executive departure at Meta

1. Meta's chief business officer, Marne Levine, will step down from her role on Feb. 21, 2023, remaining as an employee until she departs the company this summer after 13 years of service. The company did not announce a replacement but simultaneously announced the expansion of the roles of two senior staff members, potentially linking the decisions to possible upcoming staff layoffs. Q: Do you think planned layoffs should include senior executive positions as well? Share your thoughts on Inside.com.

2. Boeing is cutting up to 2,000 employees in finance and HR roles this year through a combination of attrition and layoffs, as the company outsources a third of those positions to Tata Consulting Services in India. While the move will have an impact on the affected HR employees, the demand for HR remains strong and experts do not think the sector has much cause for concern. Q: What proportion of a company's staff should be comprised of HR employees? Give us your take on Inside.com.

3. A new study from WorkNest shows that 74% of employers do not offer their line managers any training on how to handle redundancies. While 80% of businesses said low business demands, budget cuts, and inflation were driving the need to make redundancies, line managers have received little training to cope. The study showed 82% of line managers did not receive well-being training for dealing with redundancies specifically, which can negatively impact a line manager's mental health. Q: As a manager, have you been trained to deal with redundancies? Let us know on Inside.com.

4. Indiana's Senate recently introduced Bill 186 with the aim of providing tax credits to employers who provide childcare for their employees. The tax credit would cover up to 50% of the expenses of business owners who provide childcare to their employees by opening their own center or paying for tuition at an existing center.

5. Mars Wrigley has been fined $14,502 by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) after two contractors were left stuck in a tank containing chocolate, which was an incident deemed "serious" by OSHA. The workers had to be rescued by more than two dozen responders, who cut into the bottom of the tank and were taken to the hospital by helicopter and a motor vehicle.

6. U.S. employee engagement is continuing to decline with only 32% of full and part-time employees feeling engaged with their work, according to a recent Gallup survey. The figure is down from 34% in 2021 and 36% in 2020. Setting clear job expectations is crucial to improving engagement, according to Jim Harter, chief scientist of workplace wellness and well-being at Gallup.

7. A recent report by leadership consulting firm DDI suggests that hybrid work models may be contributing to a leadership crisis. According to the report, only 40% of leaders believe their companies have high-quality leadership, which is a 17% drop from two years ago.

executive departure at Meta