3rdPartyFeeds

Zuckerberg Calls Staff ‘Metamates’ in Memo Outlining New Vision

(Bloomberg) -- Mark Zuckerberg unveiled a list of principles for work at Meta Platforms Inc. in which he calls its employees “Metamates.”Most Read from BloombergElon Musk Donated $5.7 Billion of Tesla Shares to CharityTrump's Accountants Just Quit. What Took So Long?U.S. Offers Support After Banks Face Cyber Hit: Ukraine UpdatePutin Seeks Diplomatic Solution Amid ‘Partial’ Troop PullbackU.S. Accuses Zero Hedge of Spreading Russian PropagandaThe founder of Facebook, which changed its name in Dece Read More...

(Bloomberg) — Mark Zuckerberg unveiled a list of principles for work at Meta Platforms Inc. in which he calls its employees “Metamates.”

Most Read from Bloomberg

The founder of Facebook, which changed its name in December to reflect a newfound focus on the so-called metaverse, laid out his vision for internal culture in an employee memo he shared on Tuesday. The familiar Move Fast motto remains, joined by Build Awesome Things, Live in the Future, Focus on Long-Term Impact and Be Direct and Respect Your Colleagues.

Meta’s chief executive officer said it is now “a distributed company” and gave a nod to its international nature by saying “we will continue hiring around the world.”

Zuckerberg mentioned the employee label in his conclusion: Meta, Metamates, Me. As explained by Meta executive Andrew Bosworth on Twitter, it’s a naval reference. “It’s about the sense of responsibility we have for our collective success and to each other as teammates,” Zuckerberg wrote.

His post generated a mix of enthusiasm and derision online. Some social media users pointed out the slogan put the company first and the worker last. Others applauded the billionaire’s comments.

Meta has weathered a succession of hits to its public image in recent times after whistle-blower Frances Haugen ignited debate about whether the company prioritized profit over social responsibility. This month, the Facebook parent lost about $251.3 billion of market value after unveiling disappointing results, the biggest wipeout in market value for any U.S. company ever.

Most Read from Bloomberg Businessweek

©2022 Bloomberg L.P.

Read More

Add Comment

Click here to post a comment