Wish Reopens San Francisco HQ and Announces Flex Work Plan
June 24 2021 - 9:00AM
Business Wire
San Francisco HQ reopens as Wish expands its
workforce by more than 40% throughout 2021
ContextLogic Inc. (d/b/a/ Wish) (NASDAQ: WISH), one of the
world’s largest mobile ecommerce platforms, today announced a
phased plan to reopen its offices and offer the majority of its
employees flexible working options.
Wish will reopen its San Francisco headquarters this summer to
give its Bay Area employees the option of returning to the office,
working from home, or a hybrid of both. The move is part of Wish’s
new Flex Work Plan, which will give many of its 1,100 employees the
flexibility to work from home or one of Wish’s office locations,
depending on their personal preferences, geographic location, and
work needs.
Employees returning to the San Francisco office in the first
phase of Wish’s reopening will be required to be vaccinated and
adhere to local safety protocols. A broader reopening of Wish
offices in other regions, including Toronto and Amsterdam, is
targeted for Q4 2021, subject to local guidelines.
“Wish embraces flexible working and recognizes the benefits it
can bring to both a business and its employees,” said Dawn Nott,
Vice President of HR. “We’re excited to be able to give most of our
employees the flexibility to choose their place of work. While many
will likely continue working from home, others are looking forward
to returning to our San Francisco office, where they can meet
in-person, access office resources, while also supporting local San
Francisco businesses.”
Wish also plans to add 650+ new jobs across 15 countries in 2021
to support its rapid growth. Since January 1, 2021, Wish has
already expanded its workforce by more than 25%, building out its
core functions, including data science, product and
engineering.
“We’re expanding at an accelerated rate, and our flexibility has
helped us find the best talent without being constrained by office
location,” concluded Nott.
In 2021, Wish was named on Built In’s list of Best Places to
Work in San Francisco, highlighting many of its attractive benefits
and perks, including 100% insurance premiums coverage, fitness
reimbursement, flexible work hours, generous paid time off, family
leave, career development opportunities, an ESPP program and much
more. For a list of open opportunities to work at Wish, please
visit the company’s Careers page: https://www.wish.com/careers.
About Wish:
Wish brings an affordable and entertaining shopping experience
to millions of consumers around the world. Since our founding in
San Francisco in 2010, we have become one of the largest global
ecommerce platforms, connecting millions of value-conscious
consumers in over 100 countries to over half a million merchants
globally. Wish combines technology and data science capabilities
and an innovative discovery-based mobile shopping experience to
create a highly-visual, entertaining, and personalized shopping
experience for its users. For more information about the company or
to download the Wish mobile app, visit www.wish.com or follow @Wish
on Facebook, Instagram and TikTok or @WishShopping on Twitter and
YouTube.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact could be deemed forward-looking, including, but
not limited to, statements regarding Wish's outlook, priorities,
strategic direction, expectations regarding hiring, and growth
opportunities. In some cases, forward-looking statements can be
identified by terms such as “anticipates,” “believes,” “could,”
“estimates,” “expects,” “guidance,” “intends,” “may,” “outlook,”
“plans,” “potential,” “predicts,” “projects,” “seeks,” “should,”
“will,” “would” or similar expressions and the negatives of those
terms. These forward-looking statements are subject to risks,
uncertainties, and assumptions. If the risks materialize or
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. New
risks emerge from time to time. It is not possible for our
management to predict all risks, nor can we assess the impact of
all factors on our business or the extent to which any factor, or
combination of factors, may cause actual results to differ
materially from those contained in any forward-looking statements
we may make. Further information on these and additional risks that
could affect Wish’s results is included in its filings with the
Securities and Exchange Commission (“SEC”), including its Annual
Report for 2020 on Form 10-K filed on March 25, 2021 and its Form
10-Q for the first quarter of 2021 filed on May 12, 2021, and
future reports that Wish may file with the SEC from time to time,
which could cause actual results to vary from expectations. Any
forward-looking statement made by Wish in this news release speaks
only as of the day on which Wish makes it. Wish assumes no
obligation to, and does not currently intend to, update any such
forward-looking statements after the date of this release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210624005566/en/
Media contact: Carys Comerford-Green, Wish
press@wish.com
Investor contact: Dennis Walsh, Wish ir@wish.com
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