On Meta’s Q1 2026 earnings call, CFO Susan Li said the quiet part out loud. “We recently shared internally that we plan to reduce the size of our employee base in May. We believe a leaner operating model will allow us to move more quickly while also helping to offset the substantial investments we are ... Mark Zuckerberg Just Told 8,000 Employees Their Layoffs Are a Line Item in His $145 Billion AI Bill
Good for you? 10000s of other people would.
FANG jobs are still highly desirable and prestigious.
Which is really the problem. They are using the Harley Davidson business model. Make something hard to aquire and people will perceive it as more valuable. They have a tough interview process, it demands skills that aren’t needed for the job. The job itself is just like any other large corp job. Lots of overhead, lots of bureaucracy. They do this because it keeps their pipeline of candidates full. But also because people who get hired will often feel like they were given a chance to prove themsleves or something. But in reality, very few people will know the difference between someone who was highly successful there and someone who was not.
And most of them have a lots of custom software that was developed in house. I interviewed a guy from AWS not long ago. Nice guy, clearly trapped in a shitty work environment. Been there long enough to be senior. Trouble is he had no experience or even exposure to the tools we needed. All he had was AWS experience. If he was less than senior, that would be fine, but for a senior roll, he needed to have somthing else. They do that to make it garder for people to leave.
In my mind, fang is a waste of talented people. With the skills needed to pass the interview, most could do a lot more somewhere smaller.
FANG? Facebook, Amazon, ???, Google.
Nabisco. Lots of fancy chips.
Or maybe Nvidia?
No, believe it or not it used to be Netflix because it was so high in the stock market value.
They also pioneered some pretty cool tech to support their streaming.
Not sure if this is a whoosh moment in that Netflix is on the decline, but, the N is Netflix 😄
They’re going to need to show us the strangest things they can find to stay relevant at this point!
MANG?
Well yeah I get that. But I wouldn’t trust them for stable employment when they make decisions like this. Of all the FANG jobs about the only one I would trust is Apple honestly.