Inside Track
Facebook Poised for Exodus of Current Employees
In the midst of one scandal after another, Facebook — already dealing with plummeting stock prices — is also facing what could prove to be an exodus of its workforce. Current employees are increasingly reaching out to former employees to ask for job references and opportunities outside the social-media giant. CNBC reported December 2: “Some former Facebook employees say their phone is ringing a lot more in the last two months. On the other line: former Facebook colleagues asking about job openings or looking for a reference.”
The report also mentioned a former Facebook recruiter who said he has heard from more than 30 current Facebook employees in the past year — roughly half of those in the past two months alone. He said the typical comment he hears from most of these contacts is, “My manager sucks, and I need to look for something new. Do you know of any new opportunities?”
Because Facebook classifies departing employees as either “regrettable” or “non-regrettable” attrition, and since being blacklisted by the company decreases the likelihood of offers from other top-tier Silicon Valley companies, Facebook employees thinking of leaving have to carefully plan their departures. “The way you do it and the timing matters a lot, and it requires knowledge of the game,” according to a former Facebook engineer. A former manager agrees, saying that a bad recommendation from Facebook is enough to make your name “like Voldemort,” adding, “It’s a name you can not say.”
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