Tag: Mark Zuckerberg
Is Meta lowering bonus payments of some staff members?
After firing 11,000 people last year and announcing the layoff of 10,000 more in early March this year, Meta now plans to cut down...
Leaked email from Mark Zuckerberg surfaces online
A leaked email from Meta CEO Mark Zuckerberg has recently surfaced online, which asked an employee to resign due to inaccurate information about the...
‘Did Zuckerberg take pay cut?’ ask irked Meta staff
The mass layoffs at Meta have disturbed the workforce with members expressing their disappointment at these drastic cost-cutting measures. Some employees are even questioning...
Is Meta asking managers to become individual contributors?
It is reported that Meta, the Company that owns Facebook and Instagram, is asking its managers and directors to work as individual contributors. If...
Meta’s middle managers are now on notice
Having sacked over 11,000 employees in a layoff news that created waves, Meta is now looking to axe middle-management roles.
The tech giant has already...
Are layoffs justified in a business downturn?
Of late, headlines have been all about layoffs, downsizing and retrenchment. All the big tech firms— including Amazon, Microsoft, Facebook’s parent company Meta and...
Here’s what Meta is offering to its 11K severed employees
Sixteen weeks of base pay plus two additional weeks for every year of service, with no cap is what Meta, the parent company of...
Meta to cut costs, freeze hiring, restructure groups
Is Meta experiencing a crisis? That is the question uppermost in the minds of most people as the parent company of Facebook has announced...
Meta’s contractual workers protest, seek fair contracts
With Meta, earlier Facebook, considering downsizing, many contract workers marched in protest at the Company’s headquarters. These unionised workers are seeking fair contracts.
As per...
Following ‘capsule wardrobe’ like Jobs or Zuckerberg doesn’t prove anything
Are you also a fan of the ‘capsule wardrobe’ like many others across the world? Do you also believe in maintaining a collection of...
Mark Zuckerberg warns employees about repercussions of poor performance
In a weekly interaction with employees, Mark Zuckerberg, CEO, Meta, which owns Facebook, has indicated that the Company will up the heat in terms...
Meta to reduce hiring of engineers
Expecting a recession, Meta Platforms Inc. has decided to hire lesser number of engineers than it had initially planned.
Instead of 10,000 new engineers that...
How managers can keep proximity bias at bay amidst hybrid working
Globally, many tech firms have allowed their employees to work from home permanently even after the pandemic ends. A recent example is of Facebook,...
Facebook allows staff to continue WFH, hints at pay variability
Facebook is allowing its employees to apply for permanent work-from-home or remote working roles, with approval from their superiors or managers. The social- media...
Zuckerberg worries about ‘bullying’ while employees question company policies
In late May, President Donald J. Trump uploaded a post on Facebook against the Mayor of Minneapolis and calling him out for his alleged...
Disappointed Facebook staff protest CEO’s inaction, boycott work
The staff of Facebook expressed their disappointment in their CEO, by taking the day off work on June 1 and virtually walking away from...
Mark Zuckerberg losing popularity among employees
Employees at Facebook seem to like their CEO, Mark Zuckerberg, much less now. According to a survey by Glassdoor, for the very first time...
Does the CEO of Facebook earn only about Rs 70 a...
The CEO of Facebook, Mark Zuckerberg, draws a salary of only one dollar annually, that is, about Rs 70. This has been his salary...
Facebook’s not-so-pleasing inside story through an ex-employee’s lens
Antonio Garcia Martinez, reveals in his book that Mark Zuckerberg is a tough boss and his company follows strict policing when it comes to women’s attires.