One of the companies that benefitted most from the rise of remote work is Ov Financecalling 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.
"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.
2025-05-02 04:551811 view
2025-05-02 04:44814 view
2025-05-02 04:051719 view
2025-05-02 03:212099 view
2025-05-02 02:54862 view
2025-05-02 02:492246 view
Pilots at Southwest Airlines can sock away more for retirement, thanks to a new retirement plan bene
(This story has been updated to correct a factual error.)PHOENIX− You’re the Arizona Diamondbacks, t
TYLERTOWN, Miss.—On a clear, hot summer afternoon along the Bogue Chitto creek at Walker’s Bridge Wa