Posted 11/21/2023, 7:53:00 PM
Dorsey Shakes Up Block's Performance Reviews: Real-Time Feedback, 3 Ratings, and Quicker Firing for Low Performers
- Dorsey is ending annual performance reviews at Block, moving to "constant evaluation" of employees and quicker firing if they underperform
- No more performance improvement plans (PIPs); employees will be let go right away if not meeting expectations
- Introducing 3 performance ratings visible to each employee exceeds, meets, or below expectations
- Named Dhanji Prasanna as new CTO to oversee engineering culture, tools, productivity, AI, and security
- Dorsey shared his own performance review showing feedback he should drive results more, improve decision-making, and be more inclusive