![]() ![]() Roblox went public in 2021 riding high on the kids-at-home-gaming pandemic wave. Employees have three months to make the decision. □ This includes the relocation of some remote employees to San Mateo, with relo expenses offered. ⚖Įmployees are now expected to come into the office Tues-Thurs. ![]() They've offered the increasingly common "choice": #RTO or severance. Game developer Roblox did an about-face Tuesday with regard to their previously supportive remote policy. Nike expands RTO plan, will require four days in office #culture #remotework #flexiblework #hybridwork □ And maybe that is what CEOs plan given 64% believe there will be a full return to office by 2026. ![]() These types of changes create apprehension from employees that flexibility will be chipped away at slowly. While in-office requirements are more common in the apparel industry, this is a move that risks their ability to attract talent since they now require more in-office time than Adidas or the largest Oregon employer - Intel. “We’ve seen the power and energy that comes from working together in person, and we aim to create more of that." Just like BlackRock and Chipotle, they announced an increase to 4️⃣ four-days-a-week from three-days - which was their original #RTO policy since May of 2022. Nike is the third company I'm aware of to increase its existing in-office requirement. □ I'm rooting for them as an #asynchronous communication company though. They are down 10% in revenue this quarter YOY and have lost about $17M YTD. □♀️ģ️⃣ Or perhaps it was time for the expense management company to reduce expenses. Furthering this theory is that Expensify has now opened the 'midtown beer garden' □ next door. On top of champagne saberings (hint see the picture), it features the CEO's favorite drink complete with a custom ice cube. Why would a place to drink hard liquor be an appropriate work location to develop and test software? □ Is it what their employees asked for as an office priority?Ģ️⃣ The bar seems awkwardly high-end for their brand ('suck' is in their slogan) and demographics. However, I sense that the CEO's reasoning is oversimplified.ġ️⃣ The lounge was originally positioned for customer interactions, not as an employee work location. The headline will be welcomed by many evangelizing for a "no #RTO" more flexible future. Confusingly, he also says "Which isn't to say there's no place for offices going forward – far from it." What did he learn from the experiment? In large bold font: "The office is dead". He positioned the decision as the end of a (secret □) experiment "to go all out" to attract employees to the physical office. Expensify's CEO David Barrett announced the closing of a high-end bar in their San Fran office building. ![]()
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