2025-06-09

Meta layoff-s bottom five percent in performance.

Hires new people

Best to join tech company is when the stock is down

Now it is an employers market. Meta can afford to remove the bottom percent and hire new people (cheaper).

In Quant Hedge Funds it doesn't matter the company you work for, matters the team you work in and the pod of your team. The Portfolio Manager of the team and so on. Citadel has many pods within and all teams within compete with each other.