Meta CEO, Mark Zuckerberg has said he’s “flattening” the organization’s structure and has talked of seeking additional efficiencies. Drew Angerer/Getty Images
Meta could be gearing up for more layoffs after the company gave “thousands” of workers low performance reviews, according to a recent report from The Wall Street Journal.
The publication cited people familiar with the issue who said the company anticipates the poor ratings will prompt some people to look for work elsewhere and leave the company in the weeks ahead.
About 10% of Meta staff received reviews that indicated they were underperforming, which is a higher number than in previous years, The Journal reported. Workers who receive two reviews that indicate they are underperforming in a row are put on an improvement plan, the publication said.
Read more here: https://www.businessinsider.com/meta-signals-more-layoffs-thousands-low-performance-reviews-report-2023-2?_gl=1*15biktu*
