SG Talk

Full Version: As Stock Continues to Fall, Facebook Cancels Employee Perks
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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 published this morning, 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.

The new free dinner meal will be provided after the last shuttle for commuting workers leave the office, and services like laundry and dry cleaning will be eliminated. The Times says that Silicon Valley companies typically provide perks in exchange for long hours, but that may be coming to an end.

“As we return to the office, we’ve adjusted on-site services and amenities to better reflect the needs of our hybrid work force,” a Meta spokesman told the Times. “We believe people and teams will be increasingly distributed in the future, and we’re committed to building an experience that helps everyone be successful.”

More at https://shrtco.de/rA5oYT
I can see alibaba recovering provide the Chinese govt doesn't try to destroy it....


But I cant see how Facebook can thrive again.