Facebook Loses the Top Spot on Glassdoor's 'Best Places to Work' List

Photo Credit: LODI Franck/SIPA/Shutterstock
December 5, 2018
Updated 10d ago

By Chloe Aiello

When Glassdoor debuted its 2019 list of "Best Places to Work," one technology giant was dealt a conspicuous downgrade.

Capping off a year of serious scandal, the embattled Facebook fell six spots to number seven on Glassdoor's list.

The order is determined by analyzing employee reviews on Glassdoor, and the site's community expert, Scott Dobroski, said there were a few recurring themes in Facebook's ($FB) "cons" list.

"The employees at Facebook did call out the 'move fast' culture, in fact saying things are sometimes moving a little too fast. So maybe there needs to be added review. They did talk of a call for a little more transparency from senior leadership, which perhaps is not a big surprise, given how much Facebook has been in the news," Dobroski said.

"You can imagine employees have a lot of questions and want to be kept in the know," he added.

In August 2017, news outlets were speculating Facebook CEO Mark Zuckerberg might be mulling a 2020 bid for President. Now, those same sources are questioning whether the scandals that have rocked the company will prompt Zuckerberg and COO Sheryl Sandberg to lose their leadership positions. From the Cambridge Analytica breach in March, slowing daily active user growth, and allegations that leadership mishandled revelations about foreign meddling in the 2016 presidential elections, it's been a very bad year for Facebook. And it's starting to take a toll on company morale, Dobroski said.

However, the true morale impact will be revealed in the months to come.

"We did see employee sentiment drop 0.1 over the past year," he said. "Remember this is a 12-month report ー a lot of their external struggles have really come on in the past six to nine months. So the big question is: will things go up or down in the six or 12 months from today?"

Despite Facebook's troubles, the company still made the top 10 on Glassdoor's list, suggesting the tech giant is still pretty popular among workers in tech.

Employees "still love core opportunities and really working on a product that makes an impact on billions of lives worldwide," Dobroski said.