Join getAbstract to access the summary!

Facebook Will Now Let Some Employees Work from Anywhere, but Their Paychecks Could Get Cut

Join getAbstract to access the summary!

Facebook Will Now Let Some Employees Work from Anywhere, but Their Paychecks Could Get Cut

CEO Mark Zuckerberg said about half of the company’s employees could be working remotely in 10 years

The Washington Post,

5 min read
3 take-aways
Audio & text

What's inside?

Facebook’s new “work-from-anywhere” policy will have major implications for its employees and its rivals.

  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×

Editorial Rating

7

Qualities

  • Overview
  • Background
  • Concrete Examples

Recommendation

Like the staff at many other tech companies, most Facebook employees have been working from home since the coronavirus pandemic began. Now, the company could have just half its workforce functioning remotely by 2030. Since Facebook is such a giant in its industry, its plans will have a wide impact on the field’s employment practices, especially in recruitment and compensation. Rachel Lerman and Elizabeth Dwoskin of The Washington Post predict that this effect will last well beyond the COVID-19 emergency. They report that Facebook needs to develop and leverage new technologies to support its employees and to capture additional social media and business users as they adjust to the new normal of remote work.

Summary

“Working from anywhere,” a policy which began as a necessity during the coronavirus pandemic, will soon be business as usual for many Facebook employees.

Following the tech industry’s rapid adoption of work-from-home during the pandemic, Facebook expects to allow half its employees to work remotely by 2030, even when the danger of COVID-19 recedes.

The new policy will allow employees living within a few hours of its offices to start applying for remote options right away, and Facebook plans to expand this opportunity even to potential hires who live outside its existing hubs. The company’s best-performing engineers will be the first group considered for remote work.

Forty percent of current Facebook employees indicated in a survey that they’d like the opportunity to work remotely. Even more – 60% – were interested in having the flexibility to work either at home or in the office. However...

About the Authors

Rachel Lerman and Elizabeth Dwoskin are California-based Washington Post reporters. Lerman covers technology from San Francisco and Dwoskin covers Silicon Valley. 

Comment on this summary