Facebook Embraces Remote Work But Salaries Will Reflect Local Cost of Living

Facebook (NASDAQ: FB) is all in with maintaining a remote workforce once the COVID-19 pandemic is contained, saying on a Facebook Live stream in the next five to ten years half of its employees will be working from home.

As it stands, about 95% of Facebook employees are working remotely during the pandemic, with many planning to do so throughout 2020. Zuckerberg said that, given social distancing requirements and the reality that the pandemic doesn't completely go away anytime soon, Facebook only expects to have 25% capacity in its office initially. "A lot of us will be working remotely for some time to come," Zuckerberg said in the address to employees that was made public on Facebook. "Coming out of this period we expect remote work is going to be a growing trend as well."

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