Facebook's Zuckerberg expects 50% of its workforce to work remotely full time.
Facebook employees, who will continue to work from home for an expected five to ten years, will receive cuts if they move to less expensive areas.
Facebook CEO Mark Zuckerberg recently announced the company will allow most of its employees to request a permanent change in their jobs to let them work remotely. The catch? Facebook will localize employees' compensation based on where each employee chooses to live. Zuckerberg confirmed the salary fluctuations – in most cases, expected reductions – viaIn a recent Facebook employee survey, 40% of them said they would permanently change to full-time remote work.
The company is"aggressively" opening remote hiring and expects to shift 50% of its workforce to remote work.
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