According to a report, 1000’s of Meta workers have obtained poor efficiency opinions from the corporate, elevating fears that tech large could provide you with 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 workers have been ranked ‘subpar’ by Meta in a latest spherical of efficiency opinions, 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 line with the report.
In a press release 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.”
- ABOUT THE AUTHOR
Subscribe to our greatest newsletters
Subscribed to publication efficiently
Thank you for subscribing to our Daily News Capsule publication.
Source: www.hindustantimes.com
