In the world hit by the economic crisis, companies also resort to various strategies to survive. While many large companies limit their hiring during this process, they also try to narrow their staff. Meta, the umbrella organization of Facebook and Instagram, is preparing to take various steps in this regard.
Mark Zuckerberg hopes his employees are forced to leave
Meta CEO Mark Zuckerberg answered questions at a session he attended the other day. Making statements about growth targets, Zuckerberg announced that various measures will be taken. The successful CEO stated that they will switch to a stricter policy on the company’s declining performance. Accordingly, company insiders will spend more effort to work at Facebook.
Meta has already started austerity policy. Facebook, a subsidiary of Meta, announced in May that it was pausing hiring due to “lower-than-expected revenue growth.” The company, which is not satisfied with this, may terminate the employment of its current employees with its new policy.
Zuckerberg states that in the new period, his employees will be given much more challenging tasks. With much more challenging goals coming, Facebook predicts current employees may leave jobs. Mark Zuckerberg also said in a statement that he hopes more aggressive targets will cause some staff to leave. The CEO used the following statements in his statement:
By raising expectations, setting more aggressive targets, and simply switching to stricter policy, I hope to show some that this place is not for them. And this natural selection is perfectly fine with me.
Zuckerberg seems to draw lightning with this statement. The CEO expects people who refuse to work under harsh conditions to quit on their own. The company also reduced its target of hiring 10,000 engineers this year to between 6 and 7 thousand.
Working on Facebook seems to be getting more and more difficult. Let’s see what other ways companies will follow to take economic measures in the future? So what do you think about this policy of Meta? You can share your views with us in the comments section.
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