It seems a new sector is emerging in the world: Work from Home (WFH) at scale. And if that is the case, a new class of startups will also evolve to support companies which are making the redesign possible. The deal is this, new software and apps would need to be created because companies are going “home” at scale. Simply, Covid-19 is creating a new market opportunity which could be huge. If that picks up, expect many commercial real estate companies to struggle while residential real estate firms to smile to the banks.
This is how a shift happens in the world: “Dan, you will begin work next week, but we do not expect to see you here daily. You work from home”. For the company, there is no need to expand the office space, get the cubicle guys, etc. Twitter has made the first call: “Jennifer Christie, Twitter’s head of human resources, said if employees were in a position to work from home and they wanted to continue to do so “forever”, Twitter would “make it possible”’. Expect many other firms to follow that path.
Apps to manage WFH should be in the apps store soon for subscriptions, and hardware to make it more efficient would be expected. Do not look far, the post Covid-19 opportunities are emerging already. Uber and Stripe were founded during the great recession, some new great visions will emerge out of this pandemic.
Twitter announced on Tuesday that it could allow employees to continue to work from home indefinitely even after the end of the coronavirus crisis.
Jennifer Christie, Twitter’s head of human resources, said if employees were in a position to work from home and they wanted to continue to do so “forever”, Twitter would “make it possible”.
Christie’s post said Twitter was one of the first companies to implement the stay-at-home model in early March.
According to media reports, several other tech companies, such as Google, Microsoft, and Amazon, did the same.
The company said offices would remain closed until at least September, “with very few exceptions”.
“Opening offices will be our decision,” a company spokesperson told NBC News.
“When and if our employees come back, will be theirs,” the spokesman added