Facebook employees to face pay cut if they move to cheaper areas
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Facebook CEO Mark Zuckerberg has laid out a detailed remote-working plan to make half of his 50,000-strong workforce work from home by 2030, and employees who move to cheaper areas will face pay cut as salaries are based on cost of living in each location. In a virtual town hall meeting with his employees, Zuckerberg said that Facebook employees who choose to relocate from the Silicon Valley may see a change in their salaries.