Retaining existing employees is also valuable, Zuckerberg said, noting that he could see about 50% of employees working remotely.
In an interview with the BBC, Facebook CEO answered questions about the company's anti-misinformation campaign, the Covid-19 pandemic, upcoming elections, and his near-total control over the world's largest online social network. "Certainly being able to recruit more broadly across the U.S. and Canada to start is going to open up a lot of new talent that previously wouldn't consider moving to a big city", he added.
Facebook recently revealed that it will move hundreds of thousands of employees to permanent remote work status, with CEO Mark Zuckerberg even hinting that half of Facebook's workforce may work remotely in 10 years from now.
The company has been using a range of solutions to help its team members work from home, you can find out more details about this over at their website at the link below. "I'm also concerned about weaker social bonds between colleagues, especially new hires".
Facebook is one of the Valley's biggest employers.
"When you limit hiring to people who live in a small number of big cities, or who are willing to move there, that excludes many people who live in different communities, they have different backgrounds, they have different perspectives", Zuckerberg said in a broadcast.
Workplace, which now has some five million paying users, is taking advantage of innovations in other parts of Facebook, adding virtual "rooms" where as many as 50 people can drop in for video chats and integrating services from its Portal smart screens and Oculus virtual reality.
It said it believed there were 120 fake Russian-backed pages which created 80,000 posts around the time of the campaign between Trump and former secretary of state Hillary Clinton. For accounting and tax reasons, the executive said employee pay could be adjusted in cases where employees change locations. "Because this is fundamentally about changing our culture and the way that we all are going to work long-term".
That said, there's a catch in the company's work from home scheme - salary. Facebook may also reconsider employees' compensation if they do want to relocate. He also pointed out the shift to remote work would enable Facebook to better hold on to staff members who wish to move out of Silicon Valley.