Yelp will close what it called its three most consistently underutilized offices July 29—Chicago, New York and Washington, D.C.—along with reducing its footprint at its facility in Phoenix, reports Adweek.
Co-founder and CEO Jeremy Stoppelman wrote in a blog post that since the company began reopening its offices nine months ago, with a remote-first approach, roughly 1% of its workforce globally has chosen to come into the office every day, and the three offices it is closing were seeing a weekly average utilization of below 2% of available workspaces.
He added, “As we continue to embrace a fully remote workplace and design the future of remote work at Yelp, we plan to reallocate resources toward our employee experience, new talent and the growth of our business. Additionally, our in-person gatherings will continue to evolve as we reimagine the long-held paradigms around work.”
Approaches to the return to work have varied across the industry.
More here.
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