- Mondelez’ CEO said this week the coronavirus crisis has showed “we can work in different ways,” and as a result, the company does not need all its global offices.
- Nationwide, which has gone to 98% work from home during Covid-19, announced a permanent transition to a hybrid model, with working-from-office in four main corporate campuses and working-from-home in most other locations.
- Barclays CEO Jes Staley said crowded corporate offices with thousands of employees “may be a thing of the past.”
Thousands of Americans are waiting to return to normalcy, but for many that may not mean going back to an office.
Working from home could be the new normal for many employees as more major employers and CEOs, including Mondelez, Nationwide and Barclays, talk about a permanent shift to work from home and reduced office space.
Companies have been forced to embrace remote working amid stay-at-home orders for all nonessential positions and businesses. In the process, corporations are seeing proof that productivity does not suffer, and employees may not need to return to offices in order to be productive and accomplish their work tasks. It also may be part of required cost-cutting as companies plan for what could be a prolonged global economic slump.
Nationwide announced on Wednesday a permanent transition to a hybrid work model. The insurance company will operate in their four main corporate offices in central Ohio; Des Moines, Iowa; Scottsdale, Arizona; and San Antonio, while the majority of their locations will continue working from home.