The Wall Street Journal is reporting that Facebook’s parent company, Meta, is planning to lay off people after the midterm election next week. Meta has lost 70% of its stock value after announcing poor user engagement and financial support last week while investors fled to the exits.
In the big picture, those companies who were ideologically aligned with the Biden administration’s larger political efforts will all likely start announcing layoffs soon. There’s a better than reasonable likelihood some companies have deferred layoff announcements in an effort to help the employment stats for the Biden Administration.
(Via Wall Street Journal) – […] The layoffs are expected to affect many thousands of employees and an announcement is planned to come as soon as Wednesday, according to the people. Meta reported more than 87,000 employees at the end of September. Company officials already told employees to cancel nonessential travel beginning this week, the people said.
The planned layoffs would be the first broad head-count reductions to occur in the company’s 18-year history. While smaller on a percentage basis than the cuts at Twitter Inc. this past week, which hit about half of that company’s staff, the number of Meta employees expected to lose their jobs could be the largest to date at a major technology corporation in a year that has seen a tech-industry retrenchment.
The cuts expected to be announced this week follow several months of more targeted staffing reductions in which employees were managed out or saw their roles eliminated.
“Realistically, there are probably a bunch of people at the company who shouldn’t be here,” Mr. Zuckerberg told employees at a companywide meeting at the end of June. (read more)
‘There’s a better than reasonable likelihood some companies have deferred layoff announcements in an effort to help the employment stats for the Biden Administration.’ – Sundance
Not something you’re going to read in the New York Slimes. But entirely plausible.
I’d like to see ZeroHedge pick this up.
SD is smarter than your average bear and using understatement here.
Zero Hedge concluded BLS is cooking the books. People are laid off from their full time job and take part time jobs.
https://www.zerohedge.com/markets/something-has-snapped-unexplained-23-million-jobs-gap-emerges-broken-payrolls-report
Two part time jobs?
Yes
No conclusion really needed, the date was blatantly manipulated. It is a degree of Fraud from the BLS that would land CEO’s, CFO’s, in prison.
Look at the current election manipulation from the left so far. False new reports, .gov faked/willfully manipulated economic data, the Saudi “post election” Oil scandal, illegal FED involvement in local elections (Missouri), ballot drop box crimes around the Nation, the 255,000 “illegal” blank ballot dump in Pennsylvania the DAY AFTER the stroke sufferer was exposed, and we have to include the multiple calls for violence instigated by the usurper in two national addresses, the henchmen who declared it was our “last warning”, and so very much more.
All of this is for a reason. The chaos, the delays, the usurper declaring that despite out NATIONAL HISTORY, there will be many places where results cannot be known for “days”, it’s got less to do with this cycle and has EVERYTHING to do with the 2024 Presidential Cycle. It will be the forerunner for wiping out the US House and US Senate, and the WhiteHouse in two straight Presidential Cycles. I want to be wrong, but this is building up to something far more than elections.
Close but no cigar, IMHO.
This midterm election WILL be a “report card”; telling us how much progress we have made, and how far we still need to go.
Do not focus on “R vs D” gains in US Senate and House, thats NOT the metric to look at.
Look at how many MAGA Candidates take office, and not just in Congress, but in State Houses, State Legislatures, SoS and A.G.’s.
How many State Republican Parties have a MAGA State Chair, and MAGA majority Executive committee.
THIS is where we need to focus, and we need to start focusing NOW, on 2024 and shoring up MAGA control of State Parties, SO THAT PDJT has the nomination.
Count on it that the people financing RDS, are buying influence in State parties, nationwide right now.
“…buying influence in State parties, nationwide right now…”
That is precisely what happened in the Tea Party movement. Trump is still talkiing “vote straight Republican” and maybe that’s his best move at the moment. Sooner than later the “republican” designation will either mean what it says or be tossed. RINOs are not welcome.
P.S. It was amusing to see DJT and Marco Rubio playing buddy-buddy at Trump’s rally yesterday.
BREAKING: @KathyGriffin
has been permanently suspended from Twitter for impersonating
@ElonMusk
Benny Johnson
@bennyjohnson
·
47m
This comes after Elon Musk announced that verified users engaging in impersonation would be suspended.
_____
Quote Tweet
Elon Musk
@elonmusk
·
1h
Going forward, any Twitter handles engaging in impersonation without clearly specifying “parody” will be permanently suspended
Show this thread
_____
Benny Johnson
@bennyjohnson
·
19m
Here are Kathy Griffin’s last two posts on her Mastodon account, which she created after Elon Musk took control of Twitter:
“This comes after Elon Musk announced that verified users engaging in impersonation would be suspended.”
Has Biden been suspended yet for impersonating a President?
How about ABC, CBS and NBC for impersonating news organizations?
How about the DOJ and FBI for impersonating law enforcement?
My chuckle for the day
LOLOLOLOLOLOLOL!!!!!!!
🤣 May be the CTH Post of the Day.
He handed her her head.
Its going to be awesome to see an image of Elon holding her bloody, and severed head!
Here it is! https://pbs.twimg.com/media/Fg60rz2XwAEnqX2?format=jpg&name=large
So the threat to behead President Trump was not under moderation?
Taking the litter out of Twitter.
Good one.
…but they will be bitter when sent to the …! (I’m in a poetic mood tonite! ) 😉
Suspending Kathy Griffin is only about 10 years too late.
Should be banned.
What is her birthdate?
She’s tweeting now , using her deceased Mother’s account:
87,000 employees, that number seems oddly familiar 🤔…
Perhaps they can go on over to the IRS? Of course they have to be willing to carry a gun and use deadly force (according to the job description)
Well, they certainly have the requisite lack of conscience, morals, and integrity.
I do wonder how many ex Twitter and Meta/FKAFB employees will be relocated to IRS branch.
Same H1B Visas. New sponsor.
Oh dear no!!!! Not moving them to the i R s
All they need to do to get a new job is learn code, oh wait…
I wish I could say that “my heart bleeds for these poor souls”, however, I did save a ton of money on car insurance by
switching to GEICO /sarc
Ha!
Metaverse
Zuckerberg believed strongly that we will walk around 24/7 wearing special goggles/headsets and watch a 3rd rate cartoon world created by TikTok fans.
What illegal drugs is Zuckerberg on?
Adrenochrome.
Hmmmm….ask Kissinger, Schwab, Soros and Nancy, as well.
Hes
gothad lil god complex.Bored
BillionaireHundredmillionaire(?) Syndrome is a helluva drug..Hawaii has some powerful reefer and some potent mushrooms, but this kid is on a harder trip altogether.
I think he’s psychedelic. Suffering from delusions of grandeur.
He got some good stuff from Hunter…
I just think he’s an alien 👽, the one from another planet, not another country.
Open secret these inet billionaires microdose on LSD and Heroin.
Makes a great “cocktail” I remember it well.
It is hurting to laugh as much and as hard as I am at news like this.
As far as I know it will NEVER matter to me. No metaverse for me-ever.
I haven’t looked at Fascistbook in over 4 years. My brother says people ask him if I passed away.
High school neighbor died a week or so ago. I have been banned on fb since I shared the NY Post about hunters laptop. I have had 4 diff folks contact me in 4 diff online means.
Sad about both the friend’s death and being easy enough to find if need be.
Not concerned one way or the other about meta, zuck or his employees.
Dear META,
Please lay off whoever that employee is who keeps harassing and banning and putting me into forced group moderation.
Thanking you in advance,
Troublemaker10
There’s a META facility being built just a few miles from my house. I hope it falls through, like you have no idea.
We despise Zuckerberg here.
Meta is also where female players were being sexually assaulted according to a couple of articles that came out last summer:
https://nypost.com/2022/05/27/women-are-being-sexually-assaulted-in-the-metaverse/
https://www.cnet.com/personal-finance/crypto/the-metaverse-needs-to-figure-out-how-to-deal-with-sexual-assault/
For some reason, I can’t get too up-in-arms about imaginary avatars wearing 3D goggles being imaginarily sexually assaulted in an imaginary on-line-imaginary-scape
gnomesayin’?
“KUNA, ID – Facebook / Meta founder Mark Zuckerberg today announced plans that he will be purchasing the entire city of Kuna, Idaho. “
https://idahopea.com/facebooks-zuckerberg-to-purchase-kuna/
Facebook, uh, er “meta” is dying, and virtual reality headsets that give people motion sickness ain’t going to save them.
Oops: ‘Facebook Meta’ Means ‘Facebook Is Dead’ in Hebrew (breitbart.com)
5×5 Sundance.
A whole lot of people gonna be needing to “learn to code”.
I wonder if the % of people who “worked” for Meta sat at home and didn’t go in to work for the last 3 years like the % at Twitter?
I recently, maybe a month ago, posted a story here at CTH that $uckerbuck$ had instituted hot-desking. Meaning you don’t get your own office space anymore. You reserve a space if you are coming in and need a space and you get to sit wherever they put you. Plus he was already tightening the screws on expectations and letting those go who did not achieve their metrics.
Of course you had to get this news from a news org in India.
I laughed like crazy. These are the same people who told us the sky was falling if we didn’t get the arm drugs, wear a mask , stay home, social distance, etc., and they are now sharing desk spaces.
I also laughed because they did all that work to get Delusional Joe installed and this is what they get for it.
Karma $uck$, but it couldn’t happen to a more deserving company.
I hope FB follows MySpace into oblivion. Zuckerberg deserves total humiliating failure.
Maybe he can ask Black Lives Matter for a loan. Or Stacy Abrams.
Zuckerberg lost 2/3 of his net worth, bet the zuckerbuck spigot into non-profits for voting this year is way down.
As of July 2022, 24 states have banned or restricted the use of private funds for election offices and 6 governors—all Democrats—have vetoed potential bans. Wisconsin Gov. Tony Evers (D) has vetoed 2 Zuck buck bans; Kansas’s legislature overrode its Democratic governor’s veto. In addition, 4 counties (Walworth, Wisconsin; Ozaukee, Wisconsin; Kenosha, Wisconsin; Livingston, Michigan) have banned Zuck bucks.
Ref. https://capitalresearch.org/article/states-banning-zuck-bucks/
Are these real FB employees or their FBI, CIA, NSA employees.
At this point they’re all NPCs.
Naganna…..Naganna……Naganna…Meta….anymore.
( Think “Office Space” )
ZUCKERBERG Announced He’s Surrendered the Whole Thing
https://donttreadonmenews.com/2022/11/05/zuckerberg-announced-hes-surrendered-the-whole-thing/
“This week, the Center for Technology and Civil Life (CTCL), the organization partially responsible for distributing Zuckerberg’s $400 million grants for election efforts leading up to the 2020 election, said they would cease to engage in similar behavior in the next election. This announcement came less than two weeks after the premiere of Rigged, which shows just how Zuckerberg spent millions to defeat Trump.”
Nothing can help pad Biden’s dismal numbers. Except the very institutions that have carried him this far which are now themselves collapsing. Oh, the irony!!
Boomerang! Trumps the best at boomerangs!
🤭😜
Bankrupt this guy before he spends 400 million to steal another election.
$400 MILLION x 2 +++
Thought I felt a tear coming on for these stalinists losing their jobs, but its dusty here.
Shuttering Facebook to avoid the fact that Jack’s Magic Coffee Shop has more than one location.
That’s why the # and @ functions work across platforms.
Karma is a …. well you know. There’s more to go around. Hope we see it.
Ha… so maybe my* significant withdrawal from Facebook over the past couple years has had an impact after all. (* Along with many millions of like-minded people.) I used to post/comment there on pretty much every big news story, but no more. About the only time you’ll see me on there now is when a friend or family member has a birthday or something. Yeah, I still use their PM part (“Messenger”) to talk with people when I’m not using my phone texting, but that’s about it.
Anyway, yeah, proud to be doing my small part in taking FB down a few notches. 😀
Very old guy here,joined Facebook a few years ago after seeing wifes sites page.yeah I hate zuck but I will stay on there.i’m in 5 or 6 hobbie groups. Tractors,peafowl,chickens,jeeps.also buy & sell section better then craigslist. I do nt see the politics at all,that’s why I’m here.
Now that you mention it, I have to admit I AM in one (very non-political) group, that I post in once in awhile. So thanks for that, and allowing me to clarify! (I gotta practice that routine, in case I’m ever subpoenaed or whatever… 😉 )
Paring down nonproductive employees and running a tight ship? What a CONSERVATIVE attitude !
I find facebook handy for keeping track of relatives. It also has a lot of groups such as car clubs, wildlife followers, bee clubs, artists, small town community groups, and so on, as well as funny cartoons etc. It’s not All bad.
In fact it was a great idea.
The problem is the way it is run by crook Zuckerberg (who acquired it by swindling his friends who thought of it first) and how the US govt goons were allowed in to invade everyone’s privacy.
Didn’t that evil sob Gates do the same thing at Microsoft?
Pretty much.
Software development is pretty cutthroat. Xerox actually invented the GUI. Steve Jobs saw it during a visit where he was basically headhunting the company – https://crm.org/articles/xerox-parc-and-the-origins-of-gui
I have posted before that Zuckerborg looks like the “Meathead” alien character from 1983 B Movie “Meatballs 2”..
Do you have a problem with Data?
If you have 87,000 employees, you have at least 8,700 who contribute nothing and possibly a lot more. Sucks for anyone who gets laid off but bad things happen to everyone. I won’t shed a tear for anyone who worked at companies that tried to control what I see, hear, or read.
It’s going to be a hard candy Christmas for many people. These people can join that group.
BTW, the local Charleston, SC, news is starting to cover the restaurants that have recently closed or will be closing for good this month. There have been 5 announcing their intentions in the past week and probably more that didn’t make the news.
With all these layoffs, November’s employment report is going to be lit.
If he has 87,000 employees then 17,400 (20%) are most likely doing at least 80% of the work. (old 80/20 rule)
If all the social media companies went away, would we be better or worse?
I wouldn’t notice.
Much better! Text instead or just actually write a letter or note in snail mail.
Our President did say “Get Woke, Go Broke.”
Zuck would try to influence an election in favor of democrats, say it ain’t so, Joe; Creepy, dementia Joe in this case.
Forgive my lingustics, but he’s a diminutive prick!
This kind of obsession and irrationality is its own punishment. No need to pile on. When I was enraged by the 2020 election, I wrote a book recasting it as Hamlet (which some folks here kindly downloaded). And that returned me to sanity. Let me mention I have another book, I’m offering free today (Sunday) as an ebook. This one a simple modern-day comedy that plays around with Romeo and Juliet. We’re about to win back a lot of our governance on Tuesday; let’s take back the arts as well.
The new book is titled, We’ll Always Have Verona, and the blurb and link are here:
And any of you who bite, and like it, may I ask you to leave a review? It’s useful to getting the title seen by others.
Gee I thought it was all Elon’s fault that the left wing snow flakes were being laid off. Now out of the blue investors have finally caught on that Zuck sucks, due to lousy earnings and loses Zuck also has do layoffs. Maybe attacking the 1st Amendment wasn’t such a good idea after all.
What’s going to happen to all the cheap labor visa holders? Maybe they can learn how to mine coal, Joe said it’s going to be long cold hard winter.
What happens to all the H1B Visa workers that will be getting laid off? Do they go home now? Or does their “here to do jobs American’s won’t do” give them priority status cross industry and nationwide?
Is the GOP ever going to address just how bad our colleges are? Are our colleges & universities so bad they can’t even produce people smart enough to compete with communist Chinese, Pakistani or Indian state schools? Really MIT? Really Harvard? Really Duke? Really Stanford? Really Carnegie Mellon?
They’re plenty smart – a lot of them had to train their H1B replacement.
H1B holder will work for a lot less money and the employer has a lot of leverage. Have to go home if they lose their employer/sponsor.
Ahem…many of those H1B’s have fake degrees and skills that are subpar. Look at Boeing and the Max 737 disaster:
“The Max software was developed at a time when Boeing was laying off experienced engineers and pressurizing suppliers to reduce costs.
The company reportedly outsourced flight-display software and programs for flight-test equipment to third-party software developers – including Indian HCL Technologies Ltd and Cyient Ltd (formerly known as Infotech).
The third-party software developers, in turn, employed newly graduated programmers mainly from India who were paid only US$9 an hour in India, compared with US$35 to $40 for those in the U.S. on H1B visa or more for a full-time US software engineer.
Although the final code was designed as per specifications set by Boeing, the quality of such work was below expectations, as subcontractors were pressured to limit changes that might introduce extra time or cost.
“It was controversial because it was far less efficient than Boeing engineers just writing the code,” Mark Rabin, a former Boeing software engineer who worked in a flight-test group that supported the MAX, told Bloomberg. “It took many rounds going back and forth because the code was not done correctly.”
Boeing said that it did not depend on engineers from HCL and Cyient “for the Maneuvering Characteristics Augmentation System” (MCAS).
However, the Lion Air crash in Indonesia last October and the Ethiopian Airlines disaster in March, both involving the 737 Max planes were associated to the improper work of the MCAS, which was designed to avert the plane from stalling, but instead sent the aircraft into nosedives.”
We have plenty of qualified candidates, but companies want to save money and screw Americans over.
https://www.techworm.net/2019/07/boeing-737-max-software-engineers.html
Suckerberg holding off until after midterms. Of course the leftist hack is just like Phizer did with the vaccines after 2020 election. This is after they said people will die without vaxes. They are monsters who deserve punishment. 60 lying Minutes or now the leftist Frontline will never do an expose on that. The entire media controlled by leftist radical democrats.
Ah yes…
And a now
The end is NEAR
————————
Those who blindly lost their minds … believing that they were part of the we -of “Yes WE Can”
those who gave cause
for the real WE
-of “Yes WE Can”
to pert near accomplish THEIR horrible …. and restricting agenda
are finding themselves
as a member of the “them”
– of the “US and them”.
Fakebook. Where every 3rd post is an advertisement such that it’s unusual to see posts from family any more.
And posts that offend some snotbag leftist get flagged, censored or you are put in a childish timeout.
HEY! They can all become IRS agents.
Awwwwwww! Too bad. Maybe they should “learn to code”.
Oh… wait… that’s what they supposedly DID at FacePlant.
Hmmmm….. maybe they should learn to mine coal.
A corporate version of clearing the bowels and promoting defecation: META-mucil.
Golly Sundance, I don’t know why they need to worry about unemployment numbers.
In a few months, perhaps after the new year, I expect that the *pre-election* data will be “adjusted”.
Happy Day!
How’s WhatsApp doing?
President Donald J Trump is, in Truth, a very stable genius!
“There’s a better than reasonable likelihood some companies have deferred layoff announcements in an effort to help the employment stats for the Biden Administration.”
Utter nonsense.
Was that smart? – to invest $350 millions into radical left coup in 2020 and get loosing $71 Billions by September 2022! That means, Zucker lost $202 on every buck invested into Biden’s course. And all these globalists billionaires enjoy huge losses, including Gates, Bezos, Apple (reportedly $350B). I guess this is a lesson to learn for all costal liberals.
So a bunch of Branch 4 information mercenaries are getting pink slips. IDK, are they moving on to next steps with the information war rapidly in retreat?
I’m in the tech industry as well and from my vantage point, I’m seeing business and revenue drying up. Companies are deferring tech spending in the face of uncertainty. This is going to be a long winter, I’m afraid.
META has 87,000 or so employees and the IRS is now hiring 87,000 new employees. Coincidence?
The engineers inside Meta (Facebook) should be extremely pissed. Mark Zuckerberg rigged the 2020 election to elect Joe Biden. Biden proceeded to crash the economy, and cost the Meta engineers their extremely high-paying jobs (350K-700K).
Zuckerberg had better hope the software engineers do not leave hidden parting gifts in Meta’s code.
Never saw any use or appeal, for me and mine, for faceplant or twatter.
Regret that some used faceplant to create businesses that are then dependant on faceplant, but then starting a business is a gamble…
As for Zuckerbucks, couldn’t happen to a nicer sociopath.
Karma, Gods wrath or cosmic justice for spending $420 mil to “fix” the 2020 election?