COVID-19 Outbreak: Facebook to give staff $1,000 coronavirus bonuses | The Business Standard
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Monday
June 05, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
    • GOVT. Ad
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
MONDAY, JUNE 05, 2023
Facebook to give staff $1,000 coronavirus bonuses

Coronavirus chronicle

TBS Report
18 March, 2020, 12:25 pm
Last modified: 18 March, 2020, 01:42 pm

Related News

  • Tisha: ‘I’ll take legal action’
  • CAAB lifts Covid-19 restrictions on international air travel
  • Facebook owner Meta slashes business teams in final round of layoffs
  • 'I faked my death': Maradona's social media account flooded with cryptic messages after hack
  • Mirza Fakhrul hospitalised after testing Covid positive

Facebook to give staff $1,000 coronavirus bonuses

The firm is also offering $100m to help small businesses cope with the economic impact of the outbreak

TBS Report
18 March, 2020, 12:25 pm
Last modified: 18 March, 2020, 01:42 pm
Photo: BBC
Photo: BBC

Facebook is giving $1,000 (£825) bonuses to its employees to support them during the coronavirus pandemic.

Mark Zuckerberg, Facebook's chief executive, made the announcement in an internal note on March 17, BBC reported. 

The social media giant employs nearly 45,000 full-time staff across the globe, with thousands more contract workers.

The firm is also offering $100m to help small businesses cope with the economic impact of the outbreak.

As well as the cash bonuses, employees will also get the highest performance review ratings, ensuring they receive their normal twice yearly bonuses.

For small businesses, Facebook has set aside $100m for 30,000 eligible firms across the 30-plus countries where Facebook operates. These will be in the form of "cash grants and ad credits to help during this challenging time," it said.

"We want to do more," said chief operating officer Sheryl Sandberg in a Facebook post. "Teams across our company are working every day to help businesses".

Along with other tech giants, including Google and Twitter, Facebook has asked staff to work from home. This includes its Seattle office after the virus spread across the state of Washington.

In February, Facebook cancelled its F8 annual software developers conference and has pulled out of more events this month.

Tech / Top News

Facebook / coronavirus bonuses / Coronavirus / Coronavirus challange / COVID-19

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • OPEC’s logo at its Vienna headquarters.Photographer: JOE KLAMAR/AFP via Getty Images
    Saudi Arabia's solo oil production cut is a risky strategy
  • Inflation reaches 9.94% in May; highest in over a decade: BBS
    Inflation reaches 9.94% in May; highest in over a decade: BBS
  • Heatwave: Junior section of all schools to remain closed till 8 June
    Heatwave: Junior section of all schools to remain closed till 8 June

MOST VIEWED

  • Covid is no longer global health emergency: WHO
    Covid is no longer global health emergency: WHO
  • Federal police officers stand guard near the house of former Brazilian President Jair Bolsonaro, during a search operation at his home, in Brasilia, Brazil, 3 May, 2023. REUTERS/Adriano Machado
    Bolsonaro home raided, phone seized in Brazil vaccine records probe
  • World Health Organization logo is reflected in a drop on a syringe needle in this illustration photo taken March 16, 2021. REUTERS/Dado Ruvic/Illustration//File Photo
    Covid here to stay but moving out of emergency phase: WHO
  • India's active case count now stands at 3.90 per cent. ( HT file Photo)
    India reports 12,591 new Covid cases today, 20% more than yesterday
  • People queue up outside a quick test centre to take their coronavirus disease (Covid-19) antigen rapid tests, in Singapore September 21, 2021. Photo :Reuters
    Singapore witnesses new Covid wave: ‘Cases are mostly mild’
  • India's active case count now stands at 3.90 per cent. ( HT file Photo)
    India logs 5,676 new Covid cases, active infections cross 37,000-mark

Related News

  • Tisha: ‘I’ll take legal action’
  • CAAB lifts Covid-19 restrictions on international air travel
  • Facebook owner Meta slashes business teams in final round of layoffs
  • 'I faked my death': Maradona's social media account flooded with cryptic messages after hack
  • Mirza Fakhrul hospitalised after testing Covid positive

Features

Beating plastic pollution: Local startups build businesses around waste

Beating plastic pollution: Local startups build businesses around waste

9h | Panorama
New battleground of global powers

New battleground of global powers

1d | Panorama
Understanding the Indo-Pacific: A case of two rivalries

Understanding the Indo-Pacific: A case of two rivalries

1d | Panorama
US and its allies in the Ind-Pacific

US and its allies in the Ind-Pacific

1d | Panorama

More Videos from TBS

Young Entrepreneurs Beating Plastic Pollution

Young Entrepreneurs Beating Plastic Pollution

7h | TBS Stories
The fitness industry of Bangladesh tries to reshape from corona effect

The fitness industry of Bangladesh tries to reshape from corona effect

21h | TBS Stories
Ukraine ready to launch counteroffensive

Ukraine ready to launch counteroffensive

1d | TBS World
Mughal Emperor Shah Jahan's food on the streets of Dhaka

Mughal Emperor Shah Jahan's food on the streets of Dhaka

1d | TBS Food

Most Read

1
bKash denied permission to pay $4.10 lakh for Argentina football partnership
Banking

bKash denied permission to pay $4.10 lakh for Argentina football partnership

2
Boeing offers Biman its latest 787-10 Dreamliner
Bangladesh

Boeing offers Biman its latest 787-10 Dreamliner

3
Photo: Noor-A-Alam/TBS
Splash

The Night Dhaka did NOT vibe with Anuv Jain

4
Country's first floating solar power plant connected to national grid
Energy

Country's first floating solar power plant connected to national grid

5
Photo: TBS
Environment

Green space in Dhaka North declines 66% in 3 decades: Study

6
File Photo: Mohammad Minhaj Uddin/TBS
Bangladesh

Low-cost housing planned for 4 lakh Bangabandhu Shilpa Nagar workers

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]