Economy

Facebook says half of its employees might be remote

Facebook says half of its employees might be remote”

The projection - a guess, Zuckerberg said, not a target - marks a major pivot by the world's biggest social media company to support working from home after the pandemic.

But those remote workers will have to alert Facebook if they move to a new location by January 1. and may have their pay adjusted accordingly, he added.

Workplace from Facebook, the tech giant's communication offering for companies and employees, has more than five million paid users, up from three million in October a year ago. "There'll be severe ramifications for people who are not honest about this".

"How do we encourage creativity when we are seeing each other less, what's the best way to make sure everyone has equal opportunities ... hiring remotely should help, but if remote work ends up being harder, how do we prevent that from affecting people".

Even as many tech workers dream of a future in low-tax states, others on message boards fret about how the shift to remote work could exert downward pressure on salaries across the board and warn that being far from headquarters could steepen the climb up the corporate ladder. Zuckerberg said he expects only about 25% of Facebook employees to return to their desks initially as the company looks to reopen its offices.

In an interview with The Verge, Zuckerberg said that Facebook is aiming to be the "most forward-leaning company on remote work" at its scale.

More news: Lady Gaga Admits She Was 'Too Ashamed' To Be Ariana Grande's Friend

Those choosing to continue working remotely will be required to report their locations to the company, Zuckerberg said.

Mr Zuckerberg was interacting with his employees through a Facebook livestream on Thursday that suddenly disconnected after just under an hour. This is applicable in not only hiring but also in retaining some employees who just had to quit as they were relocating, he added.

Later in the morning, during a company townhall streamed on his Facebook page, Zuckerberg said the company will be taking a "measured approach to opening permanent remote work for existing employees".

Facebook, which has already said it will stick to plans to hire 10,000 engineers and product employees this year, will also build three new "hubs" in Atlanta, Dallas and Denver where remote workers in those areas could occasionally meet. At the same time, employees have been able to avoid long commutes to the office, freeing them up to spend more time on their personal lives or office projects.

The service will allow businesses - irrespective of size and budget - to list and sell products directly to consumers across Facebook's apps for free.



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