
Now even Zoom tells staff: ‘Come back to the office’
It was arguably the mass shift to remote working sparked by coronavirus lockdowns which saw Zoom rapidly become a household name – but now, three years later, even the tech giant itself is extolling the benefits of a physical office. The videoconferencing firm has now told employees who live within 50 miles of an office that they should commute in at least two days each week, in a plan due to come into force over the course of the next two months. The move to what Zoom calls a “structured hybrid approach” will impact thousands of employees at 12 offices across the world, including in the UK. A spokesperson said: “We believe that a structured hybrid approach – meaning employees that live near an office need to be onsite two days a week to interact with their teams – is most effective for Zoom. “As a company, we are in a better position to use our own technologies, continue to innovate, and support our global customers. “We’ll continue to leverage the entire Zoom platform to keep our employees and dispersed teams connected and working efficiently. Additionally, we will continue to hire the best talent, regardless of location.” The company was reported to have nearly 8,500 employees at the end of 2022, but like several other big tech companies was forced to let go 15 per cent of its staff in February, amounting to some 1,300 employees, as chief executive Eric Yuan took a 98 per cent pay cut. Zoom went from having 10 million daily meeting participants in 2019– a measure which fails to account for whether one person attends multiple meetings – to 300 million the following year, as social and working lives were pushed further online by health restrictions to curb the spread of Covid-19. But the tech firm has taken a hit amid a push by many firms to get employees back into offices, with its share price falling from a high of $559 in October 2020 to $68, lower than they were prior to the pandemic. Mr Yuan faced a series of questions from employees who expressed frustration about the time and money they’d waste while commuting, during a tense meeting about the new hybrid policy last week, one employee who was present told the New York Times. The company currently employs more than 200 people at its UK office, and has this week opened a new office space in central London, which is being billed as “laying down the foundations for Zoom as a successful hybrid business”, according to The Times. Read More Young people are sick of working hard for no money – and are using social media to vent The pandemic missing: The kids who didn’t go back to school Amazon, Microsoft and Google investigated by Ofcom over ‘competition concerns’ Breaking the office bias: smashing the stereotypes holding women back
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Get two 4K HD drones for $150
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10 Back-to-School Products to Add to Your Shopping List
The best back-to-school products can help make your return to the classroom a little easier come fall.
2023-07-21 03:51

Google reaches tentative settlement with 36 states and DC over alleged app store monopoly
Thirty-six states and the District of Colombia have reached an agreement in principle with Google to settle a lawsuit filed in 2021 over the tech giant’s alleged monopolistic control of the distribution of apps for the software that runs most of the world’s cellphones
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This $33 foldable wireless charger can power 3 devices
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Who is Grizzy? Local activist claims Rudy Farias' mom Janie Santana is a 'catfish' on Internet
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Students still struggle with math and reading despite the end of the pandemic era, study shows
Students who struggled through the height of the Covid-19 pandemic -- between March 2020 and early 2023 -- are still having trouble keeping up with course work, according to a study from the nonprofit NWEA, which focuses on education research.
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The M2 MacBook Air just hit a record-low price again
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Andrew Tate pledges 10K to loyal fan as he defends him publicly, Internet dubs Top G 'a force for good'
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Baidu Gains as Morgan Stanley Touts It’s Best AI Trade in China
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Keep your devices charged with this $20 6-in-1 charging cable
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Best Buy Anniversary Sale 2023: Save Big, This Weekend Only
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