Facebook plans to keep its real-estate footprint at its current level even as the social-media company allows staff to continue to work remotely, the Commercial Observer reported.
“Our workplaces are the heart of our culture and important to building connections,” the news site cited John Tenanes, Facebook’s vice president of real estate, as saying. “We’ll continue expanding as we grow, and our offices will thrive again once it’s safe to return.”
Facebook was one of the first companies to send employees home to work when the pandemic hit. Bloomberg News reported in early June 2021 that Facebook will allow its employees who can perform their jobs remotely to continue telecommuting even after the pandemic ends, though it may reduce workers’ pay if they move to a less costly area.
“We believe that as much as half our workforce could be working remotely over the next five to 10 years,” Tenanes said in the Commercial Observer report. “The pandemic accelerated a shift in the way people work. While some of this is temporary, some of it will stick and prompt companies to evolve their workspaces.”