Beaten by scandals, Facebook is no longer the best place to work in
News24xx.com - 2018 seems to be the worst year for Facebook. The company led by Mark Zuckerberg was hit by a number of major scandals, such as Cambridge Analytica, leaked data of its 50 million users, to the detriment of Facebook's response to Russian interference in the 2016 US elections.
These scandals not only made Facebook a special concern for regulators, but also for their employees. Based on the list of the 100 best workplaces in the US published by Glassdoor, Facebook's position on the list fell down. Reporting from CNET, Friday, December 7th 2018, Facebook previously ranked first in 2018. However, for 2019 they dropped to seventh.
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This rating is determined by the rating and reviews of company employees anonymously on the job search site. Facebook's highest value reached 4.6 out of 5, after its employees praised the provision of bonuses and compensation.
However, the lowest value of the company based in Menlo Park was obtained from work life balance factors, which scored 3.8. "The balance of working life is very bad" wrote one of the reviews. "Everyone on my team works outside of regular hours, until night, and on weekends. Nobody directly tells you to do this, but because of the competitive culture, you are forced to do overtime" he continued.
After being hit by a scandal over and over, the morale of Facebook employees also dropped. Internal surveys show 52% of employees are optimistic about the company's future, down dramatically from 84% last year. While 70% said they were proud to be working on Facebook, it also declined compared to the percentage of 87% last year.
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