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82% of Staffers Believe More Could Have Been Done to Prevent Current Layoffs

Altszn.com by Altszn.com
November 16, 2022
in Metaverse, Web3
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82% of Staffers Believe More Could Have Been Done to Prevent Current Layoffs
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Avoid Layoffs - Blind 2022-11 (1)

We saw Twitter employees’ opinion of the company in the Elon Musk era last week, now here’s a survey of Meta employees taken as the social media giant started laying off thousands of its own staff. Courtesy of Blind, the anonymous messaging app, this survey reflects the opinion of 1,179 verified Meta professionals in the U.S., and was taken between November 10 to 11, with a reported 4% margin of error.

The most striking answer is above: 82% of Meta staffers believe more could have been done last year to avoid the layoffs rolling out now. The way the question is phrased, this probably reflects at least some Meta employees blaming the company for spending many billions on making its metaverse platform. We saw a similar sentiment in anonymous Blind comments by Meta employees recently reported by Business Insider:

“The Metaverse will be our slow death,” one user, who called themselves a senior software developer, posted on Wednesday. They added: “Mark Zuckerberg will single-handedly kill a company with the meta-verse.” 

Zuckerberg apologized to staff for the need to cut 11,000 jobs, admitting that he “got this wrong”.

In fairness, Meta’s recent woes are more directly attributable to Apple’s recent policy shifts which hurt advertising revenue collected via Facebook’s iPhone, but Meta spending some $36 billion on metaverse-related technology is still a massive opportunity cost. 

Related to that, compare and contrast Meta employees’ opinion of the company, versus Twitter employees:





Read More: nwn.blogs.com

Tags: Blind appcurrentlayoffsMetaverseNew World NotespreventRec RoomRobloxSecond LifeSinespaceSLSL FlickrstafferssteamUnity 3Dvirtual currencyVirtual worldVRChat
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