"Meta is telling managers to put more employees in 'Below Expectations', the lowest performance bucket during this year's mid-year performance reviews, according to a memo shared on Meta's internal forum on May 14."
"Manager selection for performance-based cuts can be based on a 'Below Expectations' rating or any formal disciplinary action within the past six months."
Meta is instructing its managers to classify a greater percentage of employees as 'Below Expectations' in the upcoming mid-year performance reviews, increasing the target from 12-15% to 15-20% for larger teams. This strategy aligns with CEO Mark Zuckerberg's initiative to expedite the transition away from low performers. The company aims to use the performance reviews as a basis for making future layoffs, although it states there will be no broad company-wide terminations this year. Conversations on performance will occur between July and August, marking a critical period for employee evaluations and potential exit decisions.
Read at Business Insider
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