Meta staff ranked ‘subpar’ in efficiency critiques, concern recent layoffs: Report

According to a report, 1000’s of Meta staff have acquired poor efficiency critiques from the corporate, elevating fears that tech large might give you a recent spherical of layoffs, after it handed pink slips to round 11,000 employees in November final 12 months.

Also Read | Meta plans recent layoffs, delays setting crew budgets: Report

Approximately 7,000 staff had been ranked ‘subpar’ by Meta in a latest spherical of efficiency critiques, reported Moneycontrol citing The Wall Street Journal, including that the agency additionally did away with a bonus metric.

“Low ratings could lead to more employees exiting Meta,” stated a supply to The Wall Street Journal, in response to the report.

In an announcement to the paper, a Meta spokesperson stated, “We’ve always had a goal-based structure of high performance, and our review process is intended to incentivise long-term thinking and high-quality work, while helping employees get actionable feedback.”


Source web site: www.hindustantimes.com

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