Horrible Boss: Over 70 per cent of Meta employees say that Mark Zuckerberg is a terrible leader
In an internal survey conducted at Meta, over 70 per cent employees have rated CEO Mark Zuckerberg's as a bad leader and a terrible boss. Given the recent mass layoffs, and how they were conducted, employee morale is at an all time low at the company
In an internal survey conducted at Meta, over 70 per cent employees have rated CEO Mark Zuckerberg's as a bad leader and a terrible boss. Given the recent mass layoffs, and how they were conducted, employee morale is at an all time low at the company
Meta CEO Mark Zuckerberg is working towards improving the company’s financial performance and has implemented strict measures to achieve this goal. At the start of this year, Zuckerberg declared 2023 as the ‘year of efficiency’ and expressed the company’s focus on becoming ‘stronger and more agile’ during an internal meeting.
However, the year of efficiency did not bring positive news for Meta employees. In March, the tech giant announced the termination of 10,000 employees, following the termination of 11,000 jobs in the previous year.
Mark Zuckerberg is a terrible boss, say Meta employees
Recently, an internal survey conducted by Meta revealed that the majority of employees are dissatisfied with Zuckerberg’s leadership style. According to a report by the Wall Street Journal, only 26 per cent of employees expressed confidence in his leadership.
Related Articles
This marks a decline of 5 per cent compared to a previous survey conducted in October 2022. The latest survey was conducted prior to the company’s recent round of layoffs in May. Additionally, 43 per cent of employees stated that they feel ‘valued’ at the company.
Low morale among Meta employees
The report also highlights that the mass layoffs at Meta have negatively impacted employee morale. Last month, the company carried out another round of layoffs. Although the initial announcement in March mentioned 10,000 layoffs, only 4,000 employees were let go at that time. The remaining 6,000 employees were informed about their termination in May.
Employees affected by the layoffs took to LinkedIn to share their experiences. One employee mentioned receiving the layoff notification at 4:30 am and expressed the anxiety and anticipation leading up to that moment.
Layoffs had nothing to do with performance
Another employee revealed that despite receiving excellent performance reviews, she was still laid off. Many employees echoed the sentiment that the layoffs were not based on performance.
In a recent company-wide meeting, Mark Zuckerberg expressed his desire for Meta to achieve ‘more stability and less bureaucracy’. According to a report from The Washington Post, the CEO stated his intention to lead Meta to a ‘scrappier place’.
He acknowledged that the process of restructuring, layoffs, and implementing changes is challenging, and emphasized that the goal is not to return to the exact previous state but rather to transform the company into a more agile and dynamic organization.
Read all the Latest News, Trending News, Cricket News, Bollywood News,
India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.
also read
AI Stealing Human Jobs: Over 4000 techies lost their jobs to AI in May 2023 alone
Over 80,000 people lost their jobs in formal sectors all around the world in May 2023. Of these, at least 4000 software engineers and techies lost their jobs because of AI. With AI becoming more pervasive, career advisors believe it is time for engineers to shift gears
Here’s the first look of Instagram’s upcoming Twitter competitor, codenamed Project92
Meta-owned Instagram had announced that they would be taking on Twitter and launch a platform similar to the blue bird app. In an internal meeting at Meta, an executive unveiled a sneak peek of the app, which is codenamed Project 92
Russia fines WhatsApp for not removing banned content
Russia banned WhatsApp from operating in the country and branded it as an "extremist" platform. The case that invited the fine involved a chat group that offered an anti-depressant whose sale is forbidden in Russia