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A Performance Improvement Plan (PIP) informs employees of recurring performance issues, indicating they are not meeting expectations. The speaker, a former software engineer and manager at Meta, with experience in large tech companies, explains that most employees on a PIP end up leaving the company. This process involves a formal meeting with HR and the manager, detailing performance areas for improvement and outlining goals to graduate from the PIP, securing job stability. Joining a PIP may ultimately lead to better outcomes for both the employee and the company.
