Facebook managers instructed to weed out lowest-performing employees
Facebook managers instructed to weed out lowest-performing employees
- Jul 13, 2022
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Saba wrote in the memo, "If a direct report is coasting or is a low performer, they are not who we need; they are failing this company. As a manager, you cannot allow someone to be net neutral or negative for Meta." This memo is one of the many messages from Facebook executives setting a warning tone about cutting costs as the social media giant seeks to shore up its stagnating digital advertising business and reinvent itself as a virtual reality-powered device maker.
Many employees have been concerned about potential layoffs, reduced bonuses and fewer promotions. A person familiar with the matter says, "The reaction from folks that have seen this is that this will be used to create a bunch of ‘performance improvement plans’ that will result in mass layoffs."
Source: The Washington Post
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