Microsoft (MSFT -1.32%), Facebook (META 0.84%), Twitter (TWTR), and Alphabet’s Google (GOOG -1.14%) (GOOGL -0.98%) are bracing for an onslaught of business disruptions as the novel-coronavirus spreads in the U.S.
Microsoft’s actions to encourage employees to work at home and the closing of offices for deep cleaning is taking a toll on many of its hourly workers. To alleviate that financial stress, Microsoft said it will continue to pay all of its vendor hourly service providers during the outbreak. That’s regardless of if their services are needed. They include workers who staff Microsoft’s cafes, drive its shuttles and support its on-site tech and audio visual needs.
In Puget Sound, Microsoft said it will ensure 4,500 hourly employees continue to get paid even if work hours are reduced. Two of Microsoft's employees, one working at Microsoft and another at its LinkedIn unit tested positive for the virus.
Facebook, Google, and Twitter have all followed Microsoft's lead, telling CNBC they plan to continue to pay hourly workers regular wages. Twitter also vowed to reimburse employees for some of the costs associated with setting up a home office.
For weeks technology companies have been taking steps to prevent the spread of coronavirus and mitigate some of the economic blow it will bring. In addition to encouraging employees to work from home, tech companies have suspended all travel and canceled conferences. They're also closing facilities to prevent the spread of the virus. As of Friday afternoon, there were 164 confirmed cases in the U.S. but that's expected to surge over the weekend.