Remote Work

Summer Fridays were once a common perk in corporate America, but are fading from the workplace thanks in large part to the rise of remote and hybrid work models. What To Know: The phrase, "Summer Fridays" traditionally refers to the benefit allowing employees to leave early or take Fridays off...

Citigroup (NYSE:C) announced Monday that it will offer employees in eligible roles the option to work fully remote for two weeks in August. What Happened: Chief Human Resources Officer Sara Wechter issued a memo, shared by Business Insider, explaining why the company chose August for this policy: "...

JPMorgan Chase CEO Jamie Dimon's distaste for remote work is widely known by now. A long-time opponent, Dimon spoke about the company's return-to-office mandate on Thursday: "I think our employees will be happier over time. And the younger people will learn the right way, it’s an...

JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon has been a big proponent of return-to-office, in an effort to get employees back from past remote jobs. Recent comments show Dimon hasn't changed his stance about believing that workers should be in office settings. What Happened: Banking veteran Dimon...

JP Morgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon sparked controversy during a heated town hall in Columbus, Ohio, where he scolded employees after they raised concerns about the bank’s five-day return-to-office policy. Dimon dismissed the idea of flexible workdays, claiming remote work...

As the debate over remote work vs. in-office mandates continues, Veeva Systems Inc. (NYSE:VEEV), a cloud-based software company, stands out as a prime example of how embracing work-from-home (WFH) policies can be a winning strategy. Veeva had the highest volume of remote job postings in 2024,...

Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy is slashing management layers and making employees to return to the office five days a week beginning in January at the world's largest online retailer and cloud-computing company founded by billionaire Jeff Bezos. The changes, sent in a memo to...

The lawsuit accusing Elon Musk’s Twitter, now known as X, of discriminating against employees with disabilities has been dismissed by a federal judge. What Happened: On Wednesday, U.S. District Judge Araceli Martinez-Olguin in San Francisco dismissed a lawsuit against X, which alleged that...

The COVID-19 pandemic has led to a seismic shift in the landscape of the American workforce, ushering in an era where remote and hybrid work arrangements have become the new standard.  This transformation has led to profound consequences, most notably an unprecedented surge in labor...

IBM (NYSE:IBM) has recently issued a strict directive to all of its remote managers. The company has mandated that they must either relocate to be close to an office or leave the company. What Happened: The tech giant is now requiring all U.S. managers to report to an office or client...

As the remote work debate continues, some wonder whether the push to return to offices is making a tangible impact in metropolitan areas. Placer.ai explored office recovery trends in Manhattan — New York City’s financial epicenter — and it provided some answers. Office Visits On The Rise:...

To draw employees back to the office, companies are redesigning their workplaces to make them Instagram-worthy. However, the reactions of people on social media platforms have been mixed. What Happened: Earlier this week, The New York Times reported that certain firms, such as Magic Spoon, a cereal...

The increasingly popular trend of remote work among younger generations might be a potential roadblock to reaching executive positions, warns NYU Stern School of Business Professor Suzy Welch. What Happened: As reported by Business Insider India, Welch suggests that while remote work might offer a...

The world’s richest person isn’t a fan of working from home and wants everyone to know it. During the recent Tesla Inc (NASDAQ: TSLA) third-quarter earnings call, CEO Elon Musk shared his thoughts on work from home once again. What Happened: The overall cautious tone from the company...

Billionaire Elon Musk called it "bullsh**t" and "morally wrong." JP Morgan CEO Jamie Dimon declared himself a remote-work skeptic, and Meta CEO Mark Zuckerberg has stated that engineers "get more done" in the office.  While companies like Amazon.com Inc., Apple Inc., Meta and Zoom...