Meta

Benefits are great, although they may go down now that they are tightening their belts. Great compensation, although with the stock price decline, it may not be any more. Opportunity to work on large-scale products.

For senior folks, it's hard to find projects with good scope. The company had layoffs. Even for people left behind, the morale is down, and indications are more people will either be managed out or leave on their own. Meta is not growing but is shrinking.

They still suffer significantly from being short-term impact driven in the PSC process. They've been trying to change this for years, even removing "Move Fast / Break Things" and replacing it with "Long term." The problem is most of the folks in calibration and running the show still have short-term impact in their DNA, as that's the way they measure everything.

Mark is very fixated on the metaverse as a "bet the company" initiative. The problem is that he is spending so much on it, and the likely timeframe when it goes mainstream is still years out. Also, the ads business is in trouble with the economy in decline and headwinds from Apple's privacy changes. They basically need to rewrite the ads stack, which will take a long time, and revenue will suffer in the meantime.