Recession fears complicate new work era

Recession, hiring freeze may cause employees to quit working at home and return to the office.
Companies are trying to strike the right balance with hybrid work model.

  • Recession, hiring freeze may cause employees to quit working at home and return to the office
  • Companies are trying to strike the right balance with hybrid work model

Tesla CEO Elon Musk wants employees to return to office as soon as possible. On Tuesday (May 31 2022), he sent an email to his employees informing them that remote working is no longer permitted in the organization.

Employees 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.

Based on Bloomberg reporting, many bosses have wished for some sort of leverage to entice more employees to return to the workplace. Worries about the recession, a series of employment restrictions, and a scathing retort from the world’s richest person like Elon Musk may have just made matters worse.

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Why Back to Office is not realistic anymore

Credit Suisse CEO Says We’ll Never Go Back to Office Full Time.

“It’s unrealistic and it is not what employees want”

Credit Suisse CEO Says We’ll Never Go Back to Office Full Time

  • Survey discovered that employees who choose the most flexible work options were the most productive.
  • Swiss Universal Bank employees will be able to select a work model that provides them with maximum freedom, based on their field of activity.

According to Bloomberg, Credit Suisse Group AG Chief Executive Officer Thomas Gottstein doesn’t think banks will ever return to working full-time from the office. 

“It’s unrealistic and it is not what employees want,” he said in an interview at the World Economic forum in Davos on Monday, 23rd May 2022. “We are in a soft way trying to encourage people to come back, but it’s counterproductive if you push too hard.” 

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Case Study: Digital Government Transformation

of new technology to successfully improve an agency’s ability to engage audiences and fulfill its objective.

Business Type: Government agencies
Main users: Dozens of people
Function: Room reservation

Case Study:

For government agencies, digital transformation or modernization refers to the use of new technology to successfully improve an agency’s ability to engage audiences and fulfill its objective.

The client is one of the most important government agencies in Hong Kong. The client currently consists of two buildings to provide office space for the key personnel of the agency. In order to enhance the efficiency of the use of office resources, the client adopted the room reservation system provided by Bookings ONE intelligent office platform, together with Crestron’s room reservation panel TSS-1070 and sensors, in order to provide a suitable smart office environment for each key personnel.

Through Bookings ONE’s reservation system, users can reserve
meeting rooms and press rooms in different buildings and floors on their schedules to reserve their daily work space. They can also make real-time room reservations on the Crestron room reservation panel at the entrance of each room and determine if the room is occupied or not via the light showing on the panel .

Bookings ONE also provide the ability to the administrators to set various rules and limits on resource usage, and encourage users to make the best use of their rooms. As a result, their limited office resources can be allocated efficiently to all users.

To find out more features and details of Bookings ONE, contact us:

Enquiry Hotline/Whatsapp: (+852) 5538 3410
Email: hello@ones.software
Website: https://ones.software/