Companies recognize that their costs will appreciably drop if they’re no longer required to lease pricy real estate in big, overcrowded cities that have high tax rates. They also understand, from a public relations standpoint, that less people driving or taking busses to and from work cuts down on pollution and saves the environment. We’ve all seen by now the before Covid-19 and after photos of cities showing the improvement of the air quality.
Some will say that it's not worthwhile to live in San Francisco, Silicon Valley or other cities where rentals and houses cost a fortune. The taxes and cost of living are also too high. Many will leave the cities and move to places that offer more affordable housing, along with a better quality and higher standard of living. This can be boom for many suburbs and warm, sunny low-tax states and a detriment to the cities that throngs of people escape from.
Zuckerberg can now scout for talent all over the country and world. This could be the worst trend for workers, as CEOs arbitrage the best, cheapest job seekers globally. Facebook will source job applicants who possess all of the right skills and experience and live in lower-cost places and pay them less money then they’d receive working in San Francisco. Dorsey was upfront about this stating, “We can get talent anywhere. There’s a lot of folks out there that do not want to move to San Francisco.
Never a Fan. FB has sneeky bot to gather phone info. No respect when he could not answer questions - Deer Headlight look was NOT encouraging. So...ZUCK is a game-changer as he is the Only One who will adjust wage according to cost of living? Unfair don't you think? 👎👎
Why does he always have that dumb look on his face? Ugh!
If you use my personal data for sell, shouldn't I get half of that cash
Looks like an inanimate object!
This guy is hurting my feelings.
🤦🏾♂️
A company should pay the rate the job is worth regardless of where people live. This is the only way to bring back the middle class and increase prosperity for everyone. How will the EEOC function when anybody from around the globe can compete for US jobs without an 'H' visa.
Guy is a smug punk. He forgets the roots of his invention.
Mark and the mother zuckers are just trump supporters now just like twitter to pay back for all the wonderful legal protections it has. Mark has blocked whole political parties on FB
Thousands of people were fired during the last couple months :(
Looks like devil
Prepare to be Zucked