Facebook plans to move to a more distant workforce, becoming the last technology group to continually review its work practices in the aftermath of the pandemic.
CEO Mark Zuckerberg told staff via live stream on Thursday that the 45,000 social media company “aggressively opens up remote recruitment” and estimates that half of its staff could work remotely within five to the next ten years.
Share plans externally in case it “helps other organizations think about the future of work,” he said, “We are going to be the most forward-looking company in remote work.” on our scale. “
” I am . . . very excited about the potential to spread economic opportunities in the country more, and in the long run, potentially even around the world, “added Zuckerberg.
The new policy could have far-reaching consequences for local economies and the housing markets of San Francisco and the surrounding Bay Area. It would initially be offered to experienced, high-performing personnel in the United States who had the approval of their managers, he said. He would also be available for certain new hires from July 1.
The change comes a day after San Francisco-based Twitter and Square, both headed by Jack Dorsey, announced that staff would be allowed to work from home permanently if they wished.
E-commerce group Shopify also made a similar announcement on Thursday, with CEO Tobi Lutke tweeting: “Starting today, Shopify is a digital business by default. . . Centricity in the office is over. The San Francisco Coinbase cryptocurrency exchange said this week that it would become “remote first.”
In his announcement, Zuckerberg said that if staff decide to move to low-cost areas to work remotely, they may see their wages reduced. Although the company would not make any immediate changes, as of January 1, the company “will essentially adjust the salary at your location at that time,” he said.
For those who return to the office, life will be different. The company plans to reopen its offices starting in July, but only at 25% of its capacity to meet guidelines for social distancing. Staff will have to wear masks at work and undergo temperature checks, according to a Bloomberg report.
Other tech groups, including Los Angeles-based Snap, have also weighed in on the introduction of health screening and other changes for those returning to the office, such as refurbished floor plans and the removal of canteens communal.
Facebook is also stepping up its efforts in the workplace communications market, opposing Zoom and Slack as it searches for new sources of revenue beyond advertising.
On Thursday, the company announced the rollout of new features for its subscription business software product, Workplace by Facebook, including a video conferencing tool and updates to its live streaming tool.
Workplace reached 5 million paid subscribers in the first quarter of 2020, up from 3 million in October of last year. It was originally launched to focus on connecting mobile workers without an office, but has since added collaboration tools.