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.
some are leaving the US
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: wwd - 🏆 24. / 68 Read more »