Sadly true. Zuck did the same. I haven't looked into Google or Microsoft's severance plans, but I was impressed by the support Meta offered at the time—that's something, at least. Still, it's hard to read those statements of responsibility as honest instead of PR.
Big tech over-hires when the market is good because they bet on being able to keep paying everyone and the additional costs are worth the possibility of some of those folks starting the next cash-cow projects. It's part of the game.
Nobody tells you when you are hired: If it comes to your or the company, we'll fire you without second thoughts, but that's how it is.
> Both CEOs take “responsibility”. Empty words.
Sadly true. Zuck did the same. I haven't looked into Google or Microsoft's severance plans, but I was impressed by the support Meta offered at the time—that's something, at least. Still, it's hard to read those statements of responsibility as honest instead of PR.
Big tech over-hires when the market is good because they bet on being able to keep paying everyone and the additional costs are worth the possibility of some of those folks starting the next cash-cow projects. It's part of the game.
Nobody tells you when you are hired: If it comes to your or the company, we'll fire you without second thoughts, but that's how it is.