The pendulum is swinging away from remote work and back to in-office generally. WSJ reports on the latest:
Companies calling employees back to work 5 days a week now include Amazon, Boeing, JP Morgan Chase, and UPS.
Some companies are letting noncompliant employees go. Roblox, Grindr, and Snap have offered severance packages or laid off workers due to missing in-office targets.
A Korn Ferry client partner predicts a “bloodbath” in 2025 because “many bosses believe they no longer have to put up with work-from-home holdouts.”
Remote jobs are fewer. LinkedIn reports 8% of jobs posted on its platform are remote, compared to 18% in early 2022. Also, competition for remote jobs is strong, drawing 40% of applications on LinkedIn. The job site Indeed also reports remote jobs posted on its platform make up around 8% of total listings and says “the posted salary ranges for remote positions have widened over the past year,” possibly indicating “employers are trying to pay less for workers who live away from expensive coastal cities.”
Silver lining? There’s a slight uptick in remote jobs for high earners.“ Ladders, a job site for six-figure positions, reports 10.4% of roles that pay $250,000 or more were advertised as remote in the third quarter of this year, up from 8.8% in the second quarter.” That said, the WSJ article includes an interview with a lawyer who was working remotely for a California company in Kansas but was recently let go after being unable to come into the office. She has since found it “hard to find another remote opportunity,” and “her old job is now posted as an on-site position.”
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