<story><title>Meta reportedly plans more job cuts</title><url>https://www.engadget.com/meta-reportedly-plans-to-cut-more-jobs-171716224.html</url></story><parent_chain><item><author>ttyyzz</author><text>In our large company, we often had a consulting firm that advised us in difficult times. Bottom line, they said that they think the company needs to deeply breath out and then breathe in again. After the severance payments, we were always urgently looking for people.
For me, that was always proof that the managers had failed. But a disproportionately small number of managers had to leave the company.</text></item></parent_chain><comment><author>kypro</author><text>Sounds like your company had no idea why they were doing the lay offs so just go rid of workers lower down the chain while keeping their friends.&lt;p&gt;I&amp;#x27;ve seen the same thing happen in a large corp I&amp;#x27;ve worked for directed by the advice of McKinsey.&lt;p&gt;The funny thing in this case though was that it was Accenture which advised them to hire the engineering department two years prior to help with innovation. Then after a couple of years of building out the team they advised them fire the whole department and outsource it to cut costs. The only people who remained were managers.</text></comment>
<story><title>Meta reportedly plans more job cuts</title><url>https://www.engadget.com/meta-reportedly-plans-to-cut-more-jobs-171716224.html</url></story><parent_chain><item><author>ttyyzz</author><text>In our large company, we often had a consulting firm that advised us in difficult times. Bottom line, they said that they think the company needs to deeply breath out and then breathe in again. After the severance payments, we were always urgently looking for people.
For me, that was always proof that the managers had failed. But a disproportionately small number of managers had to leave the company.</text></item></parent_chain><comment><author>civicsquid</author><text>I have no idea what will happen, but it sort of sounded like (from the limited reporting that&amp;#x27;s been done) they&amp;#x27;ll focus a bit more on managers &amp;#x2F; non-ICs this time -- if it happens at all.&lt;p&gt;It is kind of nasty to think about the timing though. If true, they kept those managers around to do the very undesirable and time-consuming performance cycle (yearly review) work and will be letting them go now that the process has concluded.</text></comment>