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Yes but this being made into a formal process and having to regularly interact with that process is what's so draining.

Not having to deal with this is one of the positives about working in a small startup versus a long-established large corporate.

In big teams you are right it almost is inevitable.

It is not in small (say below 5 people) teams/ organisations. At least not in the ones I worked in.

No, not to the extent that it was and is the case at FB. I think people who haven't worked at FB don't quite understand the degree to which PSC culture pervades the company. It's absolutely more intense than Google, Apple or Microsoft, though I'm not as sure about Amazon. Valve seems differently intense in a way that I think is a negative overall.

A bit pithy, but: The goal of most enterprises is to build useful goods and services for its customers. The goal of Meta is to evaluate its employees.