Meta has announced an increase in the classification of low performers during midyear reviews, expanding the range from 12-15% to 15-20% of employees on larger teams. This follows the previous layoffs of about 4,000 workers deemed underperformers. The new review process starts on June 16, and while no company-wide terminations are expected, the process poses an opportunity for exit decisions. CEO Mark Zuckerberg emphasized the need for higher performance standards, leading to concerns from employees who disagree with the classifying criteria and feel their performances were misrepresented.
Mark Zuckerberg warned employees this year that Meta would raise the bar on performance management to increase efficiency and expedite the removal of low-performing workers.
The midyear review process will expand the definition of low-performing employees to 15-20%, with potential for more layoffs beyond the previous 4,000.
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