Facebook parent updates company values

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CEO Mark Zuckerberg told employees to “act fast” and “live in the future” as Meta becomes an increasingly “distributed” company.

Facebook parent company Meta updated its company values ​​in the first major change since 2007, with employees now called “metamates” to reflect their mission of building the metaverse.

In a Facebook post, CEO Mark Zuckerberg shared with the world new values ​​for Meta employees that must guide their work, such as “move fast”, “live in the future” and “Meta, metamates, me”. . The latter refers to a naval slogan “ship, shipmates, self” that has been used by Instagram.

Facebook’s original slogan was “move fast and break things”, which was later changed to simply “move fast”. Now Meta is aiming to “move quickly together” as a company, Zuckerberg said, a move that could be an attempt to boost employee morale after a wave of bad publicity in recent years.

The message followed a virtual meeting between Zuckerberg and Meta employees yesterday (February 15), during which he revealed and detailed the company’s new values ​​as part of a series of changes, starting with the company’s big name change, to focus on the metaverse – a virtual world where people work and socialize using AR and VR.

“At the end of last year, we put a flag in the ground with Meta as our new name and vision for the future. As we enter this next chapter and continue to grow, I think it’s important to be intentional about how we work and what values ​​we emphasize,” he wrote in the note to “metamates” posted on Facebook.

“Many things have changed”

Zuckerberg said that while the current company values ​​written for Facebook in 2007 “have been remarkably enduring,” they need to be updated because “a lot has changed during that time.” He mainly pointed to the fact that Meta is now a “distributed” company with employees all over the world – and the new values ​​are an attempt to unite them in the same direction.

However, some employees were not happy with the new values, which they saw as a form of corporate indoctrination according to three people familiar with the matter who spoke to The Washington Post.

Zuckerberg wrote in the Facebook post that “Meta, metamates, me” is about being “good stewards of our business and our mission,” in language that might be considered disconnected by some.

“It’s about the sense of responsibility we have for our collective success and to each other as teammates. This is about taking care of our business and others,” he wrote. “I encourage you to reflect on these values ​​and what they mean to you as we begin to work on this next chapter for our business.”

Facebook is facing a bad public reputation lately. Late last year, former employee Frances Haugen claimed the world’s largest social media platform put profit above the public good and lied about its internal research, among other allegations.

In recent weeks, Meta has been the subject of two different lawsuits, one from an Australian billionaire who claimed Facebook failed to prevent fraudulent ads using his name and likeness, and another. from the Texas Attorney General for allegedly violating state privacy laws with his facial recognition technology.

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