Thursday, November 12, 2020

Is Work-From-Home a Threat to Canadian Jobs?


I was listening to an interview with the Shopify CEO Harley Finkelstein, and he said the reason they wanted to go fully work-from-home is so they are able to hire employees from around the world. "This gives us incredible optionality. It means we can hire people from all over the world that didn't want to move to Canada" (source below). Is work-from-home really a threat to Canadian technology jobs? I am starting to realize the reason university graduates from Computer Science programs got decent-paying tech jobs was because their employer could make them come in every day to the office and work. But since many tech companies including Shopify, Facebook, and Twitter have gone almost permanently work-from-home, should we as Canadians be worried that a lot of Canadian tech jobs would be outsourced?​I mean if the employee is able to deliver code using just a laptop, why would a company hire a Canadian worker for $7000/month, when they can pay someone in another country $1000/month? I'm not a tech employee, so it doesn't affect me either way. But I am concerned about the thousands of Computer Science graduates who get in $50,000 debt after university.​BNN Interview: Quote said at 14:10 https://ift.tt/2Unb4dc via /r/PersonalFinanceCanada https://ift.tt/2IxKZ8I

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