Axios reported on Thursday (3 Nov 2022) that Twitter’s policy of allowing remote work may be changing as a result of an upcoming layoff. This decision is a stark reversal of Twitter’s current policy, which permits staff to work remotely on a permanent basis.
According to sources within the firm, many employees are unable or unwilling to transfer, which will lead to additional attrition in addition to layoffs.
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Musk loves work-in-office
Musk seems like a real believer in work-in-office.
On May 31, 2022, he sent an email to his employees informing them that remote working is no longer permitted in the Tesla.
Employees in Tesla who do not wish to return to the workplace can quit, according to the billionaire. “Anyone who wishes to do remote work must be in the office for a minimum of 40 hours per week or depart Tesla. This is less than we ask of factory workers,” Musk said in a leaked email that has since spread on Twitter.
Now, after planning to cut around 3,700 workers at Twitter, or 50% of the workforce according to Blomberg, this Twitter’s new owner intends to inform impacted employees on November 4.
Goodbye to work-from-anywhere
Musk intends to change the company’s present work-from-anywhere philosophy, so the remaining personnel would be asked to go to offices.
The decision is significant because Twitter was among the first businesses to adopt policies that permitted staff members to work permanently from home due to the pandemic.
Then, in a May 2020 email with the subject line “#lovewhereyouwork,” co-founder and former Twitter CEO Jack Dorsey informed colleagues that they would be permitted to work from home on an ongoing basis, even after the COVID-19 lockdowns are lifted.
Many employees, according to company sources, are unable or unwilling to relocate, which leads to additional attrition on top of the layoffs.
One insider stated that employees who were hired remotely during the epidemic will only have a short amount of time to decide if they will move to be close to a Twitter office, and they may have as little as 60 days to actually move.
Decision making differ in the new hybrid working era
Unlike Elon Musk, lots of enterprises determined that hybrid working is the new norm to stay, allowing people to choose the working style they desired.
Wall Street bosses have reduced their demands for reentry: Jamie Dimon, CEO of JPMorgan Chase & Co, said 40 percent of his staff will work in a hybrid model in the future, and Credit Suisse Group AG CEO Thomas Gottstein, said recently that the bank will never return to full-time office work.
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