Facebook loses the badge of the 'Best Place to Work', Apple gains ground
Employer review site Glassdoor has released its annual list of "100 Best Places to Work in the US" on Wednesday. A Boston-based management consulting firm Bain & Co. has been ranked No 1. The list is based on feedback from employees who submitted a review of their company on Glassdoor between October 23, 2017 and October 21, 2018. The Top-100 list by Glassdoor is for large organizations or those with at least 1,000 employees.
Facebook, which was No. 1 a year ago, dropped to No. 7 for 2019, going from a 4.6 rating to a 4.5 rating among US -based employees.
"We have spent many years building a superlative organization that rivals some of Chicagoland's most successful and forward-thinking companies, and the Glassdoor Best Places to Work recognition demonstrates our accomplishments in this endeavor".
Google also fell in the ranks compared to a year ago, although it only dropped three spots compared to Facebook's six, now coming in at number eight. Ranked No. 1 a year ago, the social network is now the seventh best place to work, according to Glassdoor.
Hit by users' data scandal amid falling stocks this year, Facebook has lost the tag of 'Best place to Work' in the US while Apple has moved up in the list of top-rated employers.
Facebook is now ranked No 7, scoring 4.5 out of a perfect 5. While Facebook was the best place to work in America last year, Cupertino-based tech giant Apple had piled to number 84 in 2017 from its 36th position in 2016.
Apple, on the other hand, moved up in the ranking from No. 84 to 71, though it maintained the same score of 4.3. Microsoft moved up in ranking from No. 39 to 34 on the list although their award score dropped from 4.4 to 4.3. Google was 8th while Salesforce came 11th.
Microsoft-owned LinkedIn, however is at sixth place with a score of 4.5, read the information on the Glassdoor website.
Amazon didn't even make it to the list, with an award score of 4.1, just outside of the top 100.
The Glassdoor list came at a time when media reports said several Facebook employees are looking for better opportunities as scrutiny of the company's conduct raises several cases of data leak and with its stock price taking a beating.
According to a report in the Wall Street Journal last month citing an internal survey at Facebook, just over half of Facebook employees (52 per cent) said they were optimistic about the future of the social networking platform - down by 32 per cent last year.
Only 53 per cent of Facebook employees said the company was making the world better, which is 19 per cent lower than last year.
According to the report, Facebook's "difficult year is taking a toll on employee morale, with several key measures of internal sentiment taking a sharp turn for the worse over the past year".
Facebook investors have increased pressure on Chairman and CEO Mark Zuckerberg to step down after a New York Times investigation suggested that the social network hired a Republican-owned political consulting and PR firm that "dug up dirt on its competitors".
Zuckerberg, however, has refused to quit.
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