Work from home normalization presents opportunity for tech providers - Business Insider

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ICYMI: After quarantine catalyzed the mass migration to working from home, many companies have begun to embrace long-term remote work policies

that even though some business units such as Amazon Studios had slowed down due to remote work, "by and large … we've been able to make progress even with our work-from-home situation."

The coronavirus pandemic has forced companies to absorb much of the upfront cost of shifting to remote work, so they are now better positioned to realize long-term cost savings by maintaining remote work policies. Remote work presents a number of opportunities for companies, including cutting lease costs and drawing from a global pool of employee talent.

Nearly 3 in 4 CFOs and finance leaders intend to shift at least 5% of previously on-site staff to permanent work-from-home setups after the pandemic, a Gartner survey conducted at the end of March. Some are even more bullish on the idea, with 6% of respondents indicating that at least half of their workforces would make the switch.

 

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