Home » Technology » Yelp CEO shutters some offices, says hybrid work is “hell”

Yelp CEO shutters some offices, says hybrid work is “hell”

Yelp CEO shutters some offices, says hybrid work is “hell”

Placeholder while article actions load

Yelp, an app that recommends local restaurants and services to users using location-based services, is closing its offices in New York, Chicago and Washington, D.C., as part of a move to double down on remote work.

In an interview with The Washington Post, Yelp co-founder and CEO Jeremy Stoppelman called hybrid offices “the worst of both worlds” and noted that two things have become increasingly clear following the pandemic: Workers want to do their jobs remotely and the company benefits from meeting the demand. Stoppelman acknowledged the growing popularity of hybrid policies — in which employees work from the office part time — but called them “the hell of half measures.”

“It’s the worst of three options,” he said.

Yelp is also reducing its Phoenix office space. All closures and reductions of offices, which Yelp says are the most consistently underutilized, will be effective July 29, he said.

Stoppelman’s decision to double down on remote work comes after Yelp told its 4,400 employees last year that they can work from anywhere indefinitely. It also downsized its San Francisco headquarters to opt for a “hoteling” model, in which employees reserve their desk spaces for the day. Yelp is among a growing number of companies — including Twitter, Airbnb and Slack — that have indicated that the future of work is remote. Meanwhile, others are opting for a hybrid work environment or a five-day in-office workweek.

See also  Elon Musk Reportedly Warns Tesla Executives to Return to Office or Leave Company

‘The office as we know it is over,’ Airbnb CEO says

Yelp plans to use the cost-savings from the office space to reinvest in hiring, in employee benefits and perks, and the business itself. Stoppelman said the company is figuring out the cadence and best ways to host in-person events so workers can…

Read full article on www.washingtonpost.com