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Facebook delays office return for US employees

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Facebook employees won’t be returning to the office anytime soon

The social media giant is delaying the move to have all United Status employees return to the office until January, as the delta variant sweeps through the US.

The company has pushed back its plans to bring US employees back to the office due to concerns about rising COVID cases due to the delta variant.

The company had earlier announced plans to reopen US offices at 50 percent capacity by September. But that timeline has now been pushed back to January as cases have risen.

“Data, not dates, is what drives our approach for returning to the office,”

Facebook has now implemented strict vaccination and mask requirements for employees that are in the office, as the tech giant does all that it can to be a COVID-safe workplace.

Facebook made headlines in early 2020 for being one of the first workplaces  to close its offices

Whenever it does re-open, it’s likely that work will look and feel much different to many employees.

The company has said it will embrace remote work going forward, with Mark Zuckerberg saying that as much as 50 percent of the company’s workforce could remote in the next 5-10 years.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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