Zuckerberg: Facebook could get to about half of staff working remotely permanently in 5-10 years and will be the “most forward-leaning company on remote work”
don't shoot the messenger. Fili-Perf / @fabrantes : This is big coming from Facebook, it has never been a remote friendly company. I'm loving this trend of increased decentralization. https://twitter.com/... Sarah Frier / @sarahfrier : “Localize” is a great word for “pay you less if you don't live in the Bay Area” Those folks planning to leave now have a hint that their salaries might not leave with them, at least after Jan 1. https://twitter.com/... Cemre Gngr / @gem_ray : Apparently this is happening! Curious how PM's feel about being mostly remote? After 2 months of WFH, my preference would be 50/50 at most. I miss hanging out with my team 😞 https://www.theverge.com/... Alex Berenson / @alexberenson : Great story bro. Did you ask him about the First Amendment rights he and his $650 billion company are squelching in the next 5-10 minutes? Or did that not come up? https://twitter.com/... Nitasha Tiku / @nitashatiku : her story always stuck with me because tech parental benefits are far superior and yet hearing how moms have to navigate before leave, while they're out, and once they get back...sounds like every other industry Nitasha Tiku / @nitashatiku : remember the Facebook data scientist who had to quit to take care of her kid because FB wouldn't let her wfh https://www.wired.com/... https://twitter.com/... Sam / @samir_madani : Yeah and he's probably going to track every single phone to see where people live. https://twitter.com/... Meg Graham / @megancgraham : Zuckerberg predicts 50% of FB employees could be WFH full time in the next 5-10 years. Employees will have to notify the company if they move to a different location by 1/1/21 & may have their compensations adjusted based on their new locations, he said https://www.cnbc.com/... Dare Obasanjo / @carnage4life : It's an interesting contradiction that states are pushing to reopen and the most successful tech companies in the world are like “we're never going to the office again” Joanna Stern / @joannastern : Facebook shifting permanently towards more remote work even after Coronavirus says a lot to me about the company's confidence in building even better communication tools, ESPECIALLY in AR and VR https://www.wsj.com/... Aaron Levie / @levie : The push happening around remote work is as game-changing for the future of tech as the launch of the iPhone was in 2007. This is not about real estate; it will change how products will be designed, how teams collaborate, and how companies will be run going forward. Jane Manchun Wong / @wongmjane : I remember asking whether Facebook does remote working two years ago, they said nobody works remotely To go from all-centralized to allowing remote working, this is bold and such a drastic change! https://twitter.com/... @mynbc15 : Following Twitter's strong lead, Mark Zuckerberg says Facebook will start allowing many of its 50,000 employees to work from home on a permanent basis, adding to the companies that have embraced decentralized work during the coronavirus pandemic. https://www.nbcnews.com/... Ryan Burgess / @burgessdryan : The remote saga continues. Half of Facebook may move to working remotely https://www.nbcnews.com/... Steve Tate / @tate28 : Commercial Real Estate is gonna be an interesting sector to watch over the next 5 years. https://twitter.com/... Lauren Goode / @laurengoode : “Within the next five to 10 years, Zuckerberg anticipates that about 50 percent of Facebook's workforce will work remotely.” https://www.nbcnews.com/... Dare Obasanjo / @carnage4life : Like open offices, working from home is sold as being about employee wellbeing but will lead to massive cost savings & require employees to come up with new tools to make up for what they've lost. Investors will now look to every tech company to reduce costs this way. Guaranteed Kurt Wagner / @kurtwagner8 : Here's a story with a lot of details about FB's remote work strategy, including good quotes from Zuck like this: “I'd rather have our employees teleporting to work with VR or video chat than sitting in a commute and kind of poisoning the atmosphere.” https://www.bloomberg.com/... Jay Yarow / @jyarow : Why did we need a pandemic to create this cultural shift. https://www.cnbc.com/... Elizabeth Dwoskin / @lizzadwoskin : My takeaway from Zuck jumping on the wfh 4ever bandwagon: Just like buying IG or WhatsApp or diving into cryptocurrency, he's incredibly shrewd about seizing what's hot in the moment and then using FB's natural advantage of scale to try and dominate it. Thoughts @profgalloway? Scott Austin / @scottmaustin : Facebook worker poll, according to Zuckerberg: -40% are somewhat or very interested in remote work -50% want to return to the office as fast as possible -Of those who want to WFH, 45% are confident they'd move to another city; 30% said they might move -60% want hybrid office/WFH @dhh : This is like a game of musical chairs. By the end of the week, we'll see what big-tech laggards are still standing. I'm putting good money on Apple, but I'd be surprised if the likes of Google and Salesforce don't feel the squeeze here. https://twitter.com/... Caroline McCarthy / @caro : We're reaching a point in the tech industry where companies that *don't* do this with jobs that could be remote are going to be putting themselves at risk of litigation if employees get sick. https://twitter.com/... Jacob Ward / @byjacobward : That's nearly 25,000 people free to live almost anywhere they like. https://www.nbcnews.com/... via @dylanbyer @nbcnews Garrett Haake / @garretthaake : Offices and cities are going to be very, very different places. https://twitter.com/... @kerrymflynn : Ok but like Mark, Jack said it first https://twitter.com/...
“We'll localize everybody's comp on January 1” Mark Zuckerberg tells @KurtWagner8. “They can do whatever they want through the rest of the year, but by the end of the year they should either come back to the Bay Area or they need to tell us where they are” https://www.bloomberg.c…
I spoke with Mark Zuckerberg about how he decided to take Facebook remote, the tools he wants to build, and how his own thoughts around working remotely have changed due to the pandemic. https://www.theverge.com/... https://twitter.com/...
Why is Zuck's making Facebook a WFH company? To accelerate the development of AR/VR products. This is a strategic, bet-the-company decision, same as when he cut off desktop access to https://facebook.com/ by employees to defeat Google+ for mobile. https://www.theverge.com/... htt…
@antoniogm Pay localization is only the first step. The real fun starts when employers see the new arbitrage opportunities that get opened up. It'll be like early '00's offshoring on steroids.
Get ready for this to become a common practice. Please, I'm begging you, organize your workplace or get your unions talking about this shit ASAP. You make the company the same amount of money no matter where you do it, and should be paid appropriately. https://twitter.com/...
It's odd to see Valley types, in light of the FB WFH news, debating whether comp should follow a ‘cost plus’ or ‘fraction of value added’ model. In my experience it's always followed the Goldman Sachs bonus algorithm: Exactly $1 more than your walkaway price as an employee.
wfh is a platform shift like mobile was a decade ago . great for the tech industry writ large . not great for bay area engineers . really bad for lots of other industries. <— don't shoot the messenger.
This is big coming from Facebook, it has never been a remote friendly company. I'm loving this trend of increased decentralization. https://twitter.com/...
“Localize” is a great word for “pay you less if you don't live in the Bay Area” Those folks planning to leave now have a hint that their salaries might not leave with them, at least after Jan 1. https://twitter.com/...
Apparently this is happening! Curious how PM's feel about being mostly remote? After 2 months of WFH, my preference would be 50/50 at most. I miss hanging out with my team 😞 https://www.theverge.com/...
Great story bro. Did you ask him about the First Amendment rights he and his $650 billion company are squelching in the next 5-10 minutes? Or did that not come up? https://twitter.com/...
her story always stuck with me because tech parental benefits are far superior and yet hearing how moms have to navigate before leave, while they're out, and once they get back...sounds like every other industry
remember the Facebook data scientist who had to quit to take care of her kid because FB wouldn't let her wfh https://www.wired.com/... https://twitter.com/...
Zuckerberg predicts 50% of FB employees could be WFH full time in the next 5-10 years. Employees will have to notify the company if they move to a different location by 1/1/21 & may have their compensations adjusted based on their new locations, he said https://www.cnbc.com/...
It's an interesting contradiction that states are pushing to reopen and the most successful tech companies in the world are like “we're never going to the office again”
Facebook shifting permanently towards more remote work even after Coronavirus says a lot to me about the company's confidence in building even better communication tools, ESPECIALLY in AR and VR https://www.wsj.com/...
The push happening around remote work is as game-changing for the future of tech as the launch of the iPhone was in 2007. This is not about real estate; it will change how products will be designed, how teams collaborate, and how companies will be run going forward.
I remember asking whether Facebook does remote working two years ago, they said nobody works remotely To go from all-centralized to allowing remote working, this is bold and such a drastic change! https://twitter.com/...
Following Twitter's strong lead, Mark Zuckerberg says Facebook will start allowing many of its 50,000 employees to work from home on a permanent basis, adding to the companies that have embraced decentralized work during the coronavirus pandemic. https://www.nbcnews.com/...
“Within the next five to 10 years, Zuckerberg anticipates that about 50 percent of Facebook's workforce will work remotely.” https://www.nbcnews.com/...
Like open offices, working from home is sold as being about employee wellbeing but will lead to massive cost savings & require employees to come up with new tools to make up for what they've lost. Investors will now look to every tech company to reduce costs this way. Guaranteed
Here's a story with a lot of details about FB's remote work strategy, including good quotes from Zuck like this: “I'd rather have our employees teleporting to work with VR or video chat than sitting in a commute and kind of poisoning the atmosphere.” https://www.bloomberg.com/...
My takeaway from Zuck jumping on the wfh 4ever bandwagon: Just like buying IG or WhatsApp or diving into cryptocurrency, he's incredibly shrewd about seizing what's hot in the moment and then using FB's natural advantage of scale to try and dominate it. Thoughts @profgalloway?
Facebook worker poll, according to Zuckerberg: -40% are somewhat or very interested in remote work -50% want to return to the office as fast as possible -Of those who want to WFH, 45% are confident they'd move to another city; 30% said they might move -60% want hybrid office/WFH
This is like a game of musical chairs. By the end of the week, we'll see what big-tech laggards are still standing. I'm putting good money on Apple, but I'd be surprised if the likes of Google and Salesforce don't feel the squeeze here. https://twitter.com/...
We're reaching a point in the tech industry where companies that *don't* do this with jobs that could be remote are going to be putting themselves at risk of litigation if employees get sick. https://twitter.com/...