Business

“Remote work is no longer allowed, unless you have a specific exception. Managers will send the exception lists to me for review and approval,” Musk said in an email to...

According to an internal memo from U.S. Bank CEO Andy Cecere, workers will need to be in the office three days a week in the coming months.

For many salaried, white-collar employees, having the ability to choose when and where they work is a privilege that isn’t offered to hourly workers.

In the months leading to the deal, Musk suggested that job cuts would be inevitable, but that “anyone who is a significant contributor” shouldn’t be concerned.

In order to offer agility, it’s important for decision makers to understand that there is a wide range of what can be considered a flexible workplace.

According to IWG it is “cautiously optimistic” about its total earnings thanks to a spike in hybrid work demand, but inflation has kept substantial growth at bay.

Last week, Selina completed its merger with BOA and closed their first day of trading up 319% in an optimistic sign for the future of flexible work options.

While some fellow “free speech absolutists” have celebrated Elon Musk’s takeover, experts warn that his approach could have “real-world consequences.”

The CEO of Altimeter Capital wrote an open letter stating that investor confidence is waning and that Meta could potentially get its “mojo back” by cutting its headcount by 20%.

This amounts to around 5% of the electronics company’s workforce, bringing its severance and other job cuts costs to around $295 million.