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The next Silicon Valley exodus: Over 25% of tech sector wants permanent work from home — Laura Wronski and Jon Cohen

Summary:
Jack Dorsey’s Twitter and Square have both said employees can work from home “forever.” Google and Facebook have told employees they can work from home until the end of 2020. A new CNBC|SurveyMonkey Workforce Survey shows that over 25% of tech sector workers prefer permanent remote work. If this happens, it could cause a brain drain from other industries, a consolidation of talent at a few top tech companies, and a decrease in average salaries.... CNBCThe next Silicon Valley exodus: Over 25% of tech sector wants permanent work from homeLaura Wronski, research science manager, and Jon Cohen, chief research officer, SurveyMonkey

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  • Jack Dorsey’s Twitter and Square have both said employees can work from home “forever.”
  • Google and Facebook have told employees they can work from home until the end of 2020.
  • A new CNBC|SurveyMonkey Workforce Survey shows that over 25% of tech sector workers prefer permanent remote work.
  • If this happens, it could cause a brain drain from other industries, a consolidation of talent at a few top tech companies, and a decrease in average salaries....
CNBC
The next Silicon Valley exodus: Over 25% of tech sector wants permanent work from home
Laura Wronski, research science manager, and Jon Cohen, chief research officer, SurveyMonkey
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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