How Mark Zuckerberg shook the job market

How Mark Zuckerberg shook the job market

Jun 04, 2020

94 Views

0 comments

Often perceived as a tycoon, Mark Zuckerberg recently announced that he will be making the remote working option permanent for all his employees, regardless of the pandemic. He clearly sees the business benefits from this move as employees rejoice on not having to pay Silicon Valley house rent rates. What may seem like a tiny step towards a more productive workforce was, in reality, a power move, which will have ripple effects on the industry. This means a dip in salaries for San Francisco workers as well as larger cities. This will also have an impact on 39 million Americans who are out of work. 

Previous days news

Comments

    Others news
    Article
    These Companies Are On Holiday Hiring Spree-Are You Ready?

    The current unemployment rate in the US stands at 6.7%, which is almost double the rate in February ...

    25+ Hiring Strategies To Help You Source Talented Candidates

    Companies have resorted to digital hiring processes to ensure health, safety, and convenience to jo ...

    Tips for Staffing Agencies to Create a Competitive Advantage

    Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...

    Effective Ways to Stay Productive While Telecommuting

    Remote working is not a new thing in the US but a lifesaver in the current situation when social di ...

    Show more news