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Tech giant Meta reportedly fired about a dozen Los Angeles-based workers for abusing $25 company vouchers to buy non-food household items.
I The Financial Times reported that Meta fired workers last week after the company discovered workers were abusing its food credit program by using the money to buy other household items, from acne pads and wine glasses to laundry detergent.
According to the report, Meta employees are given daily allowances of $20 for breakfast, $25 for lunch and another $25 for dinner — benefits similar to those that other large tech companies offer employees in addition to their regular compensation packages.
Fired Meta workers have been abusing the scheme for a long time, in some cases pooling their money or having food sent home when the company intended the credits to be used in the office, the FT reported, citing the person. familiar with this matter. They added that workers who violate food voucher rules are occasionally reprimanded but not fired.
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It is said that Meta has dismissed some employees who were recklessly using its food loan scheme. (Photographer: David Paul Morris/Bloomberg via Getty Images / Getty Images)
The FT reviewed postings on the anonymous messaging site Blind, in which a former Meta employee revealed they had earned an estimated $400,000 from the tech giant, saying they used $25 food credits buying groceries such as toothpaste and tea at the Rite Aid pharmacy.
| A ticker | Security | Finally | Change | Change % |
|---|---|---|---|---|
| META | META PLATFORMS INC. | 576.79 | -9.48 |
-1.62% |
This employee said in this message that they admitted that they were using these credits carelessly when Meta’s Department of Labor began to investigate this practice, and later they were suddenly fired saying it was surreal, according to the report.
FOX Business has reached out to Meta for comment.
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The CEO of Meta, Mark Zuckerberg, announced that it has laid off about 21,000 people in the last two years. (Reuters Photos/Stephen Lam / Reuters)
Meta – parent company Facebook and Instagram – has been restructuring for the past few years, and the FT reported that the tech giant is in the midst of a new round of layoffs and changes to some of its teams.
Meta CEO Mark Zuckerberg announced in November 2022 that Meta was laying off more than 11,000 workers and followed another round of layoffs affecting 10,000 workers in the spring of 2023 during what it called “The Year of Work.”
At the beginning of this year, Zuckerberg said The layoffs were not due to the advent of artificial intelligence (AI) but because Meta, like other tech companies, had invested heavily during the COVID e-commerce surge and “overbuilt” as a result.
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“I think that in every economy, a lot of companies just overbuilt, and then when things got back to very close to what they were before … I think a lot of companies realized, ‘Hey, we’re not in good financial shape because we overbuilt,'” Zuckerberg told executives. Neal Freyman and Toby Howell on the “Morning Brew Daily” podcast.
Daniella Genovese of FOX Business contributed to this report.
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