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Home Technology

Amazon, Intel, Paypal worry about losing talent when refusing employees to work remotely

Runehq by Runehq
February 5, 2022
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Amazon, Intel, Paypal worry about losing talent when refusing employees to work remotely
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According to CNBC, the big tech firms, including Amazon, Intel, Pinterest and PayPal, all admit they risk losing talent to competitors that offer more attractive, flexible job options, for example. for example, working remotely or working a combination of office and home.

Silicon Valley tech companies have long faced stiff competition for software engineers. The Covid-19 pandemic has enabled this workforce to find the flexibility to work remotely, and some employees don’t even want to go back to the office.

Amazon, Intel, and Paypal are worried about losing talent when they refuse to work remotely - Photo 1

Amazon’s main office headquarters in Seattle, Washington, USA

Many big tech companies are admitting that their competitors’ more flexible work arrangements pose significant risks to their businesses. In their recently published annual filings, Amazon, Pinterest, Intel, and PayPal first mentioned how work environments can affect their ability to attract or retain employees. This shows that, more than 2 years after the Covid-19 epidemic, major technology companies are still pondering whether to bring employees back to the office, and the risks associated with bringing people back. work in the same space.

Some tech workers are eager for the office to reopen, while others just want to work remotely. Companies are capitalizing on that desire for flexibility by offering new employees compelling perks, such as the ability to set their own schedules or work from anywhere.

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More and more tech companies are making remote work the norm, including Facebook, Twitter and Shopify. Others like Dropbox and Atlassian are also ditching the idea of ​​a centralized campus and allowing employees to work from locations around the country. Coinbase, GiLlab, and HashiCorp operate regardless of whether they have an official headquarters, but with an emphasis on prioritizing the remote workforce.

Even big tech companies like Google, Amazon and Apple, which have poured a lot of money into complex headquarters, are moving to offer more choice of work environment, although they are not as comfortable as some. other technology companies.

Amazon CEO Andy Jassy previously told CNBC that he feels a hybrid work environment will be the most practical approach after the pandemic. “I don’t think people will go back to the office 100 per cent the way they did before,” Mr. Jassy said.

Tags: AmazonCOINBASEDROPBOXemployeesIntelLabor forceLosingPayPalPinterestrefusingremotelySeattleSilicon ValleyTalentworkworry
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