Facebook's parent company Meta is bringing workers back to the office, but it won't be providing all the benefits it used to.
According to a new report by the New York Times, seven anonymous employees said most workers are expected to return to the office by late March but won't have the same perks they enjoyed previously because of falling stock prices.
After the last shuttle leaves the office, the free dinner meal will be provided, and services like laundry and dry cleaning will be eliminated. Silicon Valley companies typically give perks in exchange for long hours, but that may be about to change.
As we return to the office, we have adjusted on-site services and amenities to better reflect the needs of our hybrid work force.
It is hard to believe that the paper cuts were not related to stock drops. Facebook's user base and relevancy have been taken away by Tik Tok, and its market cap has been cut in half to $515 billion.
The Times reported that Meta expanded its employee benefits to make up for the perk losses. Employees complained in the comments of a company post.
There are workers out there with less benefits and less pay, but that doesn't mean they are any less stressed out. The mental health crisis was reported on by the Verge in 2019. According to the Times, others work until exhaustion and rely on perks to improve their lives.
It's fine for companies to ask a lot of their employees. They should give back as much as they make when they make a lot of money.
Apple employees are unionizing and they are using phones that won't be used to spy on them.
Are you interested in supporting clean energy adoption? At UnderstandSolar.com, you can find out how much money you could save if you switched to solar power. Futurism.com may receive a small commission if you sign up through this link.
All Rights Reserved © 2024
