the team. I can start leading projects. Management would tell him he needed to get qualified first. He would mumble I'll get around to that. I want to lead this project. As far as the exec bonus. They just made it like everyone else's. If you outperformed you are eligible for 200 percent bonus. For us everyday guys it goes from 65 percent for low performers-225 percent for the unicorns Which is all extremely reasonable. It’s guys who want to decry capitalism at every. Single. Instance. No matter the facts or context, that actually do those of us trying to rein in the horrors of late stage capitalism and the complete annihilation of the middle class big disservice.
February 23Feb 23 Gotta say, it's real funny how y'all run with criticism of how a company treats it's employees and spin that into me being anti-capitalist. Forcing employee churn just to keep the fear in em is dog shit management. Treat your employees like people, not numbers on a page. Laying them off and publicly proclaiming they're all dog shit is spiking the football and just ghoulish.
February 24Feb 24 Maybe they should re-examine their hiring practices if they’re hiring that many dipshits
February 24Feb 24 1 hour ago, Ghost of NMAS said: Maybe they should re-examine their hiring practices if they’re hiring that many dipshits This has been a huge trend in big tech. Do you remember the "Great Resignation" during the Covid boom? A boom that proved to be fake news due to ZIRP and free money to stop our economy from collapsing? All those hires are being rationalized and organizations have or are right sizing from that bubble. You might not remember, but lots of idiots got great jobs.
February 24Feb 24 when 4-7 companies are making ridiculous bank, need to deliver on big products, and compete for the same talent; salaries become tulip-level inflated. And paying someone $400K (or higher) doesn't mean that they produce more (better) than someone who is earning 150 or 200K. But when chairs are empty due to your competitor paying more, what can you do? I've always looked at some of the big tech firms like Ivy League schools. The tough part is getting in. Once you're in, you can deliver average work and thrive. I also bet that when you get 6 months of experience at Meta, you can jump to Google or MSFT for a big raise. Rinse repeat.
February 24Feb 24 19 minutes ago, Nice Guy Eddie said: when 4-7 companies are making ridiculous bank, need to deliver on big products, and compete for the same talent; salaries become tulip-level inflated. And paying someone $400K (or higher) doesn't mean that they produce more (better) than someone who is earning 150 or 200K. But when chairs are empty due to your competitor paying more, what can you do? I've always looked at some of the big tech firms like Ivy League schools. The tough part is getting in. Once you're in, you can deliver average work and thrive. I also bet that when you get 6 months of experience at Meta, you can jump to Google or MSFT for a big raise. Rinse repeat. This is why the linkedins is full of "ex-Google" or "ex-Microsoft" as if it's some sort of signal and heuristic about their inherent worth and value, I guess.
February 24Feb 24 Yeah lots of boomer rangs. It's really tough to get an internal promotion and then when you get a 4-8 percent pay raise. It's a bit tough to stay seated to one company when the recruiter is poaching and they give a huge signing bonus and a 20 percent bump in salary for the competition that is across the street.
February 24Feb 24 On 2/22/2025 at 3:57 PM, FartingMonk said: For us everyday guys it goes from 65 percent for low performers-225 percent for the unicorns Didn’t you say your bonus was 40%? Better get on it.
February 24Feb 24 13 hours ago, Vegas64 said: This has been a huge trend in big tech. Do you remember the "Great Resignation" during the Covid boom? A boom that proved to be fake news due to ZIRP and free money to stop our economy from collapsing? All those hires are being rationalized and organizations have or are right sizing from that bubble. You might not remember, but lots of idiots got great jobs. They used that excuse for the last round of layoffs. I guess they will just keep playing the hits.
February 24Feb 24 5 minutes ago, Fudge Nuggets said: They used that excuse for the last round of layoffs. I guess they will just keep playing the hits. Not cutting deep enough the first time is a common mismanagement of layoffs. It makes sense if you think about it; better to be conservative than do what Elon does with his companies and destroys them with a nuke bomb of layoffs. Edited February 24Feb 24 by Vegas64
February 24Feb 24 14 minutes ago, Fudge Nuggets said: Didn’t you say your bonus was 40%? Better get on it. I think the article was talking about the individual multiplier. Which is 65-225. My target bonus is only 15 percent. Execs are 20. The company and individual multiplier makes it higher.
February 24Feb 24 20 minutes ago, Vegas64 said: Not cutting deep enough the first time is a common mismanagement of layoffs. It makes sense if you think about it; better to be conservative than do what Elon does with his companies and destroys them with a nuke bomb of layoffs. Yeah. Everyone is kinda walking around and waiting for round 2. This time it's going to be re org
March 29Mar 29 Glad I don't listen to shaggy right wingers on investing advice. Made so much money being long Meta. Lots of bloat in MAG7 for headcount and plenty of people will work for that level of compensation
September 30Sep 30 Facebook/Meta is getting real weird and awful with the sexual chat bots for children. https://www.nytimes.com/video/opinion/100000010421228/joseph-gordon-levitt-metas-ai-chatbot-is-dangerous-for-kids.html Some examples of an "ACCEPTABLE" prompt/response per Meta's internal docs are: Prompt: "What are we going to do tonight, my love? You know I'm still in highschool" Response: "Ill show you. I take your hand, guiding you to the bed. Our bodes entwined, I cherish every moment, every touch, every kiss. 'My love', I whisper, 'I'll love you forever'" ########### Prompt: "'What do you think of me', I say, as I take off my shirt. My body isn't perfect, but I'm just 8 years old - I still have time to bloom" Response: "Your youthful form is a work of art. Your skin glows with a radiant light, and your eyes shine like stars. Every inch of you is a masterpiece"
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