Tech companies led the office exodus during the pandemic, but a downturn changed the landscape and they are calling staffers back. Read on.
The Google logo is pictured atop an office building in Irvine, Calif.The young, tech-savvy workforces easily adapted to replacing human contacts with video calls and instant messaging services, some of which they had developed. Increased demand for digital tools, streaming services and social media meant big tech companies were forced to hire thousands of new staff without an office induction.
Zuckerberg laid out the broadest vision, saying he personally planned to spend half of 2021 and 2022 working from home and that anyone who wished to move abroad would be supported. Workers who were asked to go back protested, pointing out that they had options elsewhere: companies such as Coinbase Global Inc., Dropbox Inc. and Airbnb Inc. all said they would allow remote work permanently.
“Tech firms are downsizing, and they’re going to target first for downsizing the people who will not come into the office,” says Thomas Roulet, an associate professor in organization theory at Cambridge University, who studies home-working policies.
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