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Facebook drops to 23rd in best places to work list

Facebook Inc. dropped to the 23rd spot in the glass door’s list of “best places to work” in 2020 from the seventh it secured last year, amid heightened regulatory scrutiny of the world’s largest social network.

The company received an overall rating of 4.4 out of 5, compared with 4.5 last year, as employees gave relatively lower ratings for Facebook’s senior leadership and work-life balance.

“High profile projects can be extremely political and can really be dragged down by too many cooks in the kitchen. In a post-Cambridge Analytica world, there are huge slowdowns in releasing new features or products …,” according to one of the employee reviews on glass door.

Facebook is facing the heat over its handling of user data, misinformation campaigns on the platform, as well as its plan for a global cryptocurrency called Libra.

Still, employee sentiment toward Facebook remained largely positive on better compensation and career opportunities, according to the glass door report released late on Tuesday.

Software Company Hubspot Inc. topped the 100 best workplaces list, while Alphabet Inc’s Google ranked number 11 and Apple Inc. 84.

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