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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616592677,"share":"https://www.laohu8.com/m/news/1155297077?lang=&edition=full","pubTime":"2021-03-24 21:31","market":"us","language":"en","title":"Stocks rebound with Dow rising 100 points, Intel shares pop","url":"https://stock-news.laohu8.com/highlight/detail?id=1155297077","media":"Tiger Newspress","summary":"U.S. stocks rebounded on Wednesday as investors once again made bets on a strong economic recovery f","content":"<p>U.S. stocks rebounded on Wednesday as investors once again made bets on a strong economic recovery from the pandemic.</p><p>The Dow Jones Industrial Average gained 94 points, or 0.4%. The S&P 500 added 0.4%, while the tech-heavy Nasdaq Composite advanced 0.5%.</p><p><img src=\"https://static.tigerbbs.com/d7dea3f7c9861b8005fc12e260dddcf6\" tg-width=\"1039\" tg-height=\"435\" referrerpolicy=\"no-referrer\"></p><p>Shares of Intel led premarket gains, up nearly 5% after the chip giant unveiled plans for a comeback, saying it was opening two new factories to manufacture its own chips and ones for other companies.</p><p>Cruise lines and airlines also recovered some of the losses in the previous session. Shares of American Airlines and United Airlines were higher by more than 3%. Carnival popped 5%, while Norwegian Cruise Line and Royal Caribbean gained 3% each. Energy stocks also rebounded as oil prices bounced.</p><p>The market suffered a broad sell-off on Tuesday amid concern about rising new coronavirus infections in the U.S. and abroad.</p><p>Tom Lee of Fundstrat Global Advisors said that his clients have been worried about rising Covid cases in Europe, but he believes the sell-off Tuesday was more about end-of-quarter portfolio rebalancing and superstitious investors taking profits one-year after the market's lows. He's still betting on stocks that will benefit most from an economic rebound, comparing today to past post-war periods.</p><p>\"Post war, cyclical companies become the new growth stocks,\"Lee told CNBC. \"That's what happens. It happened in Iraq and the Middle East. It happened in Japan. It happened in Korea after the Korean War. It happened in the U.S. after World War II and the Korean War. This is a post-war environment.\"</p><p>Many regions of the world are indeed seeing rising Covid-19 cases as highly contagious variants continue to spread, the World Health Organization said.Germany and France are extending or enforcing new lockdown measures.</p><p>But the pace of vaccinations in the U.S. is picking up with nearly one in five adults now fully vaccinated.</p><p>On Wednesday, Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen will continue their testimony to the U.S. House Committee on Financial Services. In the first joint appearance Tuesday, the pair acknowledged the richly valued asset prices in the markets, but said that they are not concerned about financial stability.</p><p>“I’d say that while asset valuations are elevated by historical metrics, there’s also belief that with vaccinations proceeding at a rapid pace, that the economy will be able to get back on track,” Yellen said during the testimony. “I think that in an environment where asset prices are high, that what’s important is for regulators to make sure that the financial sector is resilient and to make sure that markets work well.”</p><p>Powell said that the economic recovery from the pandemic had “progressed more quickly than generally expected and looks to be strengthening.”</p><p>However, he said that the sectors of the economy hardest-hit by the pandemic “remain weak” and the unemployment rate “underestimates the shortfall,” so the recovery still had a long way to go.</p><p>Treasury yields dipped on Tuesday and continued to fall slightly on Wednesday.</p><p>General Mills,Tencent,KB Homes and RH are among the companies reporting earnings on Wednesday.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks rebound with Dow rising 100 points, Intel shares pop</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks rebound with Dow rising 100 points, Intel shares pop\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-24 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks rebounded on Wednesday as investors once again made bets on a strong economic recovery from the pandemic.</p><p>The Dow Jones Industrial Average gained 94 points, or 0.4%. The S&P 500 added 0.4%, while the tech-heavy Nasdaq Composite advanced 0.5%.</p><p><img src=\"https://static.tigerbbs.com/d7dea3f7c9861b8005fc12e260dddcf6\" tg-width=\"1039\" tg-height=\"435\" referrerpolicy=\"no-referrer\"></p><p>Shares of Intel led premarket gains, up nearly 5% after the chip giant unveiled plans for a comeback, saying it was opening two new factories to manufacture its own chips and ones for other companies.</p><p>Cruise lines and airlines also recovered some of the losses in the previous session. Shares of American Airlines and United Airlines were higher by more than 3%. Carnival popped 5%, while Norwegian Cruise Line and Royal Caribbean gained 3% each. Energy stocks also rebounded as oil prices bounced.</p><p>The market suffered a broad sell-off on Tuesday amid concern about rising new coronavirus infections in the U.S. and abroad.</p><p>Tom Lee of Fundstrat Global Advisors said that his clients have been worried about rising Covid cases in Europe, but he believes the sell-off Tuesday was more about end-of-quarter portfolio rebalancing and superstitious investors taking profits one-year after the market's lows. He's still betting on stocks that will benefit most from an economic rebound, comparing today to past post-war periods.</p><p>\"Post war, cyclical companies become the new growth stocks,\"Lee told CNBC. \"That's what happens. It happened in Iraq and the Middle East. It happened in Japan. It happened in Korea after the Korean War. It happened in the U.S. after World War II and the Korean War. This is a post-war environment.\"</p><p>Many regions of the world are indeed seeing rising Covid-19 cases as highly contagious variants continue to spread, the World Health Organization said.Germany and France are extending or enforcing new lockdown measures.</p><p>But the pace of vaccinations in the U.S. is picking up with nearly one in five adults now fully vaccinated.</p><p>On Wednesday, Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen will continue their testimony to the U.S. House Committee on Financial Services. In the first joint appearance Tuesday, the pair acknowledged the richly valued asset prices in the markets, but said that they are not concerned about financial stability.</p><p>“I’d say that while asset valuations are elevated by historical metrics, there’s also belief that with vaccinations proceeding at a rapid pace, that the economy will be able to get back on track,” Yellen said during the testimony. “I think that in an environment where asset prices are high, that what’s important is for regulators to make sure that the financial sector is resilient and to make sure that markets work well.”</p><p>Powell said that the economic recovery from the pandemic had “progressed more quickly than generally expected and looks to be strengthening.”</p><p>However, he said that the sectors of the economy hardest-hit by the pandemic “remain weak” and the unemployment rate “underestimates the shortfall,” so the recovery still had a long way to go.</p><p>Treasury yields dipped on Tuesday and continued to fall slightly on Wednesday.</p><p>General Mills,Tencent,KB Homes and RH are among the companies reporting earnings on Wednesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155297077","content_text":"U.S. stocks rebounded on Wednesday as investors once again made bets on a strong economic recovery from the pandemic.The Dow Jones Industrial Average gained 94 points, or 0.4%. The S&P 500 added 0.4%, while the tech-heavy Nasdaq Composite advanced 0.5%.Shares of Intel led premarket gains, up nearly 5% after the chip giant unveiled plans for a comeback, saying it was opening two new factories to manufacture its own chips and ones for other companies.Cruise lines and airlines also recovered some of the losses in the previous session. Shares of American Airlines and United Airlines were higher by more than 3%. Carnival popped 5%, while Norwegian Cruise Line and Royal Caribbean gained 3% each. Energy stocks also rebounded as oil prices bounced.The market suffered a broad sell-off on Tuesday amid concern about rising new coronavirus infections in the U.S. and abroad.Tom Lee of Fundstrat Global Advisors said that his clients have been worried about rising Covid cases in Europe, but he believes the sell-off Tuesday was more about end-of-quarter portfolio rebalancing and superstitious investors taking profits one-year after the market's lows. He's still betting on stocks that will benefit most from an economic rebound, comparing today to past post-war periods.\"Post war, cyclical companies become the new growth stocks,\"Lee told CNBC. \"That's what happens. It happened in Iraq and the Middle East. It happened in Japan. It happened in Korea after the Korean War. It happened in the U.S. after World War II and the Korean War. This is a post-war environment.\"Many regions of the world are indeed seeing rising Covid-19 cases as highly contagious variants continue to spread, the World Health Organization said.Germany and France are extending or enforcing new lockdown measures.But the pace of vaccinations in the U.S. is picking up with nearly one in five adults now fully vaccinated.On Wednesday, Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen will continue their testimony to the U.S. House Committee on Financial Services. In the first joint appearance Tuesday, the pair acknowledged the richly valued asset prices in the markets, but said that they are not concerned about financial stability.“I’d say that while asset valuations are elevated by historical metrics, there’s also belief that with vaccinations proceeding at a rapid pace, that the economy will be able to get back on track,” Yellen said during the testimony. “I think that in an environment where asset prices are high, that what’s important is for regulators to make sure that the financial sector is resilient and to make sure that markets work well.”Powell said that the economic recovery from the pandemic had “progressed more quickly than generally expected and looks to be strengthening.”However, he said that the sectors of the economy hardest-hit by the pandemic “remain weak” and the unemployment rate “underestimates the shortfall,” so the recovery still had a long way to go.Treasury yields dipped on Tuesday and continued to fall slightly on Wednesday.General Mills,Tencent,KB Homes and RH are among the companies reporting earnings on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353896223,"gmtCreate":1616477238662,"gmtModify":1634525612170,"author":{"id":"3573303898405797","authorId":"3573303898405797","name":"lovelain3","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573303898405797","authorIdStr":"3573303898405797"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/353896223","repostId":"2121094501","repostType":4,"repost":{"id":"2121094501","pubTimestamp":1616472348,"share":"https://www.laohu8.com/m/news/2121094501?lang=&edition=full","pubTime":"2021-03-23 12:05","market":"us","language":"en","title":"ArcLight Clean Transition Corp. II Announces Pricing of Upsized $275 Million Initial Public Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2121094501","media":"StreetInsider","summary":"Boston, Massachusetts, March 22, 2021 -- $ArcLight Clean Transition Corp. II$ , a special purpose acquisition company formed for the purpose of entering into a combination with $one$ or more businesses, today announced the pricing of its upsized initial public offering of 27,500,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market and trade under the ticker symbol “ACTDU” beginning March 23, 2021. Each unit consists of $one$ Class A ordinary share of th","content":"<p>Boston, Massachusetts, March 22, 2021 (GLOBE NEWSWIRE) -- <a href=\"https://laohu8.com/S/ACTDU\">ArcLight Clean Transition Corp. II</a> (the “Company”), a special purpose acquisition company formed for the purpose of entering into a combination with <a href=\"https://laohu8.com/S/AONE\">one</a> or more businesses, today announced the pricing of its upsized initial public offering of 27,500,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market and trade under the ticker symbol “ACTDU” beginning March 23, 2021. Each unit consists of <a href=\"https://laohu8.com/S/AONE.U\">one</a> Class A ordinary share of the Company and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Capital Market under the symbols “ACTD” and “ACTDW,” respectively.</p>\n<p><a href=\"https://laohu8.com/S/ACTCU\">ArcLight Clean Transition Corp.</a> II, led by Chairman Daniel R. Revers and President and Chief Executive Officer John F. Erhard, intends to pursue opportunities created by the accelerating transition toward sustainable use of energy and natural resources, but will not be limited to a particular industry or geographic region in its identification and acquisition of a target company.</p>\n<p>Citigroup Global Markets Inc. and Barclays Capital Inc. are serving as joint book-running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 4,125,000 units at the initial public offering price to cover over-allotments, if any.</p>\n<p></p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ArcLight Clean Transition Corp. II Announces Pricing of Upsized $275 Million Initial Public Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArcLight Clean Transition Corp. II Announces Pricing of Upsized $275 Million Initial Public Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 12:05 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=18161360><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Boston, Massachusetts, March 22, 2021 (GLOBE NEWSWIRE) -- ArcLight Clean Transition Corp. II (the “Company”), a special purpose acquisition company formed for the purpose of entering into a ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18161360\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.streetinsider.com/dr/news.php?id=18161360","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121094501","content_text":"Boston, Massachusetts, March 22, 2021 (GLOBE NEWSWIRE) -- ArcLight Clean Transition Corp. II (the “Company”), a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses, today announced the pricing of its upsized initial public offering of 27,500,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market and trade under the ticker symbol “ACTDU” beginning March 23, 2021. Each unit consists of one Class A ordinary share of the Company and one-fifth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Capital Market under the symbols “ACTD” and “ACTDW,” respectively.\nArcLight Clean Transition Corp. II, led by Chairman Daniel R. Revers and President and Chief Executive Officer John F. Erhard, intends to pursue opportunities created by the accelerating transition toward sustainable use of energy and natural resources, but will not be limited to a particular industry or geographic region in its identification and acquisition of a target company.\nCitigroup Global Markets Inc. and Barclays Capital Inc. are serving as joint book-running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 4,125,000 units at the initial public offering price to cover over-allotments, if any.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182062419,"gmtCreate":1623547613731,"gmtModify":1634031974197,"author":{"id":"3573303898405797","authorId":"3573303898405797","name":"lovelain3","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573303898405797","authorIdStr":"3573303898405797"},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182062419","repostId":"2143788707","repostType":4,"repost":{"id":"2143788707","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623530820,"share":"https://www.laohu8.com/m/news/2143788707?lang=&edition=full","pubTime":"2021-06-13 04:47","market":"us","language":"en","title":"How tech companies are bringing workers back to the office: Slowly and with 'social' incentives","url":"https://stock-news.laohu8.com/highlight/detail?id=2143788707","media":"Dow Jones","summary":"'The claims that \"the office is dead\" are over-hyped,' Twilio executive says. 'The truth is that the","content":"<p>'The claims that \"the office is dead\" are over-hyped,' Twilio executive says. 'The truth is that the reasons people come into the physical office are changing.'</p>\n<p>As they return to work, employees of website platform Contentful Inc. are getting an eyeful of their new offices in Berlin and Denver and a realigned headquarters in San Francisco, which include hallmarks of the post-pandemic workplace -- a theater in Berlin and group rooms in San Francisco that are devoted to interactive meetings, with kitchen space doubled.</p>\n<p>\"We think the office is a social place first,\" Contentful Chief Executive Steve Sloan told MarketWatch. \"The office is where the great ideas are hatched -- especially in an idea-centric economy.\"</p>\n<p>Millions of tech workers are slowly making the migration back to offices as millions become fully vaccinated and states lift restrictions. At Contentful, all 550 employees, including Sloan, will continue to work from home most of the time, and occasionally venture into the office for socializing and collaboration.</p>\n<p>But many of those returning may not recognize the new digs, which are largely being designed to foster a nexus of ideas shared in theater-like settings and socially-distanced conference rooms, with specialized break-out areas for brainstorming and socializing. Workers will need to get used to the new office lingo of dynamic spaces and hoteling.</p>\n<p>\"It's about going into the tunnel, and coming out of the tunnel,\" VMware Chief Operating Officer Sanjay Poonen told MarketWatch, about a conservative return to the office. \"This is sort of like a traffic jam -- you slow down, and then gradually regain speed. We will get back to normalcy.\"</p>\n<p>Tech companies -- among the first to ask employees to work from home during the pandemic -- are leading the return to the office by the fall. Their reopening plans offer a glimpse into office life of the next few years, with a heavy emphasis on a hybrid work model and three-day work weeks onsite, as well as no vaccine requirements. California's COVID-19 state of emergency order will remain in place beyond June 15, despite plans to fully reopen the state's economy on that date, Gov. Gavin Newsom said Friday.</p>\n<p>\"Three days a week [in the office] is the new five,\" <a href=\"https://laohu8.com/S/TWLO\">Twilio Inc</a>. (TWLO) Chief People Officer Christy Lake told MarketWatch, noting that 77% of the company's employees said they miss the office. \"The claims that 'the office is dead' are over-hyped. The truth is that the reasons people come into the physical office are changing.\"</p>\n<p>Dynamic spaces will occupy a key part of Twilio's plans. The San Francisco-based company has revamped offices with specific areas for open collaboration, community and socializing, heads-down work, and flexible multipurpose spaces, said Lake, who added that some employees will trickle back to Twilio's Bay Area offices beginning July 14. Employees have the option of working from home throughout the year.</p>\n<p>Pre-pandemic, many in Silicon Valley were already on the path to a hybrid situation. Advances in videoconferencing technology and bandwidth had given them the luxury of working from home several days a week to avoid car-choked freeways. And employers were OK with the arrangement to scoop up talent from across the country. What COVID did was accelerate a work trend that was already clearly in motion, said Heather Kernahan, global CEO at PR agency Hotwire.</p>\n<p>\"It's not going 'back to work.' We've been working hard,\" Kernahan said. \"Thoughtful working is what you do, not where you go.\"</p>\n<p>An exodus back to the office is likely to occur by September, based on data collected by real-estate company Savills, which surveyed more than 120 tech companies in March. More than half said they expect to be back in the office by the third quarter of this calendar year.</p>\n<p>Silicon Valley's largest employers, sitting on millions of square feet of land they own, have been particularly aggressive in dictating when workers get back. How that pans out in an era when employees are increasingly outspoken about work conditions, including the option to work exclusively from home, bears watching, say labor experts.</p>\n<p>While employees at smaller companies have overwhelmingly shown a preference to return, those at Apple and other behemoths aren't so sure, given the large number of people congregating in <a href=\"https://laohu8.com/S/AONE\">one</a> place.</p>\n<p>Shortly after Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> pronounced employees must work in the office at least three days a week (Monday, Tuesday and Thursday) beginning in early September -- including at Apple Park, the futuristic \"spaceship\"-like headquarters in Cupertino, Calif., that the company spent an estimated $5 billion to design and build -- some workers pushed back.</p>\n<p>\"We would like to take the opportunity to communicate a growing concern among our colleagues,\" Apple employees said in a letter to Apple CEO Tim Cook. \"That Apple's remote/location-flexible work policy, and the communication around it, have already forced some of our colleagues to quit. Without the inclusivity that flexibility brings, many of us feel we have to choose between either a combination of our families, our well-being, and being empowered to do our best work, or being a part of Apple.\"</p>\n<p>Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) said it expects about 20% of its workforce to remain fully remote this fall , while 60% will work a hybrid office/home mix.</p>\n<p><a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB) employees have returned to a 10% maximum capacity at corporate headquarters in Menlo Park, Calif., and other select San Francisco Bay Area offices. Facebook is likely to fully reopen most U.S. offices by October, and non-remote employees will work in offices at least half the time. The company and <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc. (TWTR) have said employees will be allowed to permanently work from home if their jobs allow for it.</p>\n<p>MarketWatch talked to at least 20 companies, and a handful, including Twilio and Box, require employees to be vaccinated before returning to the office. Facebook and Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, for example, only encourage employees to vaccinate.</p>\n<p>Others, however, have taken a more measured approach.</p>\n<p><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com Inc. <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a> reopened its first U.S. office, the Salesforce <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a> headquarters in San Francisco, in May. Offices in Palo Alto, Calif., and Irvine, Calif, will follow in the coming months. At the same time, the company extended the option for all employees to continue to work from home through the end of 2021.</p>\n<p><a href=\"https://laohu8.com/S/OKTA\">Okta Inc.</a> (OKTA) is shifting from large, campus-type locations serving regions to distributed offices based on where employees live. The new offices will function like Apple stores -- an \"experiential place\" where customers and partners can learn about products and chat with experts, and employees can collaborate as needed, an Okta spokeswoman told MarketWatch.</p>\n<p><a href=\"https://laohu8.com/S/BOX\">Box Inc</a>. <a href=\"https://laohu8.com/S/BOX.UK\">$(BOX.UK)$</a> is opening its San Francisco office in mid-July and its Redwood City, Calif., headquarters in early August at limited capacity, per local regulations. What its workers will encounter is a mix of assigned desks and hoteling, a form of office management in which workers schedule their use of desks, cubicles and offices. But travel remains prohibited until at least later this summer, and quarterly all-hands meetings will remain virtual through Feb. 1, 2022.</p>\n<p>Hewlett Packard Enterprise Co. <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> has divided its workforce into two classes: \"Edge\" workers will come to the office with their laptops once or twice a week for meetings, collaboration and culture. \"Office\" workers will maintain dedicated work stations and come to the office most days.</p>\n<p>German software giant SAP (SAP.XE), which has a Palo Alto, Calif., campus, opened its offices in late April at less than 5% daily capacity for \"employees who choose to return to the office for business critical needs,\" a spokesperson said.</p>\n<p>Then there are outliers like VMware Inc. <a href=\"https://laohu8.com/S/VMW\">$(VMW)$</a>, where few employees currently work onsite. The company is offering employees the choice to permanently work from home as part of a digital-first approach. VMware prohibits meetings and events of more than 10 people at the office -- a policy that will remain in effect until at least July 30. Few employees are currently working at the office, according to the company.</p>\n<p>Boatsetter Inc., an online platform for boat rentals in Florida, went to the extreme and shed 6,000 feet of office space.</p>\n<p>Whether employees are entirely open to the idea of returning full-time in the foreseeable future is another matter.</p>\n<p>About <a href=\"https://laohu8.com/S/AONE.U\">one</a> in three (34%) working from home said they would look for a new job if forced to be in the office full time, and nearly half (49%) prefer a hybrid arrangement, according to a Robert Half poll of 1,000 U.S. workers in March .</p>\n<p>\"After a year of drastic change, many business leaders are eager to restore a sense of normalcy and welcome staff back to the office,\" said Paul McDonald, senior executive director at Robert Half. \"But reopening doors will bring new obstacles for companies to navigate. Not all employees will be ready -- or willing -- to return to the workplace, so staying flexible and responsive to their needs will be critical.\"</p>\n<p>Nearly nine in 10 employees (89%) say they want to be allowed to work remotely some or all of the time, according to a survey of almost 209,000 people in 190 countries by Boston Consulting Group and The Network.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How tech companies are bringing workers back to the office: Slowly and with 'social' incentives</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow tech companies are bringing workers back to the office: Slowly and with 'social' incentives\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-13 04:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>'The claims that \"the office is dead\" are over-hyped,' Twilio executive says. 'The truth is that the reasons people come into the physical office are changing.'</p>\n<p>As they return to work, employees of website platform Contentful Inc. are getting an eyeful of their new offices in Berlin and Denver and a realigned headquarters in San Francisco, which include hallmarks of the post-pandemic workplace -- a theater in Berlin and group rooms in San Francisco that are devoted to interactive meetings, with kitchen space doubled.</p>\n<p>\"We think the office is a social place first,\" Contentful Chief Executive Steve Sloan told MarketWatch. \"The office is where the great ideas are hatched -- especially in an idea-centric economy.\"</p>\n<p>Millions of tech workers are slowly making the migration back to offices as millions become fully vaccinated and states lift restrictions. At Contentful, all 550 employees, including Sloan, will continue to work from home most of the time, and occasionally venture into the office for socializing and collaboration.</p>\n<p>But many of those returning may not recognize the new digs, which are largely being designed to foster a nexus of ideas shared in theater-like settings and socially-distanced conference rooms, with specialized break-out areas for brainstorming and socializing. Workers will need to get used to the new office lingo of dynamic spaces and hoteling.</p>\n<p>\"It's about going into the tunnel, and coming out of the tunnel,\" VMware Chief Operating Officer Sanjay Poonen told MarketWatch, about a conservative return to the office. \"This is sort of like a traffic jam -- you slow down, and then gradually regain speed. We will get back to normalcy.\"</p>\n<p>Tech companies -- among the first to ask employees to work from home during the pandemic -- are leading the return to the office by the fall. Their reopening plans offer a glimpse into office life of the next few years, with a heavy emphasis on a hybrid work model and three-day work weeks onsite, as well as no vaccine requirements. California's COVID-19 state of emergency order will remain in place beyond June 15, despite plans to fully reopen the state's economy on that date, Gov. Gavin Newsom said Friday.</p>\n<p>\"Three days a week [in the office] is the new five,\" <a href=\"https://laohu8.com/S/TWLO\">Twilio Inc</a>. (TWLO) Chief People Officer Christy Lake told MarketWatch, noting that 77% of the company's employees said they miss the office. \"The claims that 'the office is dead' are over-hyped. The truth is that the reasons people come into the physical office are changing.\"</p>\n<p>Dynamic spaces will occupy a key part of Twilio's plans. The San Francisco-based company has revamped offices with specific areas for open collaboration, community and socializing, heads-down work, and flexible multipurpose spaces, said Lake, who added that some employees will trickle back to Twilio's Bay Area offices beginning July 14. Employees have the option of working from home throughout the year.</p>\n<p>Pre-pandemic, many in Silicon Valley were already on the path to a hybrid situation. Advances in videoconferencing technology and bandwidth had given them the luxury of working from home several days a week to avoid car-choked freeways. And employers were OK with the arrangement to scoop up talent from across the country. What COVID did was accelerate a work trend that was already clearly in motion, said Heather Kernahan, global CEO at PR agency Hotwire.</p>\n<p>\"It's not going 'back to work.' We've been working hard,\" Kernahan said. \"Thoughtful working is what you do, not where you go.\"</p>\n<p>An exodus back to the office is likely to occur by September, based on data collected by real-estate company Savills, which surveyed more than 120 tech companies in March. More than half said they expect to be back in the office by the third quarter of this calendar year.</p>\n<p>Silicon Valley's largest employers, sitting on millions of square feet of land they own, have been particularly aggressive in dictating when workers get back. How that pans out in an era when employees are increasingly outspoken about work conditions, including the option to work exclusively from home, bears watching, say labor experts.</p>\n<p>While employees at smaller companies have overwhelmingly shown a preference to return, those at Apple and other behemoths aren't so sure, given the large number of people congregating in <a href=\"https://laohu8.com/S/AONE\">one</a> place.</p>\n<p>Shortly after Apple Inc. <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> pronounced employees must work in the office at least three days a week (Monday, Tuesday and Thursday) beginning in early September -- including at Apple Park, the futuristic \"spaceship\"-like headquarters in Cupertino, Calif., that the company spent an estimated $5 billion to design and build -- some workers pushed back.</p>\n<p>\"We would like to take the opportunity to communicate a growing concern among our colleagues,\" Apple employees said in a letter to Apple CEO Tim Cook. \"That Apple's remote/location-flexible work policy, and the communication around it, have already forced some of our colleagues to quit. Without the inclusivity that flexibility brings, many of us feel we have to choose between either a combination of our families, our well-being, and being empowered to do our best work, or being a part of Apple.\"</p>\n<p>Google parent Alphabet Inc. <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) said it expects about 20% of its workforce to remain fully remote this fall , while 60% will work a hybrid office/home mix.</p>\n<p><a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB) employees have returned to a 10% maximum capacity at corporate headquarters in Menlo Park, Calif., and other select San Francisco Bay Area offices. Facebook is likely to fully reopen most U.S. offices by October, and non-remote employees will work in offices at least half the time. The company and <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc. (TWTR) have said employees will be allowed to permanently work from home if their jobs allow for it.</p>\n<p>MarketWatch talked to at least 20 companies, and a handful, including Twilio and Box, require employees to be vaccinated before returning to the office. Facebook and Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, for example, only encourage employees to vaccinate.</p>\n<p>Others, however, have taken a more measured approach.</p>\n<p><a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com Inc. <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a> reopened its first U.S. office, the Salesforce <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a> headquarters in San Francisco, in May. Offices in Palo Alto, Calif., and Irvine, Calif, will follow in the coming months. At the same time, the company extended the option for all employees to continue to work from home through the end of 2021.</p>\n<p><a href=\"https://laohu8.com/S/OKTA\">Okta Inc.</a> (OKTA) is shifting from large, campus-type locations serving regions to distributed offices based on where employees live. The new offices will function like Apple stores -- an \"experiential place\" where customers and partners can learn about products and chat with experts, and employees can collaborate as needed, an Okta spokeswoman told MarketWatch.</p>\n<p><a href=\"https://laohu8.com/S/BOX\">Box Inc</a>. <a href=\"https://laohu8.com/S/BOX.UK\">$(BOX.UK)$</a> is opening its San Francisco office in mid-July and its Redwood City, Calif., headquarters in early August at limited capacity, per local regulations. What its workers will encounter is a mix of assigned desks and hoteling, a form of office management in which workers schedule their use of desks, cubicles and offices. But travel remains prohibited until at least later this summer, and quarterly all-hands meetings will remain virtual through Feb. 1, 2022.</p>\n<p>Hewlett Packard Enterprise Co. <a href=\"https://laohu8.com/S/HPE\">$(HPE)$</a> has divided its workforce into two classes: \"Edge\" workers will come to the office with their laptops once or twice a week for meetings, collaboration and culture. \"Office\" workers will maintain dedicated work stations and come to the office most days.</p>\n<p>German software giant SAP (SAP.XE), which has a Palo Alto, Calif., campus, opened its offices in late April at less than 5% daily capacity for \"employees who choose to return to the office for business critical needs,\" a spokesperson said.</p>\n<p>Then there are outliers like VMware Inc. <a href=\"https://laohu8.com/S/VMW\">$(VMW)$</a>, where few employees currently work onsite. The company is offering employees the choice to permanently work from home as part of a digital-first approach. VMware prohibits meetings and events of more than 10 people at the office -- a policy that will remain in effect until at least July 30. Few employees are currently working at the office, according to the company.</p>\n<p>Boatsetter Inc., an online platform for boat rentals in Florida, went to the extreme and shed 6,000 feet of office space.</p>\n<p>Whether employees are entirely open to the idea of returning full-time in the foreseeable future is another matter.</p>\n<p>About <a href=\"https://laohu8.com/S/AONE.U\">one</a> in three (34%) working from home said they would look for a new job if forced to be in the office full time, and nearly half (49%) prefer a hybrid arrangement, according to a Robert Half poll of 1,000 U.S. workers in March .</p>\n<p>\"After a year of drastic change, many business leaders are eager to restore a sense of normalcy and welcome staff back to the office,\" said Paul McDonald, senior executive director at Robert Half. \"But reopening doors will bring new obstacles for companies to navigate. Not all employees will be ready -- or willing -- to return to the workplace, so staying flexible and responsive to their needs will be critical.\"</p>\n<p>Nearly nine in 10 employees (89%) say they want to be allowed to work remotely some or all of the time, according to a survey of almost 209,000 people in 190 countries by Boston Consulting Group and The Network.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","TWLO":"Twilio Inc","09086":"华夏纳指-U","03086":"华夏纳指","AAPL":"苹果","CRCT":"Cricut, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143788707","content_text":"'The claims that \"the office is dead\" are over-hyped,' Twilio executive says. 'The truth is that the reasons people come into the physical office are changing.'\nAs they return to work, employees of website platform Contentful Inc. are getting an eyeful of their new offices in Berlin and Denver and a realigned headquarters in San Francisco, which include hallmarks of the post-pandemic workplace -- a theater in Berlin and group rooms in San Francisco that are devoted to interactive meetings, with kitchen space doubled.\n\"We think the office is a social place first,\" Contentful Chief Executive Steve Sloan told MarketWatch. \"The office is where the great ideas are hatched -- especially in an idea-centric economy.\"\nMillions of tech workers are slowly making the migration back to offices as millions become fully vaccinated and states lift restrictions. At Contentful, all 550 employees, including Sloan, will continue to work from home most of the time, and occasionally venture into the office for socializing and collaboration.\nBut many of those returning may not recognize the new digs, which are largely being designed to foster a nexus of ideas shared in theater-like settings and socially-distanced conference rooms, with specialized break-out areas for brainstorming and socializing. Workers will need to get used to the new office lingo of dynamic spaces and hoteling.\n\"It's about going into the tunnel, and coming out of the tunnel,\" VMware Chief Operating Officer Sanjay Poonen told MarketWatch, about a conservative return to the office. \"This is sort of like a traffic jam -- you slow down, and then gradually regain speed. We will get back to normalcy.\"\nTech companies -- among the first to ask employees to work from home during the pandemic -- are leading the return to the office by the fall. Their reopening plans offer a glimpse into office life of the next few years, with a heavy emphasis on a hybrid work model and three-day work weeks onsite, as well as no vaccine requirements. California's COVID-19 state of emergency order will remain in place beyond June 15, despite plans to fully reopen the state's economy on that date, Gov. Gavin Newsom said Friday.\n\"Three days a week [in the office] is the new five,\" Twilio Inc. (TWLO) Chief People Officer Christy Lake told MarketWatch, noting that 77% of the company's employees said they miss the office. \"The claims that 'the office is dead' are over-hyped. The truth is that the reasons people come into the physical office are changing.\"\nDynamic spaces will occupy a key part of Twilio's plans. The San Francisco-based company has revamped offices with specific areas for open collaboration, community and socializing, heads-down work, and flexible multipurpose spaces, said Lake, who added that some employees will trickle back to Twilio's Bay Area offices beginning July 14. Employees have the option of working from home throughout the year.\nPre-pandemic, many in Silicon Valley were already on the path to a hybrid situation. Advances in videoconferencing technology and bandwidth had given them the luxury of working from home several days a week to avoid car-choked freeways. And employers were OK with the arrangement to scoop up talent from across the country. What COVID did was accelerate a work trend that was already clearly in motion, said Heather Kernahan, global CEO at PR agency Hotwire.\n\"It's not going 'back to work.' We've been working hard,\" Kernahan said. \"Thoughtful working is what you do, not where you go.\"\nAn exodus back to the office is likely to occur by September, based on data collected by real-estate company Savills, which surveyed more than 120 tech companies in March. More than half said they expect to be back in the office by the third quarter of this calendar year.\nSilicon Valley's largest employers, sitting on millions of square feet of land they own, have been particularly aggressive in dictating when workers get back. How that pans out in an era when employees are increasingly outspoken about work conditions, including the option to work exclusively from home, bears watching, say labor experts.\nWhile employees at smaller companies have overwhelmingly shown a preference to return, those at Apple and other behemoths aren't so sure, given the large number of people congregating in one place.\nShortly after Apple Inc. $(AAPL)$ pronounced employees must work in the office at least three days a week (Monday, Tuesday and Thursday) beginning in early September -- including at Apple Park, the futuristic \"spaceship\"-like headquarters in Cupertino, Calif., that the company spent an estimated $5 billion to design and build -- some workers pushed back.\n\"We would like to take the opportunity to communicate a growing concern among our colleagues,\" Apple employees said in a letter to Apple CEO Tim Cook. \"That Apple's remote/location-flexible work policy, and the communication around it, have already forced some of our colleagues to quit. Without the inclusivity that flexibility brings, many of us feel we have to choose between either a combination of our families, our well-being, and being empowered to do our best work, or being a part of Apple.\"\nGoogle parent Alphabet Inc. $(GOOGL)$(GOOGL) said it expects about 20% of its workforce to remain fully remote this fall , while 60% will work a hybrid office/home mix.\nFacebook Inc. (FB) employees have returned to a 10% maximum capacity at corporate headquarters in Menlo Park, Calif., and other select San Francisco Bay Area offices. Facebook is likely to fully reopen most U.S. offices by October, and non-remote employees will work in offices at least half the time. The company and Twitter Inc. (TWTR) have said employees will be allowed to permanently work from home if their jobs allow for it.\nMarketWatch talked to at least 20 companies, and a handful, including Twilio and Box, require employees to be vaccinated before returning to the office. Facebook and Amazon.com Inc. $(AMZN)$, for example, only encourage employees to vaccinate.\nOthers, however, have taken a more measured approach.\nSalesforce.com Inc. $(CRM.AU)$ reopened its first U.S. office, the Salesforce Tower headquarters in San Francisco, in May. Offices in Palo Alto, Calif., and Irvine, Calif, will follow in the coming months. At the same time, the company extended the option for all employees to continue to work from home through the end of 2021.\nOkta Inc. (OKTA) is shifting from large, campus-type locations serving regions to distributed offices based on where employees live. The new offices will function like Apple stores -- an \"experiential place\" where customers and partners can learn about products and chat with experts, and employees can collaborate as needed, an Okta spokeswoman told MarketWatch.\nBox Inc. $(BOX.UK)$ is opening its San Francisco office in mid-July and its Redwood City, Calif., headquarters in early August at limited capacity, per local regulations. What its workers will encounter is a mix of assigned desks and hoteling, a form of office management in which workers schedule their use of desks, cubicles and offices. But travel remains prohibited until at least later this summer, and quarterly all-hands meetings will remain virtual through Feb. 1, 2022.\nHewlett Packard Enterprise Co. $(HPE)$ has divided its workforce into two classes: \"Edge\" workers will come to the office with their laptops once or twice a week for meetings, collaboration and culture. \"Office\" workers will maintain dedicated work stations and come to the office most days.\nGerman software giant SAP (SAP.XE), which has a Palo Alto, Calif., campus, opened its offices in late April at less than 5% daily capacity for \"employees who choose to return to the office for business critical needs,\" a spokesperson said.\nThen there are outliers like VMware Inc. $(VMW)$, where few employees currently work onsite. The company is offering employees the choice to permanently work from home as part of a digital-first approach. VMware prohibits meetings and events of more than 10 people at the office -- a policy that will remain in effect until at least July 30. Few employees are currently working at the office, according to the company.\nBoatsetter Inc., an online platform for boat rentals in Florida, went to the extreme and shed 6,000 feet of office space.\nWhether employees are entirely open to the idea of returning full-time in the foreseeable future is another matter.\nAbout one in three (34%) working from home said they would look for a new job if forced to be in the office full time, and nearly half (49%) prefer a hybrid arrangement, according to a Robert Half poll of 1,000 U.S. workers in March .\n\"After a year of drastic change, many business leaders are eager to restore a sense of normalcy and welcome staff back to the office,\" said Paul McDonald, senior executive director at Robert Half. \"But reopening doors will bring new obstacles for companies to navigate. Not all employees will be ready -- or willing -- to return to the workplace, so staying flexible and responsive to their needs will be critical.\"\nNearly nine in 10 employees (89%) say they want to be allowed to work remotely some or all of the time, according to a survey of almost 209,000 people in 190 countries by Boston Consulting Group and The Network.","news_type":1},"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
