Gotta get creative with your layoffs when you already did massive layoffs but still need to please wall street.
Yeah the pooling funds part confuses me. What is the damn issue?
Well, they also just straight up laid off 9,000 people this week so they are clearly in a mood to get rid of people. And I suppose they don’t mind firing people for small infractions because it accomplishes two things for them:
- no severance required
- sets an example and scares people into obedience
Free food is after all a perk that most people don’t get at work. And it’s just the tip of the iceberg of perks that Meta employees get. I know for a fact that executives get sick and tired of employees being spoiled by all this and they probably took personal enjoyment in these terminations.
I agree, this stinks of petty gotcha, which is why i dont think its a good idea, as remaining employees with devalue those perks and stop working for Meta as a result.
And yes, these are perks above all else, but remember Meta created these incentives to keep people in the office longer without having to pay them (a lot) more. A few people abusing it in order to ensure the majority of workers stay nights and weekends (at small satellite offices) is a small price. Now? “Hey, worker X, staying late tonight?” “No, going home to eat, don’t want to make a mistake on ordering Uber Eats and get fired” means you don’t get 5-40 hours per week extra time from that worker X. And you already paid for the vouchers, so you don’t save money. Also other workers won’t stay because more people leave.
Granted we are talking Mark Z here, so eating food is probably too alien for him to understand.
