Zinger Key Points
- “We have to get our employees back in the office,” says BlackRock's Fink.
- “We don’t have a plan to require people to come back,” Amazon's Jassy said onstage Wednesday at the conference.
- Discover Fast-Growing Stocks Every Month
When the COVID-19 pandemic swept throughout the world in early 2020, many business leaders predicted the disease would change business operations forever. Others thought there would be disruptions, but we’d be generally back to life as normal once the virus subsided.
Today, we are still seeing the discrepancy among CEOs. BlackRock Inc BLK CEO Larry Fink told Fox Business on Tuesday that it is time for employees to return to the office, and that it could help solve the high inflation that consumers are dealing with in the United States.
“We have to get our employees back in the office,” he said on "The Claman Countdown."
“Rising productivity will offset some of the inflationary pressures.”
On the flipside, Amazon.com, Inc. AMZN CEO Andy Jassy does not plan on requiring employees to return to the office. Jassy spoke at the tech conference CODE in Los Angeles on Wednesday and touched on Amazon’s plans regarding remote work.
“We don’t have a plan to require people to come back,” Jassy said onstage Wednesday at the conference.
“We don’t right now. But we’re going to proceed adaptively as we learn.”
It’s possible that companies that require employees to work in person may have a harder time filling open positions. But some business leaders, like Fink believe that remote work has led to a decrease in productivity.
Photo via Shutterstock.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
