Facebook set to give its 45,000 employees six-month bonuses and an additional $1,000 as coronavirus assistance
- Facebook is giving its full-time employees funds to help during the coronavirus
- They will all get their six-months bonus, along with an additional $1,000
- Contractor workers are not eligible, but will continue to be paid as usual
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Facebook as committed thousands of dollars to helping its staff of 45,000 employees manage expenses during the coronavirus that is spreading across the globe.
CEO Mark Zuckerberg announced full-time workers will be given their six-month bonuses, along with an additional $1,000 to help those working remotely who do not have access to their usual catered meals, gyms and other services provided by the firm.
Contracted workers are not eligible for these funds, but will continued to be paid as they are also barred from entering the office, The Information reported.
‘We recognize that many people are going to need more time away to care for children and their families,’ Zuckerberg wrote in a memo, a copy of which was obtained by NBC News.
‘We also know that many of you may have additional expenses as part of setting up your home to enable remote work and support your family.
Facebook as committed thousands of dollars to helping its staff of 45,000 employees manage expenses during the coronavirus that is spreading across the globe
‘We’re going to grant all employees an additional $1,000 to use for whatever you see fit to support yourself and your family in adapting during this period.’
The coronavirus began last December in China and has since swept across the globe.
As of Tuesday afternoon, there are more than 197,000 cases and over 7,000 deaths confirmed.
Facebook has mandated a work-from-home policy for a little over a week now.
CEO Mark Zuckerberg (pictured) announced full-time workers will be given their six-month bonuses, along with an additional $1,000 to help those working remotely who do not have access to their usual catered meals, gyms and other services provided by the firm
The shutdown began at its Seattle headquarters on March 5th after a contractor working in the building tested positive for coronavirus and other offices followed shortly after.
The recent news, first reported by The Information, surfaced shortly after Facebook’s chief operating officer, Sheryl Sandberg, announced that the firm would be investing $100 million to help small businesses in over 30 countries.
The majority will be in cash grants and Facebook will disclose more details soon about how businesses will be able to apply for assistance.
Facebook Chief Operating Officer Sheryl Sandberg said in a post Tuesday that the economic disruption poses a severe risk to small businesses.
‘We’ve listened to small businesses to understand how we can best help them. We’ve heard loud and clear that financial support could enable them to keep the lights on and pay people who can’t come to work,’ Sandberg said, adding that Facebook is also going to make it easier for small businesses to get training and support from its teams.
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