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Monday, 01 June 2020
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The News and Media Division of The Insight Partners
Friday, 22 May 2020 03:00 pm

Mark Zuckerberg embraces remote work beyond Silicon Valley

Facebook Inc will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg said on Thursday, accelerating the tech sector’s geographic diversification away from its home in Silicon Valley.

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Zuckerberg said the world’s largest social network would start “aggressively opening up remote hiring” in July, expecting that about half its workforce would eventually do their jobs outside Facebook’s offices over the next five to 10 years.

The company would take a more “measured approach” with existing employees based on job function and past performance, he said, and set a January 1, 2021 deadline for staff to update the company on their new locations for tax purposes.

The move is the most significant yet by a tech giant to reimagine what work culture will look like in a post-coronavirus world, as the pandemic upends office and commuting habits for companies around the world.

It follows similar announcements earlier this month by social media rival Twitter and payments company Square, both led by Jack Dorsey, which were the first tech companies to permit remote work indefinitely.

But Facebook is a much larger company, with nearly 50,000 employees, and it went further in laying out a novel proposed structure for remote work. Its decision is likely to have a pronounced impact on the San Francisco area, where the tech sector’s rapid growth has strained regional infrastructure.

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 convene.

“These aren’t necessarily offices,” Zuckerberg said, although the company would likely create “some kind of physical space” to foster community. “The idea for these hubs is that we want to create scale. We want to focus the recruiting energy in some cities where we can get to hundreds of engineers.”

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Tags Mark Zuckerberg Remote work Coronavirus Lockdown Silicon Valley Facebook Work from home

Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


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