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Employee Management

All articles tagged with #employee management

business1 year ago

"Amazon's HR Data Reveals Surge in Employees Placed on PIPs Amid Layoffs"

An official Amazon HR document obtained by Business Insider revealed a significant increase in employees placed on performance-improvement plans (PIPs) during a period of record layoffs. The document showed a spike in the number of employees entering the initial stage of Amazon's PIP process, known as Focus, as well as the second phase, Pivot. This increase in PIPs coincided with 27,000 layoffs announced by Amazon, raising concerns among employees about a "quiet firing" strategy. Amazon's spokesperson acknowledged the high performance bar but denied any connection between the layoffs and the PIP process, stating that the company's performance management process aims to help employees improve and is not used to reduce the employee base.

via Business Insider|
#amazon#business#employee-management
business1 year ago

"Tesla Employees Fear Layoffs as Company Prepares for Job Cuts"

Tesla managers in the U.S. have been asked to identify critical positions, fueling speculation about potential layoffs at the electric-car maker. The company's recent cancellation of some employees' performance reviews has added to the concerns. With a workforce of over 140,000 employees worldwide, Tesla's recent quarterly earnings disappointed Wall Street, and its vague outlook has raised worries about slower growth. The demand for electric vehicles has cooled, leading to concerns about profit margins and the timing of Tesla's lineup refresh. Despite a recent stock gain, Tesla shares have slumped more than 24% this year, contrasting with broader market gains.

via MarketWatch|
#business#electric-vehicles#employee-management
business2 years ago

Tech Executives Make Bold Moves: From PIPs to Funding Rounds, Here's What's Happening

Jack Dorsey, founder of Block, has announced that the company will be ending performance reviews and performance improvement plans (PIPs) in favor of constantly evaluating employees and parting ways immediately if necessary. Dorsey also named Dhanji Prasanna as the new CTO. These changes come as part of Dorsey's efforts to build a culture of excellence at Block.

via Business Insider|
#block#business#cto
business2 years ago

"Amazon and Nike Implement Strict Office Attendance Policies, Threatening Employee Termination"

Amazon has updated its return-to-office guidelines, allowing managers to effectively fire employees who do not comply with the company's three-times-a-week office attendance mandate. Managers are instructed to hold private conversations with non-compliant employees, document the discussions, and take disciplinary action, including termination, if necessary. The move comes after significant opposition from employees who were hired as remote workers during the pandemic and see the return-to-office policy as a shift from previous flexibility. Amazon's CEO has warned that resistance to the mandate will not be tolerated, and the company claims that the majority of employees are now in the office more frequently, with exceptions made on a case-by-case basis.

via Business Insider|
#amazon#business#employee-management
technology2 years ago

Mark Zuckerberg's leaked email reveals rage and demands for resignations.

A leaked email from 2010 shows that Mark Zuckerberg, then CEO of Facebook, raged at his employees and ordered them to resign after an internal plan was leaked to a news outlet. Zuckerberg warned that anyone who leaked internal information should resign immediately and that all employees should assume everything they do is confidential. The email's leak came from the "Internal Tech Emails" Twitter account. Zuckerberg has recently fired thousands of employees from his new company, Meta.

via Yahoo Finance|
#employee-management#facebook#leaked-email