As Rob Price reported this week, a survey of thousands ofWhat does it mean for compensation and staff costs? Zuckerberg said that, which makes business sense but could be hard to pull off without damaging morale.
What does it mean for hiring and employee retention? For commercial and residential real estate in the cities the employees are leaving and moving to? Silicon Valley's rivals certainlyWe'll have lots more coverage on this in the coming weeks, but I'd love to get your take. What percentage of tech employees currently living and working in Silicon Valley would you expect to leave in the next five years? And where do you think they're likely to move to? Let me know.
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Remote work will shrink big company perks, making startup hiring easier - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I respectfully disagree! FAANG companies have seen work productivity go up. Talented engineers impacted (AirBnB, Uber to name a few) will eventually be absorbed by FAANG. Cost savings from rent cuts can be used in operational expenditures, better pay to attract top talent. Really shallow analysis. Ping pong tables as perks are a trope of the mid 00s, FB/GOOG strategy is to pay 95th pctl on salary and benefits in local markets; this means they’re a new threat that will make it harder for smaller companies to attract top talent Really shallow analysis. Ping pong tables as comp is a trope of the mid 00s, FB/GOOG real strategy is to pay 90+ pctl on salary and benefits in a local market; this means they’re a new threat that will make it harder for regional companies to retain talent
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Amazon-backed startup launches full-remote actress control product - Business InsiderThis smart home startup, which raised over $41 million from investors like Amazon and Bain, just launched a product that allows complete touch-free access to apartments, even for your GrubHub delivery person
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Business Insider presents: Starting Up with Slack cofounder and CTO Cal Henderson - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Remote work startups buck a spiraling valuation trend - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Sam-Altman backed housebuilding firm Atmos wants techies to leave SF - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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