We have been getting news about Facebook at Work for so long. After around 2 years of wait, Finally Facebook has announced its enterprise-focused social networking service Workplace.
Facebook began testing this service over a year ago and now it is open to any organization that wants to use it.
Workplace comes with features like news feed, groups, instant messaging, video calls, Live video, reactions, and translation features.
So, you can chat with a colleague across the world in real-time, broadcast presentation on Facebook Live and collaborate.
Having a Facebook’s experience at workplace will surely enhance the experience and employees will take more interest in business communications. 
Facebook also announced Multi-company groups, shared spaces that allow employees from different organizations to work together and extend collaboration beyond your company but in the safe and secure way. These features will be coming to Workplace in coming days.
Facebook confirmed that more than 1000 organizations around the world already use Workplace. This new social networking service already has around 100,000 groups.
“Large multinational companies like Danone, Starbucks and Booking.com, international nonprofits such as Oxfam, and regional leaders such as YES Bank in India and the Government Technology Agency of Singapore have all embraced Workplace,” says social networking giant.
Workplace came with interesting pricing model based on monthly active user metrics. Facebook will charge $3 per user per month for the first 1,000 users; $2 for the next 1,001-10,000; and $1 for any MAUs above that.
This service will directly compete with Yammer and Slack. We are not sure if organizations will go ahead and adopt it, but Facebook already has a big number to boast.
