News

Pushback as Meta’s return to office policy kicks in

Published

8 months ago

September 6, 2023

ticker NEWS

Meta has rolled out a significant change in its work policy, requiring employees to return to the office for a minimum of three days a week.

This move marks a notable shift from the remote work policies that Meta had adopted during the COVID-19 pandemic.

In June, Meta had officially informed its employees that they would be expected to be present in the office for at least three days per week, starting in September. A spokesperson for Meta stated, “We believe that distributed work will continue to be important in the future, particularly as our technology improves.” The company emphasized its commitment to creating a valuable in-person experience for employees who choose to work from the office.

However, Meta did not mince words when it came to compliance with the new policy. Weeks before the policy’s implementation, the company issued warnings to employees who failed to adhere to the mandate, emphasizing the possibility of termination. Lori Goler, Meta’s Head of People, conveyed this message in a memo, stating, “Accountability will be central to making this [policy] fair and effective,” and managers would review attendance records monthly.

Repeat “violators”

Repeated violations could lead to disciplinary actions, including performance rating drops and, ultimately, termination if not addressed.

This pivot in policy comes after Meta’s initial embrace of remote work during the pandemic. In the past, Meta CEO Mark Zuckerberg praised the flexibility of remote work, even expressing optimism about its potential at scale, thanks to advancements in virtual presence and technology.

However, in March of the same year, Zuckerberg changed his tune, stating in a blog post that employees earlier in their careers perform better when working in-person with colleagues for at least three days a week.

News

Why Australia is becoming the new home of the Hollywood blockbuster

Published

5 hours ago

May 17, 2024

Nathan Langridge

Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

News

Portal between countries shut down after international flashing

Published

10 hours ago

May 17, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

News

U.S. home prices surge 47%

Published

15 hours ago

May 17, 2024

ticker NEWS

American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending