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Workers are rage-quitting crappy jobs as COVID pandemic slows
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These workers were asked to return to the office \u2014 they quit instead
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NYC office landlords\u2019 back-to-work fear
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WeWork CEO says ‘least engaged’ employees prefer working remotely, gets dragged for it
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America\u2019s most valuable startup told employees they\u2019re welcome to leave expensive cities like New York and San Francisco and work remotely forever, and many workers took the deal, despite one catch — a 10 percent salary cut.<\/p>\n
Stripe, an online payments company valued at $95 billion, said in September that workers who moved elsewhere would get a one-time bonus of $20,000 but a permanent salary cut.<\/p>\n
Now, the company\u2019s CEO says many of the company\u2019s 4,000-plus workers took the deal.<\/p>\n
\u201cWe saw pretty major uptake,\u201d said Stripe co-founder and president John Collison in a Bloomberg TV interview on Tuesday. \u201cThere were a lot of people who took advantage of all the remote working that was going on last year to be able to move to be closer to their families, to somewhere they wanted to move previously.\u201d <\/p>\n
Collison did not provide an exact number in the interview, and Stripe did not immediately reply to a request for comment. <\/p>\n
Stripe, which is headquartered in both San Francisco and Dublin, was founded by Collison and his brother Patrick and has allowed some employees to work remotely since 2013. <\/p>\n
But while Stripe got an early start, it’s far from the only tech firm to embrace remote work. <\/p>\n
Most Twitter employees will be allowed to work remotely forever \u2014 apparently without a pay cut \u2014 CEO Jack Dorsey said last year. <\/p>\n
Facebook CEO Mark Zuckerburg has told his company\u2019s 40,000-plus employees that the company plans to let some employees work remotely but will slash salaries for workers in less-expensive areas. <\/p>\n
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\u201cThere\u2019ll be severe ramifications for people who are not honest about this,\u201d Zuckerberg warned last year. <\/p>\n
Apple, meanwhile, plans to require employees to report to work in person three days per week. In response, a group of employees circulated an angry letter in May condemning the decision.<\/p>\n