Facebook plummets down list of best companies to work for after catastrophic year

Mark Zuckerberg protest

  • Facebook has lost its crown as the best place to work in America, falling seven places down Glassdoor's 100 Best Places to Work list.
  • It is Facebook's lowest ranking in the survey since 2015, when it finished in 15th position.
  • A string of scandals has dented company morale, according to an internal survey obtained by The Wall Street Journal.
  • Despite the negative reviews, feedback on Glassdoor remains largely positive.

Facebook has tumbled seven places on Glassdoor's list of the best places to work after a year of scandals, data breaches, and employee discontent.

Glassdoor published its list of the 100 Best Places to Work in 2019 on Tuesday, which is based on ratings and reviews left by employees.

Last year, Facebook topped the bill as the number one place to work, but now it has fallen to number seven, just behind LinkedIn. It is Facebook's lowest ranking in the survey since 2015, when it finished in 15th position.

A series of scandals this year have impacted morale, according to the results of an internal company survey obtained by The Wall Street Journal.

Back in 2017, 84% of the workforce "said they were optimistic about the company's future," a figure that has since dropped to just 52%. And 72% of employees previously said "Facebook was making the world better" — now it's 53%.

Read more: Facebook employees react to the latest scandals: "Why does our company suck at having a moral compass"

Glassdoor identified frequent complaints from employees, which included "poor work-life balance" and "long hours."

One review from November, titled "Six months of strange tech cult," said the company displays a "complete lack of moral responsibility for the world." Another, also from November, lamented "the product is not technology, its [sic] the users."

Under "advice to managers," one employee wrote: "Please get the company out of bad reputation slump... align business objectives with long-term strategy of connecting people and communities."

But Facebook's overall ratings remain positive, with 96% of reviews saying they approve of CEO Mark Zuckerberg at time of writing. One reviewer described it as "Disneyland" for software engineers, and another wrote: "Don't believe all the negative press."

SEE ALSO: The 29 best tech companies to work for in 2019, according to employees

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Contributer : Tech Insider https://ift.tt/2rlNWgH
Facebook plummets down list of best companies to work for after catastrophic year Facebook plummets down list of best companies to work for after catastrophic year Reviewed by mimisabreena on Sunday, December 16, 2018 Rating: 5

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