Meta cracks down on low performers staffer says feels like a 'witch hunt'
businessinsider.com
businessinsider.com
If you highly value long-term employment stability, it would be better to look for a role in a state, government, educational (or similar) organization. It won't be nearly as highly-paid, upwardly-mobile or prestigious but you'll generally have a better chance of staying employed even if you remain in the 'middle of the pack' performance-wise.
The problem is that your "If" rarely happens in the real-world. In situations of competitive evaluative performance, the person who loses out usually doesn't agree with the outcome of the process and the 'winners' rarely have reason to complain or post about it.
Certainly there must have been situations where external variables (product cancellation or whatever) result in layoffs of non-bottom-10%-ers. But in high-growth tech companies, this instability is simply an ambient fact of life. My point was that highly-paid, high-skill tech roles in FAANG-type growth companies come with higher variability, some of which is going to be out of the employee's control. These jobs typically come with total comp packages which can be worth millions of dollars over time due to equity grants. That's there to compensate for the variability.
Amazon hires to fire due to it. Microsoft moved away from it, but had known issues with sabatogue across teams/projects.
Most corporate places I have worked at have generally done a good job giving me reliable performance reports (I've never been on a PIP but I hear it's incredibly common). Like, no one should ever be blindsided that they are underperforming.
It's still unfair, but doesn't disproportionately affect a specific group as much.
https://en.wikipedia.org/wiki/Decimation_(punishment)
Romans knew what they are doing!
More than likely Facebook (sorry, Meta) will probably do it by team and trim underperforming departments. A low performer in an important department is probably more likely to stick around than a high performer in a money pit.
It's probably one of the more rigorous systems in the tech industry that at least avoids this kind of bias, though there are certainly ways it can be gamed.
Objectively evaluating performance of somebody who is smarter than you is incredibly hard, and sliding into using "s/he is a nice person" metric instead, is an easy way to avoid that hard work.
However, there are still people who are bad at their job and are not good enough at politics/networking to survive a layoff/firing. And there are a set of people who are not liked by an incompetent manager and will also probably be managed out who do not deserve it and are good workers.
So you lose some at the top, some at the bottom, and some in the middle. The issue for Meta, will these actions be able to get rid of enough of the unproductive people to be worth it?
The other issue: morale always goes down after these kinds of things. So I think there is a good chance that overall productivity will go down as people do enough not to be marked for firing, but are not motivated to go above and beyond.
I personally think that Mark Zucherberg doesn't have the charisma to deliver this message in a way that doesn't actually cause harm to the company. But time will tell.
Why can't I filter my feed to strip out news items and only see personal updates and photos? Why isn't news in it's own section, like groups, marketplace, etc.? Why is disinformation labeled, rather than hidden by default? Why is violent content ignored, yet a nipple will get your account banned? Why can't I simply pay money and turn off ads? Why can't I set my feeds to chronological order permanently? Why can't I turn off suggested content? Why isn't the profile information and interests I explicitly entered respected rather than being solely based on AI analysis of my activity?
They literally have no excuses. If they're eating their own and demoralizing the rest? Great.
Do you also despise news organisations, magazines, and so on? Or are they deliberately propaganda, so it’s excusable?
I guess this is just how some people rationalize unethical behavior.
Nobody should have sympathy for the clowns that choose to work at Meta at this point. They can find work elsewhere.
While talented I doubt they would work at a “lesser” company and instead just wait around for the next cool thing.
"I suspect" = "I really don't know anything." "many employees" = "I really have no idea." 2? 2k? So if you worked at a company of say, 400 people, and 3 of them had trust funds, this would apply, and by extension, apply to you.
This is literally no better than the comments about Mexico sending over their rapists and murders. Did Central American rapists and murderers cross the border? No doubt. Were they the majority? High improbable. Did they top 10%? If so, given the number of illegal crossings, Central America should be the safest place in the world by now, what with all the criminals now in the US.
I work at a startup with ex-Facebook, ex-Google, etc people. I have yet to see any evidence of trust funds.
Facebook and the others will usually come out stronger and leaner at the other end.