Subscribe Now
Trending News

Blog Post

Meta ‘turning up the heat’ to weed out employees who fall short of goals
News

Meta ‘turning up the heat’ to weed out employees who fall short of goals 

 | July 01, 2022 08:32 PM

Meta employees who are not clicking on all cylinders might be subjected to a pressure campaign to leave as the company braces for an economic turndown, the company’s CEO said Thursday.

There are “probably a bunch of people at the company who shouldn’t be here,” Meta CEO Mark Zuckerberg told employees during a weekly Q&A session, warning them the company is “turning up the heat” on performance management to remove staffers who are unable to meet goals, according to audio reviewed by Reuters.

“Part of my hope by raising expectations and having more aggressive goals and just kind of turning up the heat a little bit is that I think some of you might decide that this place isn’t for you, and that self-selection is OK with me,” Zuckerberg said.

FACEBOOK BLAMES ‘INCORRECT ENFORCEMENT’ FOR REMOVED POSTS ON ABORTION PILLS

The company also reduced its target for hiring engineers this year to 6,000-7,000, down 30% from its initial plan to hire approximately 10,000 new engineers. Meta confirmed hiring pauses last month, though exact figures were not given.

Zuckerberg also warned employees to brace for a steep economic decline, saying it “might be one of the worst downturns that we’ve seen in recent history.”

The company made headlines when its former chief operating officer, Sheryl Sandberg, stepped down from a position she held since 2008 on June 1. Zuckerberg claimed he does not intend to replace Sandberg and that the company’s product and business teams should be “more closely integrated.”

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

Other companies are letting employees go amid poor economic conditions. Tesla laid off nearly 200 employees on the company’s autopilot team, according to a Tuesday report. CEO Elon Musk said in a June 2 email to company executives titled “pause all hiring worldwide” that he had a “super bad feeling” about the economy and wanted to cut about 10% of the company’s workforce.

Meta has not responded to the Washington Examiner’s request for comment.

Read More

Related posts

© Copyright 2022, All Rights Reserved