Zoom encourages employees to return to the office

It’s ironic that Zoom, the company that has benefited the most from the world’s shift to remote work, is encouraging its employees to return to the office, writes New York Post.

Zoom requires all employees within a 50-mile (80 km) radius of the company’s office to work a blended schedule at least two days a week.

“We believe that a structured hybrid approach – meaning employees that live near an office need to be onsite two days a week to interact with their teams – is most effective for Zoom,” a spokesperson told in a statement. “As a company, we are in a better position to use our own technologies, continue to innovate, and support our global customers.”

In 2020, after the outbreak of the COVID-19 pandemic, San Jose-based Zoom Video Communications saw its stock increase sixfold. Zoom quickly became the most popular videoconferencing service in the world. In late 2021, however, Zoom’s stock plummeted, and since then the company has lost at least $100 billion in market value. The stock dropped again in 2023 as workers around the world returned to their offices.

In January 2022. Zoom announced that only 2% of its employees work in an office, and it looks like that number will increase significantly. Zoom has two offices in the U.S. – in San Jose, California, and Denver, Colorado. The company has more than 8,400 employees.