Facebook Reportedly Laying Off Thousands of Employees

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Insider reports that Facebook is planning a mass round of 'quiet layoffs,' which could impact up to 15 percent of the entire company.

where Facebook CEO Mark Zuckerberg announced a hiring freeze and a plan to "manage out employees who aren't succeeding" — Zucko commanded managers to label 15 percent of their team members as someone who "needs support."

Per Facebook's employee review process, anyone who "needs support" is then put on what they call a "performance improvement plan," or PIP. Although in this case, employees seem to believe that "PIP" actually translates to "You're Screwed." "These 15 percent will likely be put on PIP and be let go," one Facebook worker reportedly posted on an anonymous forum called Blind, a popular app in Silicon Valley. Once they're on PIP, sources say, employees will then have 30 days to either apply to another position in the company or depart entirely.

Managers are at risk, too — one source alleged a number of them have already been PIP'd and told to find new jobs. "It might look like they are moving on," the source explained, "but the reality is they are being forced out."But while Zuck is clearly wanting to keep this massive workforce slash on the hush-hush, Meta's last few quarters speak loudly (as does

 

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Faceplant a Novel...

EdZackary HOW does the occasional corporate thinning of the herd or uptick in hiring qualify as a lead-in Cover Story for a Mews Blip Org called “Futurism” ? Was the name BOREDUMB already taken?

You seem to be using technologies tat are decades old. Do you recall ‘Second Life’or many of the interactive games?

LOL, my Facebook use is 90% down because of their all around terrible site and censorship. A turbocharged Twitter dedicated to free speech will eat their lunch and be the hub of the world.

Tell them the world is great in Metapixels.

And Twitter will be next during the Muskocalypse

Where's the augmented reality AR? There was a lot of talk but just virtual reality VR

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