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Dropbox CEO says employees appreciate remote work more than cushy office perks: 'they value flexibility a lot more than snacks'

Business Insider

Business Insider · 1y ago

Dropbox CEO says employees appreciate remote work more than cushy office perks: 'they value flexibility a lot more than snacks'

Dropbox CEO, Drew Houston, believes that companies pushing employees back to the office are making a mistake. He views his employees as customers and wants to give them what they want, which is flexibility. Dropbox implemented a "virtual first" model in 2020 and is now 90% remote. Houston argues that going back to the office is like returning to movie theaters or malls - the world has moved on. He also states that flexibility wasn't an option in the past, and companies need to adapt to the changing needs and preferences of their employees.

Related News

Working from home isn't going away, even if some CEOs wish it would

TechCrunch · 1y ago

Working from home isn't going away, even if some CEOs wish it would

The COVID-19 pandemic has accelerated the shift towards remote work, with 14% of US workers currently working from home full-time, expected to increase to 20% by next year. However, some CEOs, like Andy Jassy of Amazon, are pushing for a return to the office, citing concerns about productivity and collaboration. Despite this, research suggests that remote workers tend to be more engaged and productive, and that mandates to return to the office can lead to employee burnout. Additionally, businesses benefit from access to a larger and more diverse talent pool by embracing remote work. The debate continues between those advocating for remote work flexibility and those pushing for a return to the office.

IBM is telling their managers to get back to the office 3 days a week or find a new job

Business Insider

Business Insider · 1y ago

IBM is telling their managers to get back to the office 3 days a week or find a new job

IBM is requiring its US managers to work in-person at least three days a week or face potential job loss. In a memo obtained by Bloomberg, IBM stated that managers must report to an office or client location and use badge-in data to track their presence. Employees who cannot comply with the requirement or secure a remote position must "separate from IBM." The company previously emphasized flexibility in remote work but now aims to strike a balance between flexibility and face-to-face interactions.

Zoom Calls Employees Back to Office in a Structured Hybrid Approach

Startup News FYI

Startup News FYI · 2y ago

Zoom Calls Employees Back to Office in a Structured Hybrid Approach

Zoom Video Communications has introduced a structured hybrid work model, calling employees back to the office. The approach combines in-person and remote work, reflecting a flexible approach to work arrangements. Zoom aims to enhance collaboration, innovation, and company culture by offering a mix of office and remote work options, adapting to the evolving needs of its workforce.

Dell mandates in-office work for global sales team after laying off over 12,000 employees: Report | Mint

Livemint

Livemint · 10m ago

Dell Technologies is requiring global sales team employees to return to office work five days a week, starting September 30. The move aims to enhance collaboration and skill development, with remote work being viewed as an exception. Field representatives will be expected to spend their time between customer interactions and in-office work, up from the previous requirement of three days in the office. Certain remote workers will be exempt from the new policy. This shift follows Dell's restructuring efforts towards artificial intelligence and amid a broader trend of companies reassessing remote work arrangements.

Sharp pay cuts in small towns as more cos end remote work

Livemint

Livemint · 1y ago

Sharp pay cuts in small towns as more cos end remote work

The resurgence of in-office policies has led to a more than 40% decline in compensation for candidates in smaller towns and cities. Companies have reevaluated dearness allowances and incentives that facilitated remote work from these regions. The decline in compensation follows a 40% drop in IT sector hiring compared to last year, favoring talent from metropolitan areas due to a sluggish market. While a year ago, companies recruited from smaller cities, the dynamics have shifted, with companies insisting on office work. The compensation difference now oscillates from 5% to 40% depending on location.

Meta employees are back in the office three days a week as part of new mandate

Startup News FYI

Startup News FYI · 1y ago

Meta employees are back in the office three days a week as part of new mandate

Meta (formerly Facebook) has implemented a return-to-office mandate, requiring employees to work from company offices at least three days a week. This policy, which doesn't affect current remote workers, aims to support those who choose to work from the office. Meta initially embraced remote work during the pandemic but now follows other tech giants in calling employees back to physical offices, citing improved in-person collaboration as a factor.

When layoffs happen, remote workers are hardest hit

Livemint

Livemint · 1y ago

When layoffs happen, remote workers are hardest hit

According to a recent analysis by Live Data Technologies, remote workers were 35% more likely to be laid off in 2023 compared to those working in an office full-time or on a hybrid basis. The analysis indicates that the lack of face-to-face interactions and personal relationships makes it easier for managers to include remote workers on layoff lists. Some companies, such as Wayfair, have explicitly mentioned that remote workers would be more likely to be affected in company layoffs. Additionally, a Gartner survey found that executives often perceive in-office workers as higher performers than their remote counterparts.

Infosys asks staff to work from office 10 days a month

Economic Times

Economic Times · 1y ago

Infosys asks staff to work from office 10 days a month

IT company Infosys has instructed select employees in entry to mid-level positions to work from office for a minimum of ten days a month, as it strengthens its return to office and hybrid work model. The move follows other IT firms including Wipro, Capgemini, and LTIMindtree nudging their employees to work from office on a regular basis. This could mark the end of the work-from-home flexibility that the Indian tech sector had adopted during the pandemic.

HCL Technologies asks employees to work from office 3 days to avoid pay cut

Livemint

Livemint · 1y ago

HCL Technologies asks employees to work from office 3 days to avoid pay cut

HCL Technologies has mandated all employees of its Digital Foundation Services (DFS) division to work in the office at least three days a week starting from February 19. This decision comes as more tech companies are moving away from remote work and advocating for office-centered models to promote teamwork and in-person interactions. Senior managers and leadership teams in DFS will also adopt a hybrid work model, and non-compliance with the guidelines may lead to disciplinary action. HCL's DFS division has 80,000 employees.

Eric Schmidt says Google is falling behind on AI—and remote work is why

Livemint

Livemint · 11m ago

Eric Schmidt says Google is falling behind on AI—and remote work is why

Former Google CEO, Eric Schmidt, has criticized the company's remote work policies, stating that it has caused Google to lose the artificial intelligence race. Schmidt believes that Google prioritized work-life balance and allowing employees to work from home over winning the competition. He emphasized the importance of intense work and in-office collaboration in order for startups to succeed. Schmidt's remarks align with the sentiments expressed by other corporate leaders, such as Jamie Dimon and Elon Musk, who have criticized remote work for making companies less efficient and competitive. Google has recently implemented stricter policies regarding office attendance.

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