This isn't strictly true. I do think they are going to lose some number of the highest performers because they have options and they will realize they can go somewhere else.
However, there are still people who are bad at their job and are not good enough at politics/networking to survive a layoff/firing. And there are a set of people who are not liked by an incompetent manager and will also probably be managed out who do not deserve it and are good workers.
So you lose some at the top, some at the bottom, and some in the middle. The issue for Meta, will these actions be able to get rid of enough of the unproductive people to be worth it?
The other issue: morale always goes down after these kinds of things. So I think there is a good chance that overall productivity will go down as people do enough not to be marked for firing, but are not motivated to go above and beyond.
I personally think that Mark Zucherberg doesn't have the charisma to deliver this message in a way that doesn't actually cause harm to the company. But time will tell.
However, there are still people who are bad at their job and are not good enough at politics/networking to survive a layoff/firing. And there are a set of people who are not liked by an incompetent manager and will also probably be managed out who do not deserve it and are good workers.
So you lose some at the top, some at the bottom, and some in the middle. The issue for Meta, will these actions be able to get rid of enough of the unproductive people to be worth it?
The other issue: morale always goes down after these kinds of things. So I think there is a good chance that overall productivity will go down as people do enough not to be marked for firing, but are not motivated to go above and beyond.
I personally think that Mark Zucherberg doesn't have the charisma to deliver this message in a way that doesn't actually cause harm to the company. But time will tell.