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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 Top Growth Stock Recommendations 】.
“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.”
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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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