Do Techno Posers Have the Skills to Pay the Bills? By MN Gordon

Do former Twitter censors who’ve been fired have any useful and remunerative skills in the real world? From MN Gordon at economicprism.com:

Sometimes things must get worse before they get better.  To completely remodel a kitchen, for instance, you must first demo and gut the old one.  These initial steps backward can be demoralizing.

But there’s no way around it.  And with perseverance and an ample budget, the ultimate result is usually a big improvement.

Similarly, remodeling a tired company requires making short term sacrifices for long term gains.  The initial efforts can produce ugliness.  And with the lives and livelihoods of employees on the line, the decisions can be emotional.  Yet sometimes it must be done.

Meta CEO Mark Zuckerberg recently told investors that 2023 will be the “year of efficiency.”  If you recall, the company RIFed 11,000 workers in November 2022.  The scuttlebutt is that more layoffs are coming.

Currently, the prospect of imminent layoffs is triggering uncertainty about what projects will go forward, what will be cancelled, and who will be working on them.  This has created an interim situation where some Meta employees are getting paid to do zero work.  Strangely, for Meta to become more efficient, it must first be less efficient.

Still, Zuckerberg is clear on his objective.  In Meta’s fourth-quarter earnings call on February 1, the CEO noted:

“We’re working on flattening our org structure and removing some layers of middle management to make decisions faster, as well as deploying AI tools to help our engineers be more productive.”

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