Barron’s in one of its last issues of 2022 predicted that the New Year would not be happy for everybody in the technology sector.
After that, The Wall Street Journal in a succession of stories of 2023 informed the readers about the cut of jobs in Microsoft, Google and also Facebook.
Today – February 18, 2023 – in a very exclusive story, the WSJ posted a research of two of its journalists that starts “Facebook Parent Meta Gives Thousands of Workers Subpar Reviews. The performance ratings may signal more job cuts are on the way.”
"Facebook parent Meta Platforms Inc. META 0.26%increase; green up pointing triangle gave thousands of employees subpar ratings in a recently concluded round of performance reviews, a signal that more job cuts may be on the way, people familiar with the matter said. // The company also cut a bonus metric, the people said, one of several steps senior executives are taking after Chief Executive Mark Zuckerberg declared 2023 would be a “year of efficiency.” "
From my experience in the technology industry, I can add that periodically, the tech companies hire a lot of employees, but they don’t maintain these workers for a long time. They don’t keep their soldiers in combat positions when they don’t need them for an immediate battle. They are not government institutions that guarantee a salary for everybody until the retirement day.
About this subject, this was my comment posted today in the blogger section of WSJ Online:
“Big tech corporations don't want to feed huge crowds of people who only look for the tech panacea.”
And the frequent cutting of heads in the big tech corporations is not new.
They are the risk that the newcomers of the technology industry have to assume from the first day of work.
SOURCES: The Wall Street Journal, Barron’s
Saturday, February 18, 2023
RETHINKING - FEBRUARY 18, 2023 - CUT OF HEADS IN FACEBOOK
Sunday, February 12, 2023
WSJ BLOG COMMENTS - FEBRUARY 12TH, 2023
WSJ BLOG COMMENTS:
Domingo Trassens
Posted 13.9K
Liked 11.4K
Probably, you are right, However, I think that from long time the Chinese are spying our territory, also using the "university Chinese students" that come to the American universities across all the country.
President Biden was rethinking his previous wrong decision, and now he is trying to act in a better way.
Interesting question!
This is a poem, but the Chinese balloons are not a poem.
No strange object has to fly American territory. One after another, the military has to shoot down them.
While the current administration maintains opened the southern border of the country without stop the crowds' illegal immigrants and doesn't protect our territory from a Chinese spy balloon, we cannot talk of effective successes of the
Till now, we don't know all the truth about this balloon and probably we will never know. The key issue is showing the vulnerability of the American territory in front of a possible Chinese aggression.
I am sure that Chinese don't have interest to make a tour of the Yellowstone by balloon.
Always there are companies from third countries that provide critical supplies to the enemy. This is not new..
You are completely right. This is not a royalty. "Everyone is equal under the law."
Till now, we don't know the effect of the Facebook's decision in the long time....
Michelle Obama was only a First Lady. She doesn't have a political career.
Now, it is not easy to find political figures in the West like the men that rebuilt the world after WWII.
I did not refer to Mr. Trump in this opportunity, I said that "Great figures of the politics are submerged in the swamp".
For Poland, to support Ukraine means to prepare its own defense from the common enemy. If Russia is successful in Ukraine, it will try to provoke Warsaw,
Germany doesn't want to enter in a direct confrontation with Mr. Putin.
It is interesting to know about domestic samples of the Chinese projects.
In all his wars, President Putin targets civilian infrastructures. This is nothing new.
George Santos fits in a "prototype" that has more samples across the government institutions.
Microsoft is cutting 10,000, Google is cutting 12,000. Who will be the next?
For my point of view, the illegal immigrants have to be deported. No more amnesty.
The French have to be realistic.
Ukraine is not part of the American territory. And till now, the Ukraine's war is very costly for the United States. Meanwhile, the results of the effort are uncertain.
But the reality is that Kamala Harris doesn't care about this mess.
I believe the antimissile weapons are the first urgency.
I agree with your observation. This girl has not experience about the real world. The best is that she returns to her country instead of generating protests in Germany.
The racism will never end. because it is a business for the minority classes.
Russia has a long genocide's history.
Regardless of fighting against poverty and hunger, we have to strengthen the defense sector of our country in a serious way.
Regardless of the extradition treaty between the United States and Brazil, in this case, the U.S. government has to try to stay outside the side of Brazilian domestic issues.
We cannot like Lula, but we must respect a democracy system.
Till now, we don't know the total price of the Kevin McCarthy's victory.