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Bloomberg
Big tech companies like Facebook Inc and Alphabet Inc’s Google, long seen as some of the world’s most desirable workplaces offering countless perks and employee benefits, are losing some of their shine.
The Silicon Valley companies dropped out of the Top 10 “best places to work†in the US, according to Glassdoor’s annual rankings. HubSpot Inc, a cloud-computing software company, grabbed the No. 1 ranking while tech firms DocuSign Inc and Ultimate Software were three and eight, respectively.
Facebook, which has been rated as the “best place to work†three times in the past 10 years, was ranked 23rd. It’s the social-media company’s lowest position since it first made the list in 2011 as the top-rated workplace. Facebook, based in Menlo Park, California, was ranked seventh last year.
Google, voted “best place to work†in 2015 and a Top-10 finisher the previous eight years, came in at No. 11 on Glassdoor’s list. Apple Inc, once a consistent Top-25 finisher, was ranked 84th. Amazon Inc, which has never been known for a positive internal culture, failed to make the list for the 12th straight year.
Microsoft Corp was one of the lone big technology companies to jump in the rankings. The Redmond, Washington-based software company moved to No. 21 from 34 a year ago.
The annual list ranks companies using employee reviews on areas such as compensation, benefits, culture and senior management. Many of the big tech companies, including Facebook and Google, have been criticized this year for a myriad of issues.