This works great in my experience as well. I work remote (full time) for my company, but several employees are on the West coast while several are on the East

This works great in my experience as well. I work remote (full time) for my company, but several employees are on the West coast while several are on the East cost (myself included). We find it works great. I can take my time in the morning, having some coffee and reading Hacker News. Then I get started, make some progress and by time I run into needing to collaborate, my colleagues on the West coast show up for work. At the end of the day, I sign off informing them what I've finished and still need to do, and they can keep working without having to to talk to me.