Up to half of employees could work remotely within five years, CEO Mark Zuckerberg says in an interview. The work-from-home shift has been accelerated by the COVID-19 pandemic.
In a move that illustrates how swiftly the COVID-19 pandemic is reshaping the global economy, Facebook said today that it would begin allowing most of its employees to request a permanent change in their jobs to let them work remotely. The company will begin today by making most of its US job openings eligible for remote hires and begin taking applications for permanent remote work among its workforce later this year.
“We’re going to be the most forward-leaning company on remote work at our scale,” CEO Mark Zuckerberg said in an interview with The Verge. “We need to do this in a way that’s thoughtful and responsible, so we’re going to do this in a measured way. But I think that it’s possible that over the next five to 10 years — maybe closer to 10 than five, but somewhere in that range — I think we could get to about half of the company working remotely permanently.”
A big test for Facebook and Twitter today
Both companies have said unequivocally they will prohibit misinformation about methods of voting in advance of the 2020 election
Trump is spreading misinformation about voting methods on both platforms
Will they enforce their policies?
— Judd Legum (@JuddLegum) May 20, 2020
Target: online sales up 141%
Walmart: online sales up 74%, stock at record high
Amazon: sales up 26%, stock at record high
Facebook: adds shopping, stock at record high
Small businesses: down 40%
We're seeing a giant transfer from small biz to conglomerates
— Dan Price (@DanPriceSeattle) May 20, 2020