Fb plans so as to add $1,000 to the subsequent paycheck of its full-time staff and make sure that all of them get biannual bonuses to assist households amid the coronavirus outbreak, media reported.
The social media big has roughly 45,000 staff eligible for the payouts, based on The Wall Avenue Journal, which cites an inner memo obtained on Tuesday.
This is only one amongst a number of measures introduced by Fb in response to the pandemic. The corporate additionally unveiled plans to supply $100 million in money and promoting credit to 30,000 eligible small companies in additional than 30 nations the place it operates.
Most Fb staff have already began working from residence. The corporate can be sending its contractors residence with pay, the report stated.
US authorities are additionally contemplating payouts to assist households and maintain shopper demand. Treasury Secretary Steve Mnuchin on Tuesday stated the federal authorities might begin sending checks within the mail to People over the subsequent two weeks.