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Old 13-11-2022, 18:10   #10
RichardCoulter
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Re: Facebook/Meta to cut 13% of its workforce

Quote:
Originally Posted by Damien View Post
Well yes, but I would argue that's largely what Facebook and Google do as well. Both of their core products were compelling implementations of existing ideas. Facebook took the social network and focused on network effects with a clean interface and Google applied a computer science research project to the already packed world of (crappy) search engines.

I think what sets Apple apart from these companies is a narrow focus on things that they know how'll they'll monetise before they start any serious work on it. They and Microsoft are much more traditional companies.

I think Facebook and Twitter operate with the newer silicon valley mindset that you'll always be able to make money from eyeballs on your services so the important thing is to grow fast. Grow the user base or increase the time those users spend in your world.

When the economy turns, debt is no longer cheap and advertising money declines then the latter model is a lot more dangerous.

I think a lot of these service apps such as Deliveroo and Uber might be in trouble as well as they depend heavily on fast growth and access to cheap credit from their investors as to supply their customers.
I do hope so as these ompanies aren't fit to be in business because their customer service is abysmal and they rip off food outlets & customers alike.

Experts have said that the delivery portal industry is saturated and that at least one of the major players (Uber Eats, Deliveroo & Just Eat) will fold. We are now seeing these companies swallowing up smaller delivery companies to try and be one of the companies that stays in business.

In an effort to cut costs, all three of the major players use cheapo offshore call centres. The absolute crap & nonsense that they come out with beggars belief. They're too stupid to realise that this approach will also be costing them in lost customers/revenue.

---------- Post added at 18:10 ---------- Previous post was at 18:02 ----------

Quote:
Originally Posted by Sephiroth View Post
Facebook is total shit, a curse (like cyclist pelotons).

Facebook is what you make it. You choose who to talk to, have as a contact or block.

All groups are voluntary, so you can ignore any that don't interest you and join any that you want to instead.

There have been some peculiar moderating decisions I agree, but this is being put down to AI or human moderators requiring extra training.

Meta have said that they will be taking on more people and improving training to improve matters, so we will shall have to wait and see.

Last edited by RichardCoulter; 13-11-2022 at 18:05.
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