Zoom, the video communications company which had its name become associated with remote work during the pandemic, is now requiring their staff to return to the office.
The company voiced their opinion that a "structured hybrid approach" was ideal and people living within a radius of 50 miles (80km) of an office should come in to work in person a minimum of twice a week.
It is the most recent effort by a major firm to reduce flexible working policies.
Amazon and Disney are among the companies that have cut down on the number of days for remote working.
Results of surveys indicate that workers continue to maintain their capability to work remotely to some extent.
In July, within the United States - where Zoom's headquarters is located - 12% of employees worked remotely in a full-time capacity, while the remaining 29% were on a hybrid policy, based on the monthly survey conducted by researchers at Stanford University and other research institutions since the start of the pandemic.
That is in line with the patterns observed by the Office for National Statistics in the UK earlier this year.
The Stanford team's prior research has discovered that remote work is more oftentimes seen in English-speaking nations, while it is much less frequent in Asia and Europe.
Previous to the pandemic, the amount of days worked remotely in the US was simply around 5%. Globally, workers time and again wish for more malleable working arrangements than what employers deem to be the best.
At a certain stage, Zoom declared that employees would be capable of working remotely without limitation.
The tech company indicated that the new policy would take effect in August and September, with the implementation dates differing between countries.
The company declared that it would persist in recruiting the most qualified personnel without regard to their geographical area. In late January, the company had an estimated 8,400 staff members, more than half of whom were based in the US.
The current staff count of Zoom in the UK stands at 200, with the addition of a new London office.
Zoom declared that the new policy reported earlier by Business Insider will help the company use their own technologies more effectively, remain cutting-edge, and serve their global customers.
Zoom stated that they will utilize their entire platform to maintain connection and productivity among their employees and distributed teams.
As of September 2022, only approximately 1% of the firm's staff was in the office on a usual basis, while 75% were operating remotely and the remaining were in a combination of working from home and in the office, according to a report from The Wall Street Journal.
Yet, as more people are working remotely, Zoom is feeling the heat from competitors such as Microsoft since they have improved their video services.
Since the pandemic, growth has drastically slowed; the organization has revealed plans to lay off 15% of its employees, and top management will experience huge drops in salary.
The current worth of the company's shares is around $68 each, which is a considerable decrease from the highest value of over $500 in October 2020.
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