The Pulse: Meta’s self-inflicted resignation-wave

This article from the Pragmatic Engineer Newsletter examines Meta's recent engineering organization crisis, including 10% layoffs during record profits, forced reassignment of 20-30% of software engineers to data labeling, and the resulting talent drain. It reveals new details: some UK layoffs reversed after notification, Meta now offers retainer equity grants to retain IC6+ engineers resigning to competitors like Google, Anthropic, and OpenAI, and shares a case study of an engineer who leveraged Meta's counteroffer to get a better deal from Google. The piece highlights Meta's shift from no counteroffers to aggressive retention efforts, reflecting the severity of the self-inflicted talent loss.