Furious During an all-hands meeting, Mark Zuckerberg was asked if Facebook’s extra Meta “vacation” Days would continue post-pandemic. He could not conceal his annoyance.
During a company-wide forum on June 30, a Chicago-based employee asked the internet-giant CEO, 38, about the additional days off that were implemented during the coronavirus pandemic.
A “bunch of people” at his company, according to Zuckerberg, “shouldn’t be here,” and part of his plan to raise Meta’s standards is to make people realise “this place isn’t for you.”
According to The Verge, when Facebook employee Gary questioned whether the additional vacation days introduced during the pandemic would continue in 2023, Zuckerberg allegedly became “visibly frustrated.”
In response to the prerecorded query, Zuckerberg said: “Um…all right.
Given my demeanour throughout the rest of the Q&A, you can probably guess how I feel about this.
The wealthy Zuckerberg continued: “Realistically, there are probably a lot of people at the company who shouldn’t be here” in the video that was obtained.
And I think some of you might just say that this place isn’t for you, so part of my hope by raising expectations, having more aggressive goals, and just kind of turning up the heat a little bit.
And I have no problem with that self-selection.
Facebook stopped conducting performance reviews during the pandemic and instead gave all employees a “exceeds expectation” grade, a $1,000 cash bonus, and additional time off.
Following the release of the contentious transcript, a representative for Meta, Joe Osborne, stated: “Any company that wants to have a lasting impact must practise disciplined prioritisation and work with a high level of intensity to achieve goals.”
The reports regarding these initiatives “are consistent with this focus and what we have already made publicly known about our operating style.”
The remarks follow Zuckerberg’s exclusion from the top ten list of billionaires in the world in March as a result of his collapsing Meta stock.
He currently holds the No. 17 spot on the list and has lost a significant $64.4 billion, which is more than his $61.1 billion net worth at the moment.
The probe into Sheryl Sandberg’s usage of company resources to assist in planning her upcoming wedding led to her resignation as chief operating officer of Meta earlier in June.
Sheryl did not improperly exploit business resources in connection with the arranging of her wedding, a Meta spokesman insisted to DailyMail.com, despite the sources’ claims that the probe was still ongoing.
The insider source continued, “This has nothing to do with Sheryl’s departure from the company.”
Following a shocking whistleblower report last year that revealed the company was well-aware of the negative effects Instagram was having on teens but did little to change, the parent company, Meta Platforms, founder Mark Zuckerberg, and other executives have come under increasing pressure to re-evaluate their social media services.
And now that Goldman Sachs economists have doubled the likelihood that the US economy will enter a recession in the upcoming year and have cut their growth outlook because of worries about inflation and interest rates, the Pao Alto-based company fears more backlash over its attempt to expand consumerism on its digital platforms.