u/SingerSingle5682 wrote (the comment Michael replied to):
3 is not correct. The layoffs have been pretty pervasive and have certainly affected high quality staff. It’s a myth they were purely about removing underperforming talent. Tech companies, even FAANG have also been laying off their most senior, most experienced engineers and repl
u/michaelnovati replied ·
I've been on the other side and was a repeat top performer at Meta, and I will state as fact that no top performers are ever laid off - they are moved internally.
I also want to make it clear that even lower performers might be high performers somewhere else.
The point I'm making is that whatever it is at FAANG that makes a specific company special is built and maintained by the high performers and others leaving and going elsewhere don't bring the talent or the experience with them. Maybe they will build something BETTER somewhere else, but they won't level up a non-tech company just because of their FAANG experience. Heck even when a top performer is poached to lead a non-tech company they struggle to bring that level of execution to the new company.