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.


'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.'


SurfControl via Yahoo News

Added: 20 August 2007


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