For Many, Remote Work Is Becoming Permanent in Wake of Coronavirus
May 21 2020 - 7:13PM
Dow Jones News
Companies across the economy are considering a permanent shift
to remote work in the aftermath of the coronavirus outbreak,
following the lead of tech-sector giants.
Facebook Inc. Chief Executive Mark Zuckerberg on Thursday
announced plans to reconfigure operations over the next decade to
enable up to half of its 45,000 employees to work from home. The
move follows an announcement last week by Twitter Inc. to allow
employees to work from home indefinitely. E-commerce company
Shopify Inc. also said Thursday that it plans to let most employees
work remotely in the future.
Some companies outside tech are following suit in the move to
permanent remote work. Before the coronavirus hit, marketing and
advertising mogul Martin Sorrell thought that the leased office
spaces and WeWork footprint at his London-based media company S4
Capital PLC were necessary. But he reassessed that about a month
into the wide-ranging lockdowns that have thrust everyday business
online. "We are breaking our leases and thinking about having
people spend more time at home," he said.
--Angus Loten
(END) Dow Jones Newswires
May 21, 2020 18:58 ET (22:58 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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