COVID-19 Outbreak: Facebook to give staff $1,000 coronavirus bonuses | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
May 10, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, MAY 10, 2025
Facebook to give staff $1,000 coronavirus bonuses

Coronavirus chronicle

TBS Report
18 March, 2020, 12:25 pm
Last modified: 18 March, 2020, 01:42 pm

Related News

  • Another fake Facebook account created using ACC chairman's identity
  • Foreign Ministry's Facebook page compromised, investigation underway
  • Singapore orders foreigners' Facebook posts taken down under new election rules
  • 17-year-old killed in dispute over 'laughing emoji reaction on Facebook post' in Sherpur
  • Meta must face lawsuit claiming it prefers cheaper foreign workers

Facebook to give staff $1,000 coronavirus bonuses

The firm is also offering $100m to help small businesses cope with the economic impact of the outbreak

TBS Report
18 March, 2020, 12:25 pm
Last modified: 18 March, 2020, 01:42 pm
Photo: BBC
Photo: BBC

Facebook is giving $1,000 (£825) bonuses to its employees to support them during the coronavirus pandemic.

Mark Zuckerberg, Facebook's chief executive, made the announcement in an internal note on March 17, BBC reported. 

The social media giant employs nearly 45,000 full-time staff across the globe, with thousands more contract workers.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The firm is also offering $100m to help small businesses cope with the economic impact of the outbreak.

As well as the cash bonuses, employees will also get the highest performance review ratings, ensuring they receive their normal twice yearly bonuses.

For small businesses, Facebook has set aside $100m for 30,000 eligible firms across the 30-plus countries where Facebook operates. These will be in the form of "cash grants and ad credits to help during this challenging time," it said.

"We want to do more," said chief operating officer Sheryl Sandberg in a Facebook post. "Teams across our company are working every day to help businesses".

Along with other tech giants, including Google and Twitter, Facebook has asked staff to work from home. This includes its Seattle office after the virus spread across the state of Washington.

In February, Facebook cancelled its F8 annual software developers conference and has pulled out of more events this month.

Tech / Top News

Facebook / coronavirus bonuses / Coronavirus / Coronavirus challange / COVID-19

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • US President Donald Trump. File Photo: Reuters
    Trump says India, Pakistan have agreed to ceasefire after 'long night of talks'
  • Law, Justice and Parliamentary Affairs Adviser Asif Nazrul. Photo: Syed Zakir Hossain
    Govt to form Truth and Reconciliation Commission: Asif Nazrul
  • Protesters from NCP, Bangladesh Jamaat-e-Islami , Hefazat-e-Islam Bangladesh and various other political parties and forums continue to block Shahbag intersection in the capital ahead of the mass rally demanding a ban on the Awami League on Saturday, 10 May 2025. Photo: Rajib Dhar/TBS
    Banglamotor to Shahbag blockade to continue, may head over to CA residence: Hasnat 

MOST VIEWED

  • Infographic: TBS
    Only 6 of Bangladesh's 20 MiG-29 engines now work – Tk380cr repair deal on table
  • Bangladesh Bank. File Photo: Collected
    Bangladesh Bank tightens credit facility for bank directors and affiliates
  • ‘I killed my father, come arrest me’: Young woman calls 999
    ‘I killed my father, come arrest me’: Young woman calls 999
  • Shahbag filled with thousands demanding ban on AL on 9 May. Photo: Md Foisal Ahmed/TBS
    Demand to ban AL: Shahbagh blockade to continue, mass rally Saturday at 3pm, says Hasnat
  • A youth beating up two minor girls on a launch during a picnic in Munshiganj on 9 May 2025. Photo: TBS
    Minor girls beaten in Munshiganj launch: Beat them to discipline them as elder brother, assaulter says
  • Unfographic: TBS
    Depleting reserves, deepening crisis: Why gas shortfall has no quick fix

Related News

  • Another fake Facebook account created using ACC chairman's identity
  • Foreign Ministry's Facebook page compromised, investigation underway
  • Singapore orders foreigners' Facebook posts taken down under new election rules
  • 17-year-old killed in dispute over 'laughing emoji reaction on Facebook post' in Sherpur
  • Meta must face lawsuit claiming it prefers cheaper foreign workers

Features

Kadambari Exclusive by Razbi’s summer shari collection features fabrics like Handloomed Cotton, Andi Cotton, Adi Cotton, Muslin and Pure Silk.

Cooling threads, cultural roots: Sharis for a softer summer

1d | Mode
Graphics: TBS

The voice of possibility: How Verbex.ai is giving AI a Bangladeshi accent

1d | Panorama
Graphics: TBS

Why can’t India and Pakistan make peace?

2d | The Big Picture
Graphics: TBS

What will be the fallout of an India-Pakistan nuclear war?

2d | The Big Picture

More Videos from TBS

Relentless Heatwave Sweeps Across the Country

Relentless Heatwave Sweeps Across the Country

31m | TBS Today
Public Assault and Robbery of Women on Passenger Launch

Public Assault and Robbery of Women on Passenger Launch

1h | TBS Today
Depleting reserves, deepening crisis: Why gas shortfall has no quick fix

Depleting reserves, deepening crisis: Why gas shortfall has no quick fix

1h | TBS Insight
In which direction is the India-Pakistan conflict heading?

In which direction is the India-Pakistan conflict heading?

2h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net