Meta To Identify Low Performers For Impending Layoffs: Reports
According to reports. Meta has asked managers within the company to identify poor performers that could potentially be laid off. The development comes weeks after the company issued a warning about serious times ahead.
According to the reports, Meta's VP for Remote Presence, Mahar Saba, is spearheading the instruction dissemination to managers that will help identify people on their team who "need support".
Saba has also reportedly instructed managers to "move to exit" under-performers and those "who are unable to get on track." Meanwhile, Meta rival Google is also slowing down hirings this year.
According to The Information (Engadget), the note by Mahar Saba reads, "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".
According to The Washington Post, a person familiar with the matter claims that Meta may use this to create "performance improvement plans" but might end up resulting in mass layoffs.
in a memo to employees earlier this month, Meta chief product officer Chris Cox, had warned employees about a "serious" year as its ad business continues to take hits in a weakening economy. However, Meta CEO Mark Zuckerberg, in an all-hands meeting, earlier had said that the company does not plan to lay off employees for the time being.
Meanwhile, search-giant Google's Sundar Pichai has announced that the company will slow down hiring across verticals as the company is not "not immune to economic headwinds".
