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Everyone at Meta should know the score. Meta pays top dollar. They also pay enormous sums for what management identifies as performance. Conversely, Meta is r
by HardCodedBias 5mo ago
Everyone at Meta should know the score.
Meta pays top dollar. They also pay enormous sums for what management identifies as performance.
Conversely, Meta is ruthless about cutting those management identifies as low performers.
This is the deal going in. It’s not a crime.
- swiftcoder 5mo ago> Conversely, Meta is ruthless about cutting those management identifies as low performers. Thats what the normal Meta up-or-out promo/comp structure is for. This sort of thing hasn't been about that for a while. Sure, they will say they stack ranked the company and fired the bottom 10%, but given how many layoffs they've done, at this point it's just an ongoing brain drain. (I departed when the writing was on the wall for the '21 layoffs)
- aprilthird2021 5mo agoThis is in addition to performance cutting just fyi. I get what you're saying but this isn't that
- mr_toad 5mo agoWhen Meta was a question mark, or a star performance was all about growth. But now it is a cash cow, performance has a different meaning. Efficiency is the name of the game, and efficiency is not synonymous with high salaries or headcount. https://en.wikipedia.org/wiki/Growth%E2%80%93share_matrix https://en.wikipedia.org/wiki/Growth%E2%80%93share_matrix
- zeroonetwothree 5mo agoLayoffs are not the same as performance terminations