Tech giant Meta reportedly fired roughly two dozen staffers based in Los Angeles for abusing the corporate’s $25 meal vouchers to buy non-food home items.
The Financial Times reported that Meta fired the employees last week after the corporate discovered that the employees were abusing its food credit system by utilizing the funds to purchase other home items, starting from pimples pads and wine glasses to laundry detergent.
In accordance with the report, Meta staff are given every day allowances of $20 for breakfast, $25 for lunch and one other $25 for dinner — similar perks to what other large tech corporations offer employees on top of their typical compensation packages.
Meta employees who were fired had been abusing the system for a protracted time period, in some cases pooling their money together or having meals sent home when the corporate intended for the credits for use on the office, the FT reported, citing an individual accustomed to the matter. They added that employees who broke the food voucher rules only occasionally received a reprimand but weren’t fired.
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The FT reviewed a post on the anonymous messaging platform Blind, during which a former Meta staffer, who indicated that that they had a salary of about $400,000 on the tech giant, said that they had used the $25 meal credits to buy groceries like toothpaste and tea on the Rite Aid pharmacy.
The staffer said within the post that they admitted to misusing the credits when Meta’s human resources department began investigating the practice, and that they were later fired unexpectedly, saying it was “surreal,” based on the report.
FOX Business reached out to Meta for comment.
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Meta — the parent company of Facebook and Instagram — has been on a restructuring push the previous few years, and the FT reported that the tech giant can be within the midst of a fresh round of layoffs and changes to a few of its teams.
Meta CEO Mark Zuckerberg announced in November 2022 that Meta was shedding greater than 11,000 employees, and followed that up with one other round of layoffs that affected 10,000 employees within the spring of 2023 during what he dubbed the “12 months of Efficiency.”
Earlier this yr, Zuckerberg said the layoffs weren’t on account of the emergence of artificial intelligence (AI) but slightly because Meta, like other tech corporations, had invested heavily in the course of the COVID era e-commerce surge and “overbuilt” in consequence.
“I believe across the economy, a variety of corporations just form of overbuilt, after which when things went back to pretty close to precisely what they were the best way before… I believe a variety of corporations realized, ‘Hey, we’re form of not in an excellent financial place because we overbuilt,'” Zuckerberg told hosts Neal Freyman and Toby Howell on the “Morning Brew Day by day” podcast.
FOX Business’ Daniella Genovese contributed to this report.
Original article source: Meta fires staff who abused $25 meal vouchers: report