Zoom Requires Hybrid Work Model After Pandemic-Fueled Remote Work Boom
- Zoom is mandating that employees living near offices work on-site two days per week, believing interaction is most effective.
- During the pandemic, Zoom experienced significant growth as demand for video conferencing surged with remote work.
- Zoom's stock has declined as employees return to offices, resulting in layoffs amid slower growth.
- Other major tech firms like Google, Apple, and Meta have also enacted hybrid policies, ending fully remote work.
- Zoom aims to leverage in-person collaboration and their own technologies under the new hybrid approach.