In news you can file under 'painfully predictable,' Meta spent another quarter burning through the GDP of a small nation in a bid to birth the metaverse.
What the hell are they even spending all this money on when they don’t have much to show for it?
I don’t know if that headcount I listed includes contract employees. They typically get compensated far less, and anecdotally I’ve been told by a former Meta friend that there are more contracted developers than salaried there. And what’s the ratio of software developers compared to other personnel? HR, QA, marketing, sales, etc? Employees in other countries? I figured a more conservative estimate was reasonable for cost overall.
I don’t know if that headcount I listed includes contract employees. They typically get compensated far less, and anecdotally I’ve been told by a former Meta friend that there are more contracted developers than salaried there. And what’s the ratio of software developers compared to other personnel? HR, QA, marketing, sales, etc? Employees in other countries? I figured a more conservative estimate was reasonable for cost overall.