Glassdoor announced the winners of its 10th annual Employees' Choice Awards, honoring the Best Places to Work in 2018. Winners are determined entirely on feedback provided by the employees. Robert Hohman, CEO of Glassdoor, breaks down the the companies that topped this year's list.
Facebook grabbed the number one spot for the third time. Hohman explains what is it about Facebook's culture that puts it in the top spot once again.
Although there were plenty of familiar faces that reappeared on the list, 40 newcomers found their way onto it this year, including Blizzard Entertainment and Adidas. Only Bain & Company, Google, and Apple made the list for the 10th consecutive year.
TikTok has rolled out updated rules and standards for content and its CEO warned against a possible U.S. ban on the video sharing app as he prepares to face Congress.
Foot Locker is planning to close 400 stores by 2026 as part of a "reset" of its retail brand. The relaunch could also introduce "experiential" new stores and shifting away from underperforming stores in malls, which currently account for 10 percent of its sales.
Treasury Secretary Janet Yellen is trying project calm after regional bank failures, saying the U.S. banking system is “sound” but additional rescue arrangements “could be warranted” if any new failures at smaller institutions pose a risk to financial stability.
