Washington Post: "Corporate America is coming around to remote work"

"Nearly two years after millions of Americans became abruptly acquainted with Zoom, questions about what the post-pandemic office will look like can be answered with a quick look around: It’s already here.

The case for the functionality of remote work has largely been settled: The wheels of productivity continued to hum on Wall Street and in Silicon Valley and other corporate strongholds even as their sprawling offices lay vacant. Employees stayed home and learned how to live at work. And throughout 2021, profits rolled in.

Corporate leaders attempting to coax employees back to the office have largely accepted the inevitability of the hybrid work model — a strategy buttressed by the reality of raging coronavirus rates, a tight labor market and the nation’s more than 10 million job openings. Now they are learning to leverage its benefits, according to Adam Galinsky, a professor of leadership and ethics at Columbia Business School in New York. That includes more flexibility and less time commuting for employees, and lower real estate and operating costs for companies."

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https://www.washingtonpost.com/business/2022/01/15/remote-work-omicron/

Goldman Sachs headquarters in New York on Jan. 4. Wall Street’s push to refill office towers across the country was recently derailed by the highly transmissible omicron variant of the coronavirus. (Amir Hamja/Bloomberg)