Sources: Meta gave ~10% of staff subpar ratings in recent performance reviews, a sign of more workforce reductions, and cut a bonus metric to 85% of its target
The performance-review process is expected to set the stage for more workforce reductions this year — Why Tech Layoffs Don't Reflect the Job Market
Here's the latest on Meta: ‘OG Mark’ Returns at Meta as Facebook Parent Gives Thousands of Staff Subpar Reviews https://www.wsj.com/... with @JeffHorwitz
“Meta managers gave approximately 10% of employees ratings indicating they are underperforming, the people said. That proportion wasn't unprecedented in the years before the pandemic.” https://twitter.com/...