CEOs are stepping down at record-high rates. According to a report from Challenger, Gray & Christmas, Inc.,“So far this year, [as of Dec 10, 2024] a record number of CEOs have left their roles. According to an analysis by a career transition firm, more than 1800 chief executive officers have either resigned, retired, or simply stepped down from their positions in 2024. In this report,…
I received an email from a Caterpillar employee stating this: “Caterpillar Resource Industries has mandated 5 day/week return to office for all employees beginning Feb 1, 2025. It will be closely tracked and employees that do not comply will receive a ‘does not meet expectations’ rating for the year.” I went to investigate and can verify a few different ways. Although the discussions haven’t been…
The phrase “diversity, equity, and inclusion” (or DEI) grew from virtually nothing in 2019 to a fast peak in 2021. But since then, DEI has given away nearly all of its gains in the workplace. In this report, we cover 48 organizations (including companies, universities, and government entities) that have reduced or eliminated their DEI programs. These organizations… Have 1,000+ employees The stories that have…
17 of the Fortune 500 companies are currently requiring five days per week in the office. Below, you’ll see the all 18 of those companies plus other notable five-day RTO companies. All of this information comes from Buildremote’s database of the Fortune 500 RTO policies. 1) Amazon According to CNBC, Amazon CEO Andy Jassy sent a new memo instructing corporate employees to come into…
JPMorgan Chase attempted one of the earliest return-to-office dates of the Fortune 500 on September 21, 2020. After a breakout of COVID occurred, the company backed off the mandate. From the beginning of the COVID lockdowns until early 2022, CEO Jamie Dimon took a hard stance against remote work and for office work. Dimon stated, “We want people back to work. And everyone is going…
On September 16, 2024, Amazon issued its sixth publicly-shared return-to-office (RTO) policy. But on December 16, 2024, Business Insider reported that Amazon may not have enough space for some employees in some locations. Here’s everything you need to know about Amazon’s RTO policy. Latest Amazon RTO Policy September 2024: According to CNBC, Amazon CEO Andy Jassy sent a new memo instructing corporate employees to…
Many RTO announcements are met with public employee backlash. And a few recent surveys show the same. A Gartner survey of 2,080 knowledge worker employees from May through June 2023 found the following: Intent to stay among knowledge employees surveyed was 8% lower with strict RTO mandates Intent to stay among high-performing employees surveyed was 16% lower Intent to stay among millennial employees surveyed was…
This post was originally written on November 4, 2024. It was updated on November 5, 2024 after an email from an AT&T employee. Rumors have started circling on forums this week. AT&T most likely started calling executives to return to the office for five days per week. It’s unclear whether that has already taken effect or will take effect on January 2, 2025. I have…
In this database, we keep an updated list of every publicly stated “return to office” policy for the Fortune 500 (and compile the data at the top). Use the links below to jump to a section that interests you. You can download one of two datasets here. Or, navigate the free report using the table of contents here. RTO policy statistics RTO for the Fortune…
Once the hub for tech companies in the world, San Francisco is now facing a wave of businesses leaving the Bay Area. An astonishing 35% of San Francisco’s workforce works primarily from home, according to a 2021 NBC Bay Area report. That’s the highest among all US cities where data was collected. And with workers staying home or moving out of San Francisco altogether, the…