- Meta laid off more than 11,000 workers in early November.
- The company roughly doubles the range of employees' lowest performance ratings.
- The spectrum includes layoffs and no-regrets exits involving workers who see no displeasure with their managers.
Meta laid off more than 11,000 employees in November. Now comes another change that could see more people leave the company.
In annual performance reviews that begin in January, the proportion of Meta's worst-performing employee categories, ranging from "most expected" to "needs help," will roughly double, according to two people familiar with the situation. They asked not to be named and discussed sensitive issues.
Salaries will range from 14.5% to 16.5% of company employees, up from 7% to 12%, Insider said.
The highest tier includes employees who have already left and “uncovered revenue,” for employees who are not essential to the job and whose managers won't be upset if they quit. NRA, as it is also called in Meta, includes people who quit smoking of their own volition and those who quit after being found to be deficient.
The higher target leaves Meta the flexibility to lay off more employees during a performance review period that begins in January. In these assessments, managers will also be harsher on employees who are on the edge of performance categories, such as B. "consistently meet all expectations" and meet "most" expectations.
“For this cycle, we have increased the lower limit of our range because it includes 12 months of ungraceful amortization, instead of 6 months as in our old system,” the executive said in a statement. “As of the November issue, we also introduced attrition, which is not unfortunate. We will also be stricter on threshold scores if most cases are met/met all the time.
Meta-managers were also asked in October to select a certain percentage of their teams, Insider reported, in anticipation of mass layoffs in November. The company, formerly known as Facebook, was eventually forced to lay off 13% of its workforce.
When employees leave Meta, they call it "regret" or "regret". If it's the latter, they must have an internal reference to be rehired in the future, according to a person familiar with the matter. Other tech companies have similar requirements. Amazon uses "unhappy attrition," or URA, to measure the number of employees who leave the company and aren't sad to lose. “Careful turnover” includes employees that Amazon deems to be underperforming and who are often pressured by popular performance management programs.
Higher goals mean the company puts more pressure on employees and tries to cut costs. Following recent layoffs, Meta announced plans to reduce office space and freeze current hiring until 2023.
After the cuts, Meta hiring manager Laurie Gohler sent a note saying she expects managers to act "with more intensity," Insider reported. That and other company news, including comments from CEO Mark Zuckerberg, made it clear that jobs were at stake. Employees needed to build high-performing teams, prioritize ruthlessly, and maximize team time.
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