Hiring standards must have fallen if they added people so rapidly.
During this period of growth, the “more work” that needed to be done really was critical. It just isn’t critical any more.
Edit: Yes, I see this contradicts my original post. I was hoping the employees in big tech would be a bit smarter.
I have been hearing this about Meta / FB for the last 10 years. This line of thinking is overly simplistic. If a company like FB wants to ramp up hiring, they have many tools at their disposal. Hiring bar isn't the only tool, or even a very important one. Things they can do:
1. They can really jack up the compensation package and signing bonuses 2. Open offices in places where they didn't have any presence 3. Open up to remote work 4. Allow flexible hours 5. Increase retention through outstanding perks and benefits 6. Scale hiring efforts - expand the recruiting org, train more employees to conduct interview, reward employees for referrals and conduct interviews 7. Expand outreach into communities from where we historically didn't get much applicants
Meta tried everything above, and possibly more. Hiring bar doesn't matter when you have boatload of money.