Earlier this week we learned that Yahoo’s CEO, Marissa Mayer, is curtailing its work from home policy and mandating all remote workers to relocate within commuting distance of a Yahoo office or leave the company. According to “the leaked” company memo, “Speed and quality are often sacrificed when we work from home. We need to be one Yahoo!, and that starts with being physically together. Some of the best decisions and insights come from hallway and cafeteria discussions, meeting new people and impromptu team meetings.”
In our techno savvy world, new technology continues to empower and enable more and more workers to virtually work from anywhere. Many companies continue to take advantage of these technologies and establish a work from home policy increasing telecommuting opportunities. While other companies are finding that working from home doesn’t necessarily equal getting the job done, which appears to be one of the driving factors in Mayer’s decision. Good or bad decision? Time will only tell. After all, she was brought in from Google to turn Yahoo around and increase their revenues.
How will Yahoo’s decision to recall all of their home/remote workers back to a work from the office policy affect you and your company? While technology continues to be more sophisticated enabling people to work virtually from anywhere, will large corporations rethink their work from home policies based upon this move by Yahoo?