Facebook headquarters could soon look a little different if Mark Zuckerberg follows through on threats to thin the working herd.
As Yahoo Finance reported, the Meta CEO, in a recent Q&A session with staffers, said that he plans on “turning up the heat” on performance goals in order to assist with weeding out employees “who shouldn’t be there.”
The news comes in the wake of Zuckerberg commenting on the state of the economy last week, and announcing an upcoming round of downsizing that will take place in the company’s engineering sector.
“Realistically, there are probably a bunch of people at the company who shouldn’t be here,” Zuckerberg reportedly said to Reuters in a recording.
He added: “Part of my hope by raising expectations and having more aggressive goals, and just kind of turning up the heat a little bit, is that I think some of you might decide that this place isn’t for you, and that self-selection is OK with me.”
— New York Post (@nypost) July 1, 2022
“If I had to bet, I’d say that this might be one of the worst downturns that we’ve seen in recent history,” Zuck said, according to CNBC.
CNBC reported: “Meta has reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers, Zuckerberg said.”
The announcement also comes on the heels of the social media company having 28% more staffers at the end of the first quarter of 2022 than it did last year.
“Meta was forced to impose a hiring freeze in May across several divisions of the company to shore up earnings—and slowed the pace of hiring in its Reality Labs division, the unit tasked with building its metaverse,” Yahoo Finance noted.
Meta’s chief product officer, Chris Cox, wrote in the same memo regarding the downsizing that the company needs to “prioritize more ruthlessly,” and “operate leaner, meaner, better executing teams.”
“I have to underscore that we are in serious times here and the headwinds are fierce. We need to execute flawlessly in an environment of slower growth, where teams should not expect vast influxes of new engineers and budgets,” Cox wrote.