U.s., Primate

San Francisco, April 4 Meta (formerly Facebook) is no longer listing new remote positions, as managers have reportedly been forbidden from posting new listings with a remote-work option.According to SFGate, a Meta spokesperson said, "the delisting of remote positions is temporary.""We remain committed to remote work. We've merely temporarily paused new remote work applications as leaders complete the restructuring work that Mark (Zuckerberg) announced last month," the spokesperson was quoted as saying in the report.The company's remote-friendly key description "Remote roles are now available in the US, Canada, and Europe, and we'll continue to add more roles in more locations as they become available" has also been removed from its website.In the March notice to employees, Zuckerberg had said that engineers who joined in-person or fully work in person generally "performed better on average than people who joined remotely."He, however, added that the social media platform is "committed to distributed work."After laying off 21,000 employees in two job cut rounds, Meta is further looking to cut costs, and has reportedly plans to lower bonus payouts for some workers in its 'Year of Efficiency'.Employees who get a "met most expectations" rating in performance review will get a smaller percentage of their bonus and restricted stock award which are due in March 2024, the Wall Street Journal reported.Thousands of workers have received the affected pay grade in a recent review round."We're making changes to our performance process taking into account learnings and feedback over the last year while optimising for the future. These changes are not related to workforce restructuring," a company spokesperson was quoted as saying.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

U.s.FOLLOW

U.s., Latest News

New Delhi, April 5 US-based Hyland Software, which has an office in Kolkata, has announced to lay off ... ...

Washington, April 5 Lake Powell, the second-largest reservoir in the US, has seen a slight rise in water ... ...

San Francisco, April 5 Elon Musk-run Tesla remains the market leader in the electric vehicle (EV) market in ... ...

Riverside (California) [US], April 4 : A study has shown the biological foundations of a reproductive problem brought on ... ...

Washington [US], April 4 : The removal of liver cells that have undergone apoptosis, in which cells are intended ... ...

Thiruvananthapuram, April 4 Though Kerala is going through its worst-ever financial crisis and despite facing flak for "frequent" ... ...

New Delhi, April 4 As conversational artificial intelligence (AI) becomes a talking point on social media, representatives from ... ...

San Francisco, April 4 Meta (formerly Facebook) is no longer listing new remote positions, as managers have reportedly ... ...