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]
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]

What are you talking about? My entire point is that Facebook is just one tech company. If you're in tech and don't want to work for a startup, a lot of people aspire to FANG companies...or have...Facebook's reputation has obviously suffered in the past few years. FANG=Facebook, Amazon, Netflix and Google. Some would argue Microsoft is included too. Facebook and Netflix don't really need remote workers for their business models. Facebook currently has about 45,000 employees. Netflix has 6,700. Google has 118,000 and Microsoft has 150,000. My ONLY point is that Facebook is just ONE tech company. LOTS of tech companies offer remote work and have been doing that for years while still paying high salaries to qualified applicants.  It's 10 times harder to get hired at Google than getting into Harvard. So, if Facebook does this--who cares? It's not like Facebook employees won't easily be poached my other FANG companies who won't drastically slash their salaries for wanting to move to second tier tech cities. [/quote]

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