Top CEOs across the globe are demanding more from their employees as Artificial Intelligence (AI) threatens job security in top companies. Meta Platforms Inc. is one of the many tech giants pushing for enhanced work efficiency and measurable output from employees.
Chief Executive Officers like Unilever Plc's Fernando Fernandez, Nestlé's Philipp Navratil, Citigroup Inc's Jane Fraser, and Novo Nordisk's Mike Doustdar are sounding the alarm for employees to either outperform or face being replaced by bots.
Companies are now seeking to move away from awarding 'mediocre' performance and demand more from their employees to enhance their market standing.
Nestlé's Navratil aims to flip the company's culture by becoming 'ruthless in assessing our talent, our people' and has introduced reforms such as granting employees listed as 'unsatisfactory' no more than half of their potential bonus.
Meta Platforms Inc. has begun lay-offs as part of a previously announced restructuring aimed at cutting costs as the company pivots towards investing in artificial intelligence.
The trend is clear: either outperform or exit the door.
