Facebook to allow employees to work remotely until year end
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/14/2026
- Nasdaq ends sharply lower as hot inflation data stirs rate-hike worries
- Oil prices gain on attacks in Saudi Arabia, Iran's new tactics to target tankers
- U.S. consumer prices rise by 3.7% year-on-year in September
- Bank of America stock falls on earnings miss
- Netflix cuts 1,000 jobs as streaming giant seeks to boost engagement
Tweet
Share
E-mail
FILE PHOTO: A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020. REUTERS/Dado Ruvic
(Reuters) - Facebook Inc said on Friday it would allow its workers who are able to work remotely to do so until the end of the year as the coronavirus pandemic forces governments to extend stay-at-home orders to curb the spread of the disease.
The social media giant also expects most offices to stay closed until July 6, according to a company spokesperson.
The virus, which has infected more than 3.8 million people globally so far, has forced strict lockdowns in most countries and changed the way businesses function, with work from home emerging as the new norm.
(Reporting by Neha Malara in Bengaluru; Editing by Anil D'Silva)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Equity Bancshares falls over 5% as Q3 results disappoint
- Jones Lang LaSalle stock dips after leadership restructuring
- Bending Spoons shares rocket 35% following new Berkshire Hathaway investment
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
