Home Enews-Sept 2023 Tech companies demanding an end to remote work

Tech companies demanding an end to remote work

by Marcus Law

Big tech companies including Amazon, Alphabet and Meta are asking employees to return to the office in an end of fully remote working

Technology companies are showing the largest shift in returning to the office, following changes in policies at a number of tech giants including Amazon, Alphabet and Meta.

Average attendance increased from 15% to 32% compared to the same time in 2022, according to a study of 119 workplaces in 22 countries by AWA, a global workplace consultancy. The responses, collated in between April and May 2023 and representing organisations employing close to 155,000 people, also saw the technology industry report an average of 46% of desks being used, increasing from 21% last year.

Technology companies are asking their employees to return to the office in an end of fully remote working

The report follows a number of announcements from tech companies, rolling back on hybrid working policies which came about as a result of the COVID-19 pandemic.

As first reported by CNBC, Meta told its employees they would need to work from the company’s offices three days a week beginning in September.

Even video conferencing platform Zoom – a major enabler in the sudden shift to remote working as a result of the pandemic has asked its employees to return to the office announcing it would be taking a “structured hybrid approach” to work.

“It doesn’t come as much of a surprise to see a significant increase in technology companies returning to the office,” Andrew Mawson, founder of AWA, said. “Most major tech companies are mandating some form of in-office work including Meta, Amazon, Apple, and more recently, Zoom. However, we continue to believe we have reached a steady state on hybrid working. Savvy employers are using the new reality to become more efficient, improving desk use and reducing their real estate needs. We expect this to result in a gradual build-up of empty office space over the next 5-10 years as leases expire, with a resultant downward pressure on rents and asset values.”

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