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

Aug 26, 2020 - Technology

Facebook warns advertisers on Apple privacy changes

Illustration: Lazaro Gamio/Axios

Facebook is warning advertisers that they can expect weaker ad performance from iPhone users once iOS 14 comes out next month and is telling them to create second advertiser accounts to contain the disruption.

Why it matters: Many of Facebook's advertising partners rely on Apple's "Identifier for Advertisers" (IDFA) user tracking feature to, for instance, target would-be users by interest and see if they actually clicked on a mobile ad directing them to install a particular app. Changes to IDFA coming with iOS 14 will have a big impact on the marketing strategies for many businesses, and on Facebook's bottom line.

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  1. Global: Total confirmed cases as of 6:15 p.m. EST: 32,062,182 — Total deaths: 979,701 — Total recoveries: 22,057,268Map.
  2. U.S.: Total confirmed cases as of 6:15 p.m EST: 6,967,103 — Total deaths: 202,558 — Total recoveries: 2,670,256 — Total tests: 97,459,742Map.
  3. Health: Cases are surging again in 22 states — New York will conduct its own review of coronavirus vaccine.
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  5. Technology: 2020 tech solutions may be sapping our resolve to beat the pandemic.
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The child care tax on America's economy

Child care in the U.S. is in crisis, which makes it much harder for the American economy to recover — as providers struggle to stay in business and parents wrestle with work.

Axios Re:Cap digs into the problems and what can be done to solve them, with Vox senior reporter Anna North.

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