When it comes to the work culture and benefits, MAANG companies have always been the favorite.
Apple & Meta have always had raving reviews when it came to their work culture and benefits. This seems to have changed lately. New data from Glassdoor reveals the tech giants have dropped their crowns with a significant drop in ranking in the best places to work list.
2023 Work Report by Glassdoor
As per a work report by Glassdoor about the 100 best places to work for 2023, Meta and Apple have failed to save a spot.
First in the list in Gainsight, whereas 2nd & 3rd position are reserved by Box and Bain & Company.
Anonymous reviews were posted by employees on the platform. Between the time period of October 19, 2021, and October 17, 2022, “hundreds of thousands” of companies with 1,000 or more employees were considered.
Using a 5-point scale: 1.0 being very dissatisfied and 5.0 being very satisfied, the winners were ranked on their overall Glassdoor rating.
Why this is sucker punch for Apple, is the fact that for past 15 years the company has been in the list. Meta has been on the list since 2011.
In the past, Meta was also the numero uno company.
Last year, Meta was ranked 47, a significant decline from its 11 spot in 2021. Similarly, Apple came in at 56 last year, after being ranked 31 in 2021.
Newbies Make it to the List, As Veterans Step Down
However, Meta being dropped from the list should not come as a surprise, since the company ousted 11,000 employees in one of the biggest layoffs this year.
The Cupertino based tech giant also faced some employee hostility as their push for return to office received mixed response from employees. Many desired to leave the company, a survey showed, and many were dissatisfied with the return to office policy even when Covid was hammering down.
So, the employee reviews of those disgruntled or fired were significant in Meta and Apple’s decline in position.
This year companies like Spotify and The Lego Group have made it on the list as the veterans take steps down re-evaluating their relationship with their employees.
Google is at number 8 while Microsoft is at 13, Adobe is at 14 and LinkedIn at 19 on the list.
