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American Tech Workers Face Pay Cuts for Relocating During Covid
Companies such as Slack and Box are preparing new compensation policies depending on staff location.
Photographer: Stefan Wermuth/Bloomberg
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Mark Zuckerberg said it first. Other tech leaders are now chiming in, sending the same message to their software developers in Silicon Valley.
Don’t worry about returning to the office, they say, at least not right now, perhaps never. And if you want to move somewhere cheaper, go ahead — but be ready to take a pay cut.