Nokia Oyj said that its employees can choose to work up to three days a week remotely with increased support for flexible working hours from January next year after its current work from home policy comes to an end in December.
The telecom equipment maker conducted a survey of its employees at the end of last year and a majority said they wanted to work two to three days per week remotely, up from an average of two days before the COVID-19 pandemic.
“The pandemic forced organizations to change. Technology gave people the tools to innovate. In many cases, the results have been too good to go back to the old way of doing things,” Nokia CEO Pekka Lundmark said.
The Finnish firm, which had about 92,000 employees in 130 countries at the end of last year, in March said it plans to cut up to 10,000 jobs within two years to trim costs and invest more in research capabilities.
Nokia plans to redesign offices to allocate up to 70 percent of the space in some sites to teamwork and meetings, with less area reserved for workspaces.
Offices in Dallas, Texas, Singapore and Budapest have already been reconfigured, with further sites expected to be completed by the end of the year, as Nokia follows companies worldwide in opting for more hybrid working in the wake of the pandemic.
Automaker Renault SA and Stellantis NV, the maker of Peugeot and Citroen vehicles, has made agreements with workers to allow employees to work from home for up to three days a week.
Bumble Inc, the dating and relationship app, temporarily closed its offices this week, giving its about 700 employees a “much needed break” to recover from COVID-19 burnout.
Corporations such as Goldman Sachs Group Inc and JPMorgan Chase & Co are requiring all vaccinated employees to come back to the office by the fall, whereas Apple Inc pursues a hybrid work-from-home strategy and Twitter Inc has said many employees would be able to work from home indefinitely.
With COVID-19 pandemic-induced restrictions now largely lifted across the nation, companies are taking different approaches to retain staff and boost productivity. Some expect a full return to office, while others are offering a more flexible approach.
Stephen Garrett, a 27-year-old graduate student, always thought he would study in China, but first the country’s restrictive COVID-19 policies made it nearly impossible and now he has other concerns. The cost is one deterrent, but Garrett is more worried about restrictions on academic freedom and the personal risk of being stranded in China. He is not alone. Only about 700 American students are studying at Chinese universities, down from a peak of nearly 25,000 a decade ago, while there are nearly 300,000 Chinese students at US schools. Some young Americans are discouraged from investing their time in China by what they see
MAJOR DROP: CEO Tim Cook, who is visiting Hanoi, pledged the firm was committed to Vietnam after its smartphone shipments declined 9.6% annually in the first quarter Apple Inc yesterday said it would increase spending on suppliers in Vietnam, a key production hub, as CEO Tim Cook arrived in the country for a two-day visit. The iPhone maker announced the news in a statement on its Web site, but gave no details of how much it would spend or where the money would go. Cook is expected to meet programmers, content creators and students during his visit, online newspaper VnExpress reported. The visit comes as US President Joe Biden’s administration seeks to ramp up Vietnam’s role in the global tech supply chain to reduce the US’ dependence on China. Images on
New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed. The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said. Apartments with one bedroom that are two years old or older have gained a noticeable presence in the nation’s six special municipalities as well as Hsinchu county and city in the past five years, Evertrust Rehouse Co (永慶房產集團) found, citing data from the government’s real-price transaction platform. In Taipei, apartments with one bedroom accounted for 19 percent of deals last
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