Facebook’s Zuckerberg embraces remote work beyond Silicon Valley

spike

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg said on Thursday, accelerating the tech sector’s geographic diversification away from its home in Silicon Valley.

FILE PHOTO: Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing on Capitol Hill in Washington, U.S., October 23, 2019. REUTERS/Erin Scott

Zuckerberg said the world’s largest social network would start “aggressively opening up remote hiring” in July, expecting that about half its workforce would eventually do their jobs outside Facebook’s offices over the next five

Read More

Facebook’s Zuckerberg embraces remote work outside Silicon Valley

spike

FILE PHOTO: Facebook’s campus is seen on the edge of the San Francisco Bay in Menlo Park, California in this aerial photo taken January 13, 2017. REUTERS/Noah Berger

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) will permanently embrace remote work even after coronavirus lockdowns ease, Chief Executive Mark Zuckerberg told employees on Thursday, accelerating the tech sector’s geographic diversification away from its home in Silicon Valley.

Zuckerberg said the world’s largest social network would start “aggressively opening up remote hiring,” expecting that about half its workforce would work remotely over the next five to 10 years.

The company

Read More

As virus threatens, U.S. embraces big government, for now

spike

WASHINGTON, March 28 (Reuters) – It may, as House Majority Leader and Maryland Democrat Steny Hoyer said on Friday, be out of love that the United States agreed to shut down much of its economy to stop a viral epidemic and save lives.

FILE PHOTO: U.S. Secretary of the Treasury Steven Mnuchin walks from a meeting during negotiations on a coronavirus disease (COVID-19) relief package on Capitol in Washington, U.S., March 23, 2020. REUTERS/Joshua Roberts

It may, as Treasury Secretary Steven Mnuchin said, be out of necessity that the federal government agreed to foot the bill.

Whatever the motivation, in

Read More