Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
dustedcodes
on Nov 9, 2022
|
parent
|
context
|
favorite
| on:
Meta lays off 11,000 people
Did they hire 11k people during the pandemic? If not then the given reason for the layoffs are clearly not the full story.
justapassenger
on Nov 9, 2022
|
next
[–]
They hired way more than that.
somedude895
on Nov 9, 2022
|
prev
|
next
[–]
They give two reasons:
- Hiring spree during Covid
- Economic slowdown, eg lower ad spends
habibur
on Nov 9, 2022
|
prev
[–]
Head count had been around 40k in 2019.
dustedcodes
on Nov 9, 2022
|
parent
[–]
Wow so they increased their head count by more than double? How do you even onboard 44.6k people in 3 years? No wonder that they weren't very productive.
nappy-doo
on Nov 9, 2022
|
root
|
parent
[–]
Pedantically, it's more than that as there's replacement too.
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
