Meta's employees could get lower bonuses in 2023. Meta employees might soon find their bonus payouts a bit lower than expected. Facebook's parent company recently released an internal memo stating it is planning to lower some bonus payouts while also making employee performance assessments more frequent.
Meta's year of efficiency won't come without cost, it seems. Meta is back at it again with the layoffs. The California-based tech giant is reportedly planning to initiate another round of layoffs this week as part of its efforts to remain true to its "year of efficiency.
Some of Meta's employees are being paid to do nothing. Meta's "year of efficiency" might not be so efficient after all. The Menlo Park-based tech giant is currently suffering from a lack of clarity just before the upcoming layoffs, meaning that some staff is being paid to do absolutely nothing.