Zoom, the company that powered the remote work revolution during the pandemic, is telling its employees to come back to the office.
Zoom, the company that powered the remote work revolution during the pandemic, is telling its employees to come back to the office.
It totally is a silent layoff, but I think a large chunk of the older execs still actually believe the office is more productive. There’s also a large chunk executives who have investments in commercial real estate companies who are trying to put off the complete collapse of that market so they can get more of their money out before it all goes to shit.
Don’t lay offs make sense though if people are being more productive at home? The tech market is contracting so they won’t be looking to take on new projects so much as cutting unnecessary overhead (and labor is usually the largest tech company expense), which they only have because the increase in productivity isn’t being offset by new work (projects) coming in?