Facebook is Coming for Philadelphia. What Could That Mean for Local Tech?

The shift to remote work is changing the United States’ most notable tech companies. At Facebook, forthcoming policies also mean a new hiring focus on cities outside of Silicon Valley and New York City — which could have big implications for Philadelphia.

During the social media giant’s weekly virtual town hall Thursday, founder and CEO Mark Zuckerberg said that he believes the future for the social media platform’s work can happen largely remotely.

In the next five or 10 years, he estimates about 50% of the company’s 45,000 employees could be fully remote. The announcement came just days after Twitter announced that it will embrace remote work for any employee who wants to continue in that environment, even after the coronavirus pandemic eases up and employees will be able to return to offices.

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