Starting in February, Snap employees will be expected to spend at least 80% of their time in the office, reaching four days a week for most employees, according to an internal memo seen by Bloomberg. The policy, which CEO Evan Spiegel called “default together,” would apply to all of Snap’s 30 offices around the world.
Spiegel said the new return-to-office policy would help Snap reach its “full potential” and argued that what workers might give up “in terms of our individual convenience” would be compensated for by “our collective success”.
Snap did not immediately respond to a request for comment.
Snap was one of the first to join a remote policy as COVID started to spread across the US. But in his memo, Spiegel wrote that he fears the extended stint of working from home has meant “we’ve forgotten what we’ve lost — and what we could gain — by spending more time together.
Spiegel’s comments echo other remarks from corporate leaders trying to get workers back to work. Goldman Sachs Chief Executive David Solomon said Fortune in February that the bank’s “cultural foundation” required people to return to the office, while JPMorgan CEO Jamie Dimon he had a fight that remote work has fostered dishonesty and procrastination.
Many companies have tried to impose mandates on in-person work. Companies like Apple And Black rock they ask workers to come three days a week, with others like them General Motors planning impose their mandates three days a week in the coming year.
More recently, new Chirping CEO Elon Musk required for workers to walk into the office, saying that only “exceptional” workers will receive an allowance for working from home. (Moss reported denied this request because Twitter employees chose not to embrace the new CEO’s “hardcore” work culture.)
Snap’s call for people to return to the office comes at a time of crisis for the social media company.
Snap said he would cut 20% of its workforce on Aug. 30, citing low quarterly revenue growth. The company also said it will cut expenses in its augmented reality division.
The social media company reported hers slower quarterly sales growth also in late October, to just 6%, which he attributed to “macroeconomic headwinds” and “increased competition.” Snap also announced it would be closing its San Francisco office as well, saying the space was “underutilized by team members following our shift to flexible working” in a memo, according to Bloomberg.
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