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Facebook 30 May 2020 | 11:00 AM

Opinion: Why is Facebook for remote work? It wants pay cuts

One constant in Facebook’s corporate culture is the ruthless aggression when it comes to growth and competition. To take just one example: More than a decade ago, a young, upstart Facebook smashed a wage-fixing cartel that then had been imposed by older, more established tech companies and it tried to hire the best tech talent.