Silicon Valley Says Work From Home Perma

Silicon Valley companies during the pandemic are saying remote work will be a permanent option. Companies advocating the shift include Twitter, Square, Google and Facebook.

What happens in Silicon Valley, one day moves out of Silicon Valley.

Most Facebook employees will be allowed to continue to work from home through the end of 2020. However oddly, those that move out of Silicon Valley might risk pay cuts.

A migration out of Silicon Valley seems inevitable with the post Covid-19 remote work pledge. Essentially, for Big Tech this is a huge shift. Over 25% of tech sector wants permanent work from home.

What will happen here is a huge decrease in average salaries. Big Tech is fine with this as they see some of their advertising revenue decline in companies such as Google and Facebook. So this isn't just cost cutting here, it's how can we pay our employees less!

Google and Facebook have told employees they can work from home until the end of 2020. Twitter and Square says employees can work remotely forever. Companies all over the world are looking at how to save costs during the great shutdown of 2020. This will impact business models moving forwards.

Technology companies have made working from home not just possible, but some now argue just as productive as the traditional office. In a world of Slack, Microsoft Teams and ever new tools on the horizon, it's getting easier to set up perma remote work arrangements with a large number of employees at certain kinds of companies such as the technology sector.

With the pandemic we have to look at the 4-day work week, basic income and new levels of remote work seriously. Because the world will never go back to where it was before. A vaccine for Covid-19 may not even be possible, it is a coronavirus after all.

Facebook will not hold any gatherings of more than 50 people until at least July 2021. Think about what that means for the future of work. Many workers say they want to keep working from their improvised kitchen table offices, with their spouses, children, and dogs as their new coworkers. An open space work space where everyone has headphones isn't exactly a friendly place to work! That's the old alternative.

While at least 83% of tech workers say they’ve been able to work from home in recent weeks, and many want their new routines to stick, will they be okay with a pay cut? Big Tech can get away with paying their employees less for more work-life balance. Many Millennials will be okay with that.

Microsoft, Google, and Facebook that plan to settle into long-term remote work for the months to come, companies like Apple and Tesla aren't the same. So will remote work win out?