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Reply to "If you work/worked at a FANG company…"
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[quote=Anonymous]With most FANG companies, there's usually only 1 or 2 products that actually are profitable (usually super profitable) and then there are a bunch of other products that are basically funded by the 1 or 2 profitable products. In flush times, money is flowing freely and no one has a problem with the unprofitable products. The unprofitable products are those that are supposed to enable to company to grow and perhaps one day become profitable. In lean times, the unprofitable products (and their personnel) are shut down and terminated. At Google, for example, the main source of profits is search ads. Thus, as part of its layoffs, Google lays off people in niche areas or on experimental products. I suspect if you are a core engineering working on Google Adwords, you're probably pretty safe. However, if you work at Google X or some lab that is trying to "moonshots", you're probably a target for layoffs. Likewise, at Amazon, for example, the main source of profits is Amazon Web Services. If you're wondering why Amazon as a shopping website/marketplace has started to suck, as it's flooded with fake products and other garbage, it's because Amazon's shopping website/marketplace isn't particularly profitable and so it's neglected. Amazon, as a consumer website, has become the website equivalent of shopping at Walmart or perhaps a Dollar Store. It's not a particularly pleasant experience anymore, but that's what you get when you want low prices on goods. One other thing that's also happening is the post-pandemic world. During the pandemic, everyone was at home and on their devices. Thus, the FANG companies did very, very well. Accordingly, the FANG companies hired in very large numbers. Now that things are changing and people are back in the office, etc., the pandemic era highs for the FANG companies is also coming to an end.[/quote]
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