Earlier quoted context omitted.
It's absolute insanity that they don't see that the best talent can and will walk out the door if this happens. Even if the top performers are insulated from the "heat" there are a non-zero number of them that this won't sit right with and/or they are affected and they leave. Any company who uses this kind of shadow-layoff or whatever you want to call it is scum, plain and simple. I mean that's no surprise for Meta o…
> It's absolute insanity that they don't see that the best talent can and will walk out the door if this happens. On the contrary, the best talent is probably already performing to these higher expectations and won't be impacted. Their peers who weren't keeping up are the ones who will be impacted. Holding employees accountable for high performance standards is generally welcomed by high performers.
Meta slashes hiring plans, girds for 'fierce' headwinds
271–280 of 509 posts
Re: Meta slashes hiring plans, girds for 'fierce' headwinds
#272Re: Meta slashes hiring plans, girds for 'fierce' headwinds
#273> Realistically, there are probably a bunch of people at the company who shouldn’t be here If a company has both 1) A lot of dead wood 2) No better strategy to deal with it than 'turning up the heat' Then this suggests a profound failure of management and leadership. I'd start cutting the dead wood there.
I guess announcing it is part of the "turn up the heat" process?
Re: Meta slashes hiring plans, girds for 'fierce' headwinds
#274Earlier quoted context omitted.
How does this work well? Aren’t the good people the first to leave if you decide to make everyone miserable?
the good people are the ones that perform well in the kitchen when it gets hot.
Re: Meta slashes hiring plans, girds for 'fierce' headwinds
#275> Realistically, there are probably a bunch of people at the company who shouldn’t be here If a company has both 1) A lot of dead wood 2) No better strategy to deal with it than 'turning up the heat' Then this suggests a profound failure of management and leadership. I'd start cutting the dead wood there.
I would suggest that you interpreted Mark's statement that "there are probably a bunch of people at the company who shouldn’t be here" without considering it in the context of the other statement: he warned that a recent slump in the markets “might be one of the worst downturns that we’ve seen in recent history He and his team is doing exactly what public company management is supposed to do during challenging times,…
They actually teach this in business school. Laying off bunches of people triggers regulatory compliance which can limit hiring and other stuff. Announcing layoffs without actually doing them causes the best to leave, the expert strap-hangers to entrench, and the people in the middle to become less focused.
The accepted strategy is to cut as deeply as you need to cut to get through the downturn, then get back to business. Do it fast, do it deep, do it once.
Zuck chose to turn the workplace into a low-stakes Hunger Games.
No one needs another reason to dislike Facebook, but Zuck gave us another one.
Re: Meta slashes hiring plans, girds for 'fierce' headwinds
#276Earlier quoted context omitted.
Every sufficiently large company has a lot of dead wood, and nobody has yet devised a better strategy than 'turning up the heat'.
How does this work well? Aren’t the good people the first to leave if you decide to make everyone miserable?
Re: Meta slashes hiring plans, girds for 'fierce' headwinds
#277Yeah, "we hired people we shouldn't have so now we're going to make it increasingly unpleasant to work here" doesn't work. First-hand, what I've seen happen is that your most talented people, who are the most in demand, leave the organization quite quickly because they correctly realize they don't have to put up with this bullshit. It's the coasters who fear they'll never land an equally cushy job who attempt to ride…
Absolutely. I worked at GE for 5 years and their reluctance to performance manage individual contributors was just insane. They will do anything to cut people in ways that are not performance related. VJRP. SERO. Contractor reductions. Site eliminations. And then finally the blanket RIF. I never saw anybody get fired for poor performance, and many of them should have been. And they also make it hell on people leaders…
Re: Meta slashes hiring plans, girds for 'fierce' headwinds
#278Earlier quoted context omitted.
It's absolute insanity that they don't see that the best talent can and will walk out the door if this happens. Even if the top performers are insulated from the "heat" there are a non-zero number of them that this won't sit right with and/or they are affected and they leave. Any company who uses this kind of shadow-layoff or whatever you want to call it is scum, plain and simple. I mean that's no surprise for Meta o…
> It's absolute insanity that they don't see that the best talent can and will walk out the door if this happens. On the contrary, the best talent is probably already performing to these higher expectations and won't be impacted. Their peers who weren't keeping up are the ones who will be impacted. Holding employees accountable for high performance standards is generally welcomed by high performers.
I've been a high (if not the highest) performer at companies I've worked at (albeit much smaller companies Meta), if they suddenly want me to log my hours, do a bunch of metric-related BS, or grade me on KPIs that have no basis in reality then I'm leaving.
Re: Meta slashes hiring plans, girds for 'fierce' headwinds
#279Earlier quoted context omitted.
Every sufficiently large company has a lot of dead wood, and nobody has yet devised a better strategy than 'turning up the heat'.
Citation needed. alternative strategies would include: Rewarding good employees and firing bad ones. Deciding on actual useful performance metrics ahead of time and measuring people against them.
Re: Meta slashes hiring plans, girds for 'fierce' headwinds
#280Earlier quoted context omitted.
Every sufficiently large company has a lot of dead wood, and nobody has yet devised a better strategy than 'turning up the heat'.
Does this not have the side effect of also driving away employees with the best alternatives (so, probably your best ones)?