Great start, Mark! Livestream of Zuckerberg’s staff address on allowing HALF Facebook’s 50,000 employees to work permanently from home cuts OUT
- Zuckerberg’s livestream feed cut off while he was discussing the future of Facebook’s 50,000-person workforce Thursday morning
- During the video, Zuckerberg said he believes that by 2030 half of company employees will be working permanently from home
- He said employees already have the option to work from home through 2020
Mark Zuckerberg’s Facebook livestream feed shut off while he was talking to employees about his prediction that more than half of the company will be working from home permanently by 2030.
The Facebook CEO was nearly done with his discussion about the future of the company’s 50,000-person workforce during a livestream on Thursday when it suddenly cut out and an error screen appeared.
Zuckerberg did manage to finish most of his discussion which began with him saying: ‘I think it’s clear that COVID has changed a lot about our lives. That certainly includes the way that most of us work.’
‘We’ve already told people that through 2020, they can chose to work from home,’ he said, adding that 95 per cent or more of the company’s employees are currently working from home.
‘We are going to be the most forward-leaning company on remote work at our scale, with a thoughtful and responsible plan for how to do this,’ Zuckerberg said.
‘But we’re going to do this in a measured way over time’.
Mark Zuckerberg’s Facebook livestream feed shut off (error screen, right) while he was talking to employees about his prediction that more than half of the company will be working from home permanently by 2030
The billionaire then went on to give his prediction for the future. ‘I think that it’s quite possible that over the next five to 10 years about 50 per cent of our people could be working remotely.
‘That’s not a target or goal,’ Zuckerberg said, before pointing to the survey results from Facebook employees that found there is a lot of demand to continue working from home.
With the permanent remote work, Facebook has outlined criteria for an individual’s eligibility.
First, an employee must be experienced. Secondly, Zuckerberg said employees must have ‘very strong recent performances, which includes two meets-all expectations or above ratings’.
Zuckerberg said the employees must be ‘a part of a team that is supporting remote work’.
Lastly, ‘you have to start by getting approval from your group leader,’ Zuckerberg added.
Regarding compensation, Zuckerberg said Facebook employees will be paid based on location. That means that compensation will be lower for people living in less expensive areas.
He said the company has set a January 1, 2021 deadline for staff to update their new locations.
Zuckerberg’s announcement comes as businesses (file image, employees working from home) adjust to the impact of COVID-19, which is also expected to reshape the future of office spaces after the pandemic retreats
Zuckerberg’s announcement comes as businesses adjust to the impact of COVID-19, which is also expected to reshape the future of office spaces after the pandemic retreats.
Shopify also recently made a similar announcement.
Tobi Lutke, the CEO of Canadian e-commerce firm Shopify declared on Thursday the end of ‘office centricity’ and decided to keep company offices closed till 2021, allowing most employees to work remotely on a permanent basis after that.
Ottawa-based Shopify, which briefly became Canada’s most valuable company earlier this month, had more than 5,000 employees and contractors worldwide as of December.
‘As of today, Shopify is a digital by default,’ Lutke, who is also the founder of Shopify, said in a tweet. ‘We will keep our offices closed until 2021 so that we can rework them for this new reality. Office centricity is over.’
Square Inc and Twitter recently allowed employees to continue working from home permanently.