Does Zuck get a perf review too?
Meta just gave thousands of employees poor performance reviews
21–30 of 72 posts
Re: Meta just gave thousands of employees poor performance reviews
#22Earlier quoted context omitted.
As if only money counts. There is also somrthing like the fun part of work. Maybe i am spoiled by living in a country where money is not really an issue.
Where is this magical country where money is not really an issue?
He probably meant in his own bubble.
Re: Meta just gave thousands of employees poor performance reviews
#23This does not seem newsworthy.
Re: Meta just gave thousands of employees poor performance reviews
#24Earlier quoted context omitted.
As if only money counts. There is also somrthing like the fun part of work. Maybe i am spoiled by living in a country where money is not really an issue.
Where is this magical country where money is not really an issue?
There are definitely countries where money is less of an issue, but I've never heard of a country where it's not an issue. More likely he's referring to the former country. Nevertheless I'm also curious about which country this is.
Re: Meta just gave thousands of employees poor performance reviews
#25Does Zuck get a perf review too?
I think already knows what current and former employees think of his performance, and increased his security allowance as a result:
https://www.theguardian.com/technology/2023/feb/16/meta-to-p...
Re: Meta just gave thousands of employees poor performance reviews
#26> deploying AI tools to help our engineers be more productive Interested in how that turns out. I seriously doubt that it will make the work environment any more pleasant. That said, the salaries at Meta are pretty crazy. I guess folks are willing to put up with a lot to make that kind of dosh. Of course, if, as has been speculated, this is a full-court press by all the top tech companies to push down salaries, then…
There’s no evidence that “all the top tech companies” are trying to push down salaries. I’ve neither seen nor heard any evidence of this at Netflix or Apple. Google? Salary ranges for open positions in California are public.
You must have missed that time they all colluded together with anti-poaching agreements to minimize liquidity in the job market then turned around and used that as an excuse to demand higher H1B quotas for more guest serfs.
Re: Meta just gave thousands of employees poor performance reviews
#27This is one of the reasons so many people do not take management seriously. If your performance qualification depends on how many people the company wants to fire then your performance is not what is being evaluated.
In good companies, jobs have a set of well expectations. Your performance is measure against that expectations. The company may be about to close and yet your performance can be good.
After pulling something like this a company will lose any trust that employees had in its evaluation system.
Re: Meta just gave thousands of employees poor performance reviews
#28This is one of the reasons so many people do not take management seriously. If your performance qualification depends on how many people the company wants to fire then your performance is not what is being evaluated. In good companies, jobs have a set of well expectations. Your performance is measure against that expectations. The company may be about to close and yet your performance can be good. After pulling somet…
You can replace almost all performance reviews (and grading in school) with “these people would be fired/fail before you” and anything else is just playing pretend.
Re: Meta just gave thousands of employees poor performance reviews
#29https://archive.is/dOrAf
Thanks for the archive link. It is strange when a single-paragraph article is behind a paywall like this. Shallow reporting is a wholly uninspiring incentive to provide any support whatsoever to a publication.
Just months after Meta laid off 11,000 employees, there are signs the
company could be preparing for another wave of cuts.
The parent company of Facebook and Instagram has reportedly ranked thousands of employees as “subpar” in a recent wave of performance reviews. And that’s raising fears among workers that more belt-tightening is on the way.
Those concerns come after CEO and founder Mark Zuckerberg declared 2023 a “year of efficiency” at the company on an earnings call at the beginning of February. Meta also did away with a bonus metric, the Wall Street Journal reports.
Managers gave about 10% of the company’s workers poor reviews. It is, in some ways, a return to Meta’s pre-pandemic review process, where Zuckerberg was said to be less than gentle with his assessments of workers.
The threat of additional layoffs comes just days after the company delayed finalizing budgets. Zuckerberg, in a Facebook post earlier this month, wrote “We’re working on flattening our org structure and removing some layers of middle management to make decisions faster, as well as deploying AI tools to help our engineers be more productive. As part of this, we’re going to be more proactive about cutting projects that aren’t performing or may no longer be as crucial.”
Seemingly safe from the cuts is Meta’s metaverse division. While Horizon Worlds has failed to engage users, including some who work at the company, and the Reality Labs division was responsible for $13.7 billion in losses last year, Zuckerberg remains committed to it.
Other divisions do not seem to have that protected status.
“We closed last year with some difficult layoffs and restructuring some teams.,” Zuckerberg said in his post. “When we did this, I said clearly that this was the beginning of our focus on efficiency and not the end.”
Re: Meta just gave thousands of employees poor performance reviews
#30Earlier quoted context omitted.
If you'd earn less going somewhere else, then there's no reason to jump ship till you have to: keep banking the money till the situation becomes untenable.
As if only money counts. There is also somrthing like the fun part of work. Maybe i am spoiled by living in a country where money is not really an issue.
You won't feed your family or pay of that house with the "fun part of work". It's great if you get both but there are unfortunately priorities in adult life that might bog down the romanticism.