Wednesday, March 29, 2023

Facebook parent Meta is bringing Google-like review system for bonus payouts: Report

Citing an internal memo, Wall Street Journal reported that Meta is planning to lower bonus pays for some employees and assess staff performance more frequently. The report also mentioned that employees who get a rating of "met most expectations" in their 2023 year-end reviews, will receive a smaller percentage of bonuses and restricted stock award due in March 2024. https://ift.tt/jnaT74A

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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...