Billions of dollars Facebook costs Australian companies



The cost, in British pounds, borne by businesses in Australia due to staff using Facebook rather than doing work.

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'Cullen said his findings were based on a typical Facebook user, earning an average wage, spending an hour a day on line. He then calculated the cost to companies if one person in every organization spent an hour on Facebook instead of working.

"We got the extraordinary figure of A$5 billion," he said.'

Source:

SurfControl via Yahoo News


Added: 20 August 2007