Twitter Shutters Offices in Move to Work From Home
Twitter said it was reducing physical office space globally in favor of remote working as the social media giant tried to cut costs.
As Bloomberg News reported on Wednesday (July 27), Twitter told employees in an email that it would significantly reduce its presence in San Francisco by moving out of an office space where it currently occupies several floors.
The company has also dropped plans to open an office in nearby Oakland, may also close its office in Sydney, and is also considering closing offices in Japan, New Zealand, South Korea, Spain, in Germany and the Netherlands when their leases expire. The company will also reduce the pace of businesses in Tokyo, New Delhi, New York and Dublin, but does not plan to cut jobs, the memo said.
“I want to clarify that this does not change our commitment to working in each of these markets,” wrote Dalana Brand, Twitter’s chief human resources officer.
“If some offices were to close, there would be no impact on the employment of Tweeps; they would simply transition to full-time WFH employees. »
Read more: Block to close San Francisco headquarters, move to remote workforce
Twitter’s move comes a month after payment processor Block, formerly known as Square, announced it would vacate its San Francisco headquarters when its lease expires in September this year. next.
The company cited the fact that employees will not return to traditional offices when COVID-19 restrictions end as the main reason for its decision. Block previously said it no longer needed a single head office and many employees were working from home.
See also: Airbnb lets employees live and work anywhere
This year, Airbnb also announced that its employees can now choose to work from home or in the office.
“Startups today have embraced remote working and flexibility, and I think it will become the predominant way of working 10 years from now,” Brian Chesky, CEO of the vacation rental site, told employees. “That’s where the world is going.”