Reply to Facebook announces that remote WFH employees will have salaries decreased to match local COL

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Reply to "Facebook announces that remote WFH employees will have salaries decreased to match local COL"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]
I don’t know why Facebook is trying this—Facebook sucks. Who really WANTS to work there anyway now—except for the money? Most young techies feel it’s sort of embarrassing. It just seems like people are extrapolating that all highly paid tech workers are going to be screwed now. My point was that many big tech companies have had remote workers or workers in satellite branches for years now, and those workers are still highly paid. Are they paid as much as people working in Silicon Valley? No. There’s a COL difference, but it’s not THAT much. Whatever Facebook does, I don’t think more remote jobs are going to dramatically hurt salaries for engineers.
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LOL.. someone is jealous.    FB is doing this because they can.  They want to give their employees options.  That's more than most most employers are doing for their workers.[/quote]

I think it’s interesting you believe that. The evidence over the last year would seem to indicate they are in financial trouble as well as in a bit of a brand crisis thanks to bad publicity. So I think it’s more reasonable to believe the have an ulterior motive. [/quote]
? their stock price is still pretty high.  In any case even if they are in "financial trouble", the fact that they are giving their employees the option and six months to decide is a perk because not many companies offer this.[/quote]

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