The company that sustained the work from home movement seems to be almost entirely remote.
The new return-to- office plan will allow the vast majority of its 4,400 employees to work from home by establishing three broad workstyles categories: hybrid a majority of the workforce that lives within commuting distance and in occasionally remote and in-person, the latter of which will comprise less than 2% of Zoom's workforce. There is a major source of interaction internally due to the fact that Zoom's videoconferencing technology is a staple for thousands of companies that depend on it to communicate and collaborate as the pandemic forced workers to shelter at their homes.
The workers want to work at home, and they are choosing to continue to work at home, according to Kelly Steckelberg, Zoom Chief Financial Officer, told MarketWatch. According to an internal survey of 4,900 Americans, more than two-thirds of whom wanted the choice of where to work. She said about 85% of people who work remotely want it to stay that way.
An internal survey of Zoom employees last summer showed that only 1% preferred to work full time in an office, with over half leaning toward flexible, hybrid work.
Some 3 million professional jobs went permanently remote in the fourth quarter of 2021, raising the number of work arrangements to 18%, according to data collected by Ladders. By the end of 2022, that number is expected to be close to 25%.
One of the most important technology solutions for the pandemic is Zoom, which shared its plans Wednesday at its first Work Transformation Summit, where industry leaders joined Zoom executives in a series of discussions and interactive sessions.
Slowly and with social incentives, tech companies are bringing back workers to the office.
In the first quarter of the year, Zoom's limited reopening of offices in the U.S. is likely to start in Denver, followed by its corporate headquarters in San Jose, Calif. Steckelberg will work remotely, as will company executives in Southern California and the East Coast. She said that large gatherings of employees will happen only a few times a year for special occasions.
According to more than a third of the executives polled in Deloitte's 2021 Return to Workplaces, the biggest concern about hybrid or remote work is preserving company culture while maintaining performance and collaboration. More than half of the remote workers said they would consider quitting if their companies tried to force their return to offices, according to Morning Consult.
Hewlett Packard Enterprise Co. HPE, executives told MarketWatch last year, the company would offer a similar division of workers to Zoom: edge workers, who work primarily remotely, but can come into an office for collaboration or social interaction, and office workers who work primarily onsite. Apple Inc., Microsoft Corp. MSFT, Google parent Alphabet Inc. GOOGL, GOOG, and others have postponed their returns indefinitely, acknowledging employees' calls for flexibility.
Facebook parent Meta Platforms Inc. FB has delayed employees return to its US offices on March 28 from Jan. 31, and will require employees to receive COVID 19 booster shots as a result of Big Tech's big problem - let employees stay home from expensive campuses or risk losing 30% of their workers. Meta pushing for a return to the office has been the most persistent in their vaccine requirements. JPMorgan Chase Co. JPM, Chief Executive Jamie Dimon, said the bank would fire unvaccinated employees.