Meta Was Anointed 'Worst Company' of 2021 In The US

Published on 01 Jan 2022

While firms and organizations fight against one another in order to improve, and while it is quite usual and expected to return across the top companies in a particular industry, it is rare to come upon the worst company in a certain industry. Nevertheless, a poll based on people's views in the United States has identified a corporation as the worst company to work for in the year 2021. This is none other than Meta, the technological behemoth.

The firm, which was once known as Facebook and founded by Mark Zuckerberg in 2004, had a massive rebranding in which it was renamed, Meta. All of Facebook's products, including Facebook, Whatsapp, and Instagram, are now grouped together under the umbrella term Meta. Yahoo Finance conducted this open-ended poll, which was conducted in English. In the year 2021, Meta was named the worst corporation in the world, according to the views of 1541 individuals.

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The Poll & Factors That Led To The Decision

In accordance with the numbers given by the study, Meta received 8 percent of the total votes, making it the clear victor by a wide margin. Alibaba, owned by Jack Ma, was the front-runner. Facebook received 50% more votes than the other social media platforms. In addition to the trading app Robinhood and Nikola, which is a start-up for electric trucks, other names identified by consumers in the study included It should be mentioned that, according to Yahoo Finance, Nikola was named the worst business in the world last year.

There are a plethora of aspects contributing to Facebook's designation as the worst corporation. According to WhatsApp's new privacy policy, the company will gather user information and transfer it with third-party applications. This was met with a great deal of criticism. Another major scandal erupted when Frances Haugen, a former Facebook employee, disclosed several papers demonstrating that the company was fully aware of the effect Instagram was having on adolescent females. Facebook, on the other hand, did nothing about any of this. A significant hit was dealt with Facebook's reputation as a result of this incident.


Featured image: Meta


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