Zoom to lay off 1,300 employees. Who's next?
The end of remote work is here. There is no doubt about it anymore.
The myth of remote work being better for productivity has been debunked by many CEOs. When companies started to examine their financial statements and employees' productivity, executives' decisions became easy, no more remote work.
This is obvious because executives like Tim Cook, Elon Musk, and Mat Ishbia took a strong stand against remote work by asking their employees to return to the office or find another job.
Contrary to popular belief, most employees are less effective at home, so when companies face financial trouble, they lay their remote employees first. CNBC confirmed this: "Remote workers are the most likely in the U.S. labor force to worry about being laid off, and most remote workers are worried about their ability to find a new job after the layoff."
Yes, remote workers should be worried because their productivity metrics come from personal anecdotes without relying on real economic metrics. So if you work remotely, get your resume ready. You will need it soon.
