How Mark Zuckerberg shook the job market

How Mark Zuckerberg shook the job market

Jun 04, 2020

52 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
    Did You Lose Your Job During COVID-19? Here’s What to Do

    First of all, know that you’re not alone in this. About 20.6 million Americans have lost their jobs ...

    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 ...

    How to Avoid Burnout in 2022

    Whatever your work setting may be, it’s important to stay productive while you don’t burn out. Here ...

    Financial steps to consider before quitting your job

    Americans live paycheck to paycheck, making it difficult to leave their current employer. All thing ...

    Show more news