Facebook CEO Mark Zuckerberg on Thursday said he predicts that 50% of the company’s employees could be working remotely within the next five to 10 years.
“We’re going to be the most forward-leaning company on remote work at our scale,” Zuckerberg said.
In sync with his prediction, Zuckerberg announced that Facebook is going to “aggressively” ramp up its hiring of remote workers, and the company is going to take a “measured approach” to opening up permanent remote work positions for existing employees.
Zuckerberg made his prediction on his weekly live stream with employees, telling them that this decision should help the company improve its employee retention, and it will allow Facebook to hire from talent pools that previously wouldn’t consider moving to big cities to work for the company. Additionally, this decision will allow Facebook to improve the diversity of its workforce and spread economic opportunity across more places.
“When you limit hiring to people who either live in a small number of big cities or are willing to move there, that cuts out a lot of people who live in different communities, different backgrounds or may have different perspectives,” Zuckerberg said.
Facebook is the latest company to announce a decision to continue supporting remote work. This follows similar decisions by companies like Twitter, Square and Shopify.
Zuckerberg’s announcement comes as Facebook announced new features for Workplace, the company’s enterprise communication software. Boosted by the coronavirus pandemic, Workplace has grown its base from 3 million paid users in October to 5 million, the company announced on Thursday.