Another San Francisco-based company to make remote work a standard
The pandemic didn't give much room for companies to operate correctly. Companies like Twitter, Facebook, or Google have decided to revise their work-from-home strategy and transitioned to permanent remote work. Dropbox is the latest tech company to join this movement.
The San Francisco – based company announced that it would stop requesting its employees to come to the office, switching to remote work permanently.
"Remote work (outside an office) will be the primary experience for all employees and the day-to-day default for individual work," read the company's blog post.
If a live meeting is necessary, workers could meet in Dropbox Studios in San Francisco, Dublin, and Austin when it's safe to do so. Moreover, the company will have "non-linear workdays" and a Virtual First Toolkit. The former will allow employees to develop their working schedules, while the latter offers resources on how to work effectively from home.
Dropbox extended mandatory work from home until June 2021. This decision came after various surveys conducted by the company showed that roughly 90% of the employees stated that they are more productive at home and don't want to return to the classic office workweek.
Following the news, Dropbox stock price closed 1.55% higher.
Sources: cnbc.com, foxbusiness.com
This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation or the particular needs of any recipient.
You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.
This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent. Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of za.capex.com