How Mark Zuckerberg shook the job market

How Mark Zuckerberg shook the job market

Jun 04, 2020

252 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
    Top 5 Challenges of HR Professionals During COVID-19 Pandemic

    When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...

    Top paying Careers in 2021

    The economy may be taking its time with recovery, but hiring and job hunting are at an all-time hig ...

    Know the Work Habits of Highly Effective Employees

    The employees are the most valuable assets of any organization. It’s their credibility, efficiency, ...

    All you need to know about the teaching profession

    Teaching jobs: transformative teacher roles you can undertake amidst the teacher shortage in the US ...

    Show more news