The new tech hubs: With more employees working from home, companies could diversify workforces

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

There's a reverse-migration happening in the tech industry: Workers are leaving overpriced Silicon Valley for Atlanta and other hubs. This could help the tech industry finally diversify.

For years, Jean Harvey was part of the Silicon Valley machine, putting in long hours with modest advancement and steep living costs.

Harvey is part of a reverse-migration leaving the valley that could accelerate, with long-term repercussions for multiple local economies, hiring habits in tech, and — perhaps finally — a more diverse workforce in the industry after decades of stalled attempts. Working from home proved that employees can be as productive, if not more, than gathering at a central location, exploding the long-held narrative that tech jobs and funding were concentrated in a few regions.

Atlanta has emerged as a prime landing spot because of its engineering pipeline at local colleges — Georgia Tech, Emory University, Morehouse College, and Spelman College — and as the headquarters of major corporations like Coca-Cola Co. KO, +1.04% , Delta Air Lines Inc. DAL, +11.87% , United Parcel Service Inc. UPS, +1.00% , and Home Depot Inc. HD, +1.24% .

Half of Facebook’s 45,000 employees could still be working remotely in the next five to 10 years, CEO Mark Zuckerberg said in a public video announcing the policy May 21. This, in turn, will lead to the social-networking giant to start “aggressively” opening up hiring for remote workers, including people living in areas a few hours away from its offices and in new hubs it will establish, according to Zuckerberg.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

some are leaving the US

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech companies say they value diversity, but reports show little change in last six yearsMany mega-cap tech companies began publishing annual diversity reports in 2014. But few have made much ground, especially in hiring Black employees. They don’t need to change. They know all it takes to get Democratic voters is WORDS and BS promises. And they’re right. Because they’re not gonna hire a shit ton of people simply because their skin is a different shade. They do that only sometimes. Tech companies pay for RESULTS if some young black kid with arms, 5 legs, purple ears and green hair wrote a profitable app, they'd buy it in a heartbeat regardless, so if there's a lack of 'diversity' in the industry it simply shows a lack of application amongst blacks.......
Source: CNBC - 🏆 12. / 72 Read more »

Battling anti-encryption drive, tech companies pledge new child abuse disclosuresTech companies including Facebook , Google and Microsoft on Thursday pledged to improve and standardise annual disclosures around online child exploitation, as they fight off moves to limit encryption.
Source: Reuters - 🏆 2. / 97 Read more »

Historically White Beauty Industry Promises to Diversify WorkforceThe disproportionately white beauty industry is actively looking to hire more Black employees. For some, it’s the first time.
Source: wwd - 🏆 24. / 68 Read more »