Even remote work icon Zoom is ordering workers back to the office

2024-12-26 11:58:44 source:lotradecoin integration category:Stocks

One of the companies that benefitted most from the rise of remote work is calling its own employees back to the office. 

Videoconferencing platform Zoom is asking its 7,400 workers who live near a company office to report to their desks twice a week, effective immediately, a company spokesperson told CBS MoneyWatch. 

The new corporate policy marks the end of a fully remote era for the software company, which benefitted enormously from the COVID-19-driven rise in remote work.

  • Requiring workers to return to office full-time could be hurting companies' growth
  • Many workers willing to take a pay cut to work remotely
  • Like working from home? Some companies say enough is enough

"We believe that a structured hybrid approach — meaning employees that live near an office need to be on site two days a week to interact with their teams — is most effective for Zoom," a Zoom spokesperson said in a statement to CBS MoneyWatch. "As a company, we are in a better position to use our own technologies, continue to innovate, and support our global customers."

The company said its technologies will remain essential to its own operations, in order to keep "dispersed teams connected and working efficiently."

There appears to be some leniency to the policy, as Zoom said it will continue to hire top talent, regardless of where potential employees are based.

    In:
  • Zoom

More:Stocks

Recommend

Luigi Mangione Case: Why McDonald's Employee Who Reported Him Might Not Get $60,000 Reward 

The McDonald’s employee who relayed Luigi Mangione’s location will not be lovin’ this outcome. After

NBA trade deadline tracker: Keeping tabs on all of the deals, and who is on the move

The clock is ticking on the NBA’s trade deadline at 3 p.m. ET Thursday.Through Tuesday, trade deadli

Father accused of killing his 5-year-old daughter does not attend start of trial

MANCHESTER, N.H. (AP) — A New Hampshire man charged with killing his 5-year-old daughter and spendin