June 3, 2023

Remote work alive and kicking

Axios- While some employers are pushing unwilling employees back to the office, others are leaning into permanent remote work, Axios Markets co-author Emily Peck reports. Yelp is closing its Phoenix and Hamburg, Germany, offices, the company announced yesterday. ?? Fewer than 6% of the desks in those offices were being used, the company tells Axios. Yelp had already closed offices in New York, Chicago and Washington, D.C.. . . .Office closures and reductions will save Yelp around $27 million in annual expenses in 2023-24.  . . . .Despite the noise from "desk-banging CEOs," plenty of companies "lean into remote-first or more radical flexibility," Erin Grau, co-founder of media and services company Charter, tells Axios.

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