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Apple and Meta dropped from Glassdoor's 100 Best Places to Work list

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For years, Apple and Meta were considered the creme de la creme of tech companies, with employees raving about their culture, values, benefits and perks. But according to new data from Glassdoor, the two tech giants don’t stand out like they once did.

As Glassdoor releases its 100 Best Places to Work 2023 report, both companies are absent from the list. Last year, Meta ranked 47th, a significant drop from 11th in 2021. Similarly, Apple ranked 56th last year after ranking 31st in 2021.

To determine the list, Glassdoor analyzed anonymous reviews posted by employees on the platform. They considered “hundreds of thousands” of companies with 1,000 or more employees between October 19, 2021 and October 17, 2022. Winners were ranked on their overall Glassdoor rating obtained using a 5-point scale: 1.0 being very dissatisfied and 5.0 being very satisfied.

Daniel Zhao, lead economist at Glassdoor, says the absence of Apple and Meta from this year’s list is “pretty impressive”.

“Apple has been on the list for 15 years since the list began,” Zhao told CNBC Make It. “And so Meta has been on the list since 2011, and has actually been number one in the past… That’s not to say that Meta and Apple are bad places to work, they’ve just dropped a little bit given how competitive the list is. year.”

What’s more, Zhao says both companies are “facing challenges” that could play a role in their non-attendance.

“Last year for Apple, the return to the office was met with mixed responses from employees. And so for Meta, they are undergoing a significant strategic shift. And we see from employee reviews that employees are still not sure. about how this is going to play out.”

After several delays due to Covid, Apple insisted on its return-to-office plans, requiring employees to be in the office three days a week starting September 5, 2022. Months earlier, Apple employee advocacy group, Apple Together, backed down against the company’s return-to-office policy. Tech.co, a business technology news resource, reports that at the time, 67% of employees were dissatisfied with the policy, and 56% expressed a desire to leave the company.

Meta made headlines on November 9, 2022 when it announced the biggest tech layoff of the year – the company cut 13% of its staff, totaling over 11,000 employees. In a letter, CEO Mark Zuckerberg informed the team that they would also be “taking a series of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through the first quarter.”

After the announcement, some remaining employees turned to Blind, the anonymous employee discussion forum, to voice their opinions. Jennifer Liu of CNBC Make It reported that according to a survey of 1,179 Meta workers in the U.S. on Blind November 10-11, 31% of remaining employees said they would recommend their employer to a friend and 55% believe that the company acted carefully. during dispensing.

Zhao says that in the new year “there is more uncertainty about how things are going to play out in the near future” for employees who are still at Meta and Apple.

That drop paved the way for newcomers to join the list of best places to work, including Spotify, Lego Group and Gainsight.

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