Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "TPMs"


3 mentions found


A tough annual performance review season at Meta and a newly permanent state of "efficiency" has some workers preparing for the worst. The company's months-long process of evaluating individual employee performance for 2023 is wrapping up this week, with tens of thousands of workers receiving feedback from Meta managers. The company recently told employees that their bonuses would be increased due to the company's financial performance over the last year. Advertisement"Meta has always done a lot of reorgs, moving people around, eliminating teams," a third person familiar with the company said. An employee previously told BI that employees deemed to have subpar performance "will be pushed out, one way or another."
Persons: Mark Zuckerberg, Zuckerberg, Meta, Kali Hays Organizations: Service, Meta, Business, Big Tech, Reality Labs Locations: Meta, Instagram, khays@insider.com
Read previewMeta is expected to broaden its cut of technical program managers beyond the recent elimination of that role at Instagram. The TPM role is poised to be "consolidated" into the PM role in several organizations within Meta, one of the people familiar said, likely impacting hundreds of jobs. By eliminating the TPM role at Instagram, more than twice that many people are ostensibly competing for available PM roles. Meta workers face tougher performance reviewsAlong with cuts to TPM roles at Meta, annual performance reviews are wrapping up, with results to be delivered to employees early next month. The Meta spokesman said the company's approach to low-performance rankings "is not any different than it's been in the past."
Persons: , TPMs, Mark Zuckerberg, Meta, it's, Kali Hays Organizations: Service, Business, Facebook, Reality Labs, Meta, Amazon, Google Locations: Instagram, khays@insider.com
On Wednesday, thousands of Meta workers received early morning emails on if they still had jobs. Meta began another round of layoffs on Wednesday, and employees were again left to figure out for themselves which jobs, levels, and teams were impacted by the cuts. How the layoffs happenedThousands of tech and engineering workers received emails over the course of about two hours on Wednesday morning. Laid off workers generally received 16 weeks of severance and benefits coverage for a year, as those laid off in November received. Impacted jobsHere is a running list of what types of jobs and certain teams at Meta were impacted by this round of layoffs.
Total: 3