In an article on Business Insider, it was reported that majority of Facebook Inc (NASDAQ:FB)’s workforce includes millennials. The CEO of Facebook, Mark Zuckerberg is 30 years of age. The average age at Facebook Inc (NASDAQ:FB) workforce is 28 whereas this ratio is more in other famous tech companies. The source said that Facebook Inc (NASDAQ:FB) executives are trained to give massive freedom to their managers. They always urge their colleagues to focus on positive aspects, customer strengths and innovation. At Facebook Inc (NASDAQ:FB), even low level employees can question and object on any decision. Facebook managers ask for innovation, no matter from which hierarchy it may come. Facebook Inc (NASDAQ:FB) performed exceptionally well in the year 2014.
Facebook Inc (NASDAQ:FB) gives no credit for job titles. All the company efforts and job demands are based on innovation and quality. The source quoted a former Facebook Inc (NASDAQ:FB)executive Don Faul, who thinks that Facebook Inc (NASDAQ:FB) gives a zero credit for the job titles and they are just for formality.
Faul said that once he scheduled a meeting early in the morning and all the employees started to object this timing. The source said that this trend at Facebook Inc (NASDAQ:FB) may harm the graceful distance that is needed to be maintained for respect among senior and junior employees.
Facebook Inc (NASDAQ:FB)’s key to innovation is this open trend. Millennials are the key to the Facebook Inc (NASDAQ:FB) success. The source quoted a former product manager, who said that Facebook is the first company among Fortune’s top 500 companies which has built itself from millennials.
Ken Griffin holds 4.58 million shares worth $307.87 million of Facebook Inc. (NASDAQ:FB).