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“I’ve decided to raise the bar on performance management and move out low-performers faster,” CEO Mark Zuckerberg said in an internal memo viewed and first reported byBloomberg. A company spokesperson confirmed the accuracy of Bloomberg’s report to 【 - Free Signals Group 】.
“We typically manage out people who aren’t meeting expectations over the course of a year,” he continued, “but now we’re going to do more extensive performance-based cuts during this cycle.”
What is causing the price volatility of Meyer Apparel Limited (531613) ✌️【Online Trading】✌️ Free stock selection services backed by expert predictions. Our advanced analytics and real-time market data will help you stay ahead of the competition and make smart, profitable investment decisions. The announcement comes during a period of turmoil and rapid policy changes by Zuckerberg. Two weeks ago, Meta replacedits top policy executive with a prominent Republican. And last week, the company announced it wasending its third-party fact-checkingprograms in the United States andchanging its hateful conduct policies, allowing some new types of content on Meta-owned platforms that were previously banned.Some of that content includesreferring to “women as household objects or property” or “transgender or non-binary people as ‘it,’” according to a section ofthe updated policy.
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“I kind of think in 2016 and the aftermath I gave too much deference to a lot of folks in the media who were basically saying ‘Okay, there was no way (Donald Trump) could’ve gotten elected except for misinformation. People can’t actually believe this stuff,’” Zuckerberg said.
Critics of these recent policy changessay they are being used to curry favor with President-elect Trump and the incoming government.
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