Facebook says half of its employees might be remote

Daniel Fowler
May 22, 2020

He said that there would be "severe ramifications" for employees that attempt to lie about where they are based in an attempt to boost salaries, with the company going as far as monitoring the IP addresses that people are logging in from.

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.

On Thursday, Facebook CEO Mark Zuckerberg live-streamed an employee townhall where he revealed that 95% of the company's employees are working remotely, and that half of all employees would continue working remotely for the next five to 10 years.

As of January 1, Facebook employees working remotely will have their compensation adjusted depending on where they live, with those in cities where living and labour costs are higher receiving more.

Ultimately, Zuckerberg said the changes will help Facebook become more diverse in its workforce.

"We are going to be the most forward-leaning company on remote work at our scale, with a thoughtful and responsible plan for how to do this".

Facebook said it will recruit senior engineering staff in two phases but did not reveal how many positions would be open this summer. He said, "Even if something isn't going to lead to imminent physical harm, we don't want misinformation to be the content that is going viral".

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Over the past few decades, economic growth in the U.S. has been quite concentrated, with major companies often hiring in a handful of metropolitan areas.

Some tech firms have said they don't expect to bring most employees back to the office before 2021.

Zuckerberg's surprise announcement - which followed Twitter's announcement earlier this month that employees would eventually be allowed to work from home indefinitely - will eventually be a "win win" for workers and employers alike, according to one expert. The company has previously said workers will be able to work from home at least through the end of the year.

The company will initially ramp up remote work for new and existing employees in the USA and Canada, focusing on experienced workers, especially senior engineers.

The effect on costs is unclear, Zuckerberg said, as savings will be partially offset by additional costs related to travel and technologies associated with setting up home offices.

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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