Technology

59342 readers

5304 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

371

Tech CEOs are backtracking on RTO mandates—now, just 3% want workers in the office full-time (finance.yahoo.com)

submitted 3 months ago by ForgottenFlux@lemmy.world to c/technology@lemmy.world

24 comments fedilink hide all child comments

Tech CEOs have been trying to force workers back into the office for the past two years, often threatening layoffs.
However, a new study shows that tech bosses are now backing down from their demands.
Only 3% of tech companies now require workers to be in the office full-time, down from 8% last year.
The study, conducted by Flex Index, analyzed the flexible work policies of 2,670 tech companies employing over 11 million people.
The number of fully flexible tech firms has increased from 75% in 2023 to 79% this year.
The most popular policy among tech firms is now the "employee's choice" model, where employees can choose when and where they work.
This model is now used by 56% of tech firms, up from 38% in 2023.
Only 18% of firms now dictate which days their workers need to work from the office.
Despite tech companies being well-positioned to work from home, many CEOs have flip-flopped on their remote work policies.
In 2020, companies like Meta, Twitter, and Shopify announced they would leverage remote work, but many have since backtracked on those promises.
A survey of US CEOs by KPMG found that only one-third expect a full return to the office in the next three years, down from 62% last year.
Resistance from workers has been cited as a reason for the change in CEO attitudes towards remote work.
Amazon is an example of how contentious the RTO battle can be, with around 30,000 employees signing a petition against the company's in-office mandate.
Dropbox co-founder and CEO Drew Houston summed up the situation, saying that CEOs keep hitting the "go-back-to-2019" button, but it's not working.

you are viewing a single comment's thread
view the rest of the comments

[–] CosmoNova@lemmy.world 29 points 3 months ago

Resistance from workers huh? Let me guess CEOs realized they couldn‘t fill important positions that opened up when skilled workers left because of ‚return to office‘ mandates?