The move was announced by Facebook's chief Mark Zuckerberg, who revealed on a call with reporters that contract workers would still get their full salaries, regardless of whether or not they were able to complete their daily tasks as usual.
According to Zuckerberg, Facebook's new work-from-home policy would last until the "public health response has been sufficient".
At present, Facebook has approximately 15,000 content moderators in the US, all of whom are hired by third-party contracting companies.
Zuckerberg added: "I am personally quite worried that the isolation from people being at home could potentially lead to to more depression or mental health issues, and I want to make sure that we are ahead of that supporting our community."
Meanwhile, Apple recently announced it is banning apps relating to coronavirus on the App Store.
The tech giant hopes to ensure that all of its apps contain data that is from a "reputable source" in a bid to prevent the spread of misinformation and fake news.
In a statement, Apple said: "We're evaluating apps critically to ensure data sources are reputable."
The company added that it will only approve apps with coronavirus content from "government organizations, health-focused NGOs, companies deeply credentialed in health issues, and medical or educational institutions".