May 21, 2020 - Technology

Facebook could have 50% of staff on remote work by 2030

Photo: Johannes Simon/Getty Images

In an internal meeting with staff on Thursday, Facebook CEO Mark Zuckerberg said the company is planning to shift the majority of its workforce to be able to work remotely in the next 5-10 years.

Why it matters: The coronavirus pandemic has forced many companies to quickly adopt remote working strategies. Tech companies, which are well-equipped for remote work, are preparing to make remote work the new normal for most of their employees.

Zuckerberg told Axios: "My prediction is that in 5-10 years we could have ~50% working remote. That's not a target, just a prediction based on the demand we've seen so far."

  • "The first steps will be aggressively opening up remote hiring around the whole US and Canada, especially for experienced engineers, as well as letting some employees request to become permanent remote workers."

Details: In an interview with NBC, Zuckerberg said it "doesn't seem that good to constrain hiring to people who live around offices."

  • Zuckerberg says that the company plans to unlocking remote hiring immediately. In the past, Zuckerberg had implied that working in or near a Facebook office was important towards maintaining a strong workplace culture. Now, that idea seems less feasible and less necessary, given that the company continues to perform well despite more people working remotely.

Be smart: Facebook has already said that people can work remotely through the end of 2020 if they choose. It was one of the first companies to tell employees to start working from home, if possible, in the first place. It's already said that non-essential corporate travel is cancelled until 2021.

The big picture: More remote work will be a major trend coming out of the coronavirus. Big companies like Facebook will pioneer that trend.

  • Twitter and Square, both run by Jack Dorsey, announced last week that people could work from home indefinitely if they wanted to.

Go deeper: Many tech workers won't go back to offices after coronavirus crisis

Go deeper

Trump's week of viral quicksand

Data: NewsWhip; Chart: Andrew Witherspoon/Axios

Stories about President Trump's photo op at St. John's church after peaceful protesters were forcefully cleared from the area averaged the most online attention of any issue about the president this week.

Why it matters: Trump's force-over-compassion approach to the demonstrators protesting the murder of George Floyd had Republican allies backpedaling to keep a distance — and led to a wave of condemnations that got plenty of online traction on their own.

Biden formally secures Democratic presidential nomination

Joe Biden speaks at Delaware State University's student cente on June 5. Photo: Jim Watson/AFP via Getty Images

Former Vice President Joe Biden became the formal Democratic presidential nominee on Friday evening, per AP.

The big picture: Biden has been the presumptive frontrunner to take on President Trump since Sen. Bernie Sanders suspended his campaign in early April.

Updated 11 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9 p.m. ET: 6,724.516 — Total deaths: 394,018 — Total recoveries — 2,996,832Map.
  2. U.S.: Total confirmed cases as of 9 p.m. ET: 1,894,753 — Total deaths: 109,042 — Total recoveries: 491,706 — Total tested: 19,231,444Map.
  3. Public health: WHCA president says White House violated social-distancing guidelines to make reporters "a prop" — Jailing practices contribute to spread.
  4. Sports: How coronavirus could reshuffle the sports calendar.
  5. Jobs: Better-than-expected jobs report boosts stock market.
  6. Media: The Athletic lays off 8% of staff, implements company-wide pay cut.