Google’s Internal Data Suggests Employees Feel Less Productive At Home

The Information reports:
Google’s engineering directors are grappling with a worrisome trend: internal data that indicate productivity during the coronavirus shutdowns deteriorated among engineers, particularly newly hired ones. One internal survey viewed by The Information found that in the three months ended in June, only 31% of the company’s engineers polled felt they had been highly productive, down 8 percentage points from…

Make Remote Work Permanent? No Way, Say Bay Area Leaders

Last month a regional government agency in the San Francisco Bay Area voted “to move forward” with a proposal to eventually require people at large, office-based companies to work from home three days a week “as a way to slash greenhouse gas emissions from car commutes,” according to NBC News. But today local newspapers report “Bay Area leaders are already saying,…

San Francisco Apartment Rents Crater Up To 31%, Most in US

San Francisco’s sky-high apartment rents are falling fast. From a report: The median monthly rate for a studio in the city tumbled 31% in September from a year earlier to $2,285, compared with a 0.5% decline nationally, according to data released Tuesday by Realtor.com. One-bedroom rents in San Francisco fell 24% and two-bedrooms were down 21%, to $2,873 and $3,931 a…

Q3 2020 Coursera for Business Quarterly Product Release

By Shwetabh Mittal, Senior Director, Product Management The great lockdown caused by COVID-19 has accelerated the need for digital skills. Companies are reallocating their digital talent to stay competitive and dedicating more time and resources to helping their employees learn about digital technologies. The pandemic has had an even bigger impact on higher education: around 1.6 […]
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Dropbox is the Latest San Francisco Tech Company To Make Remote Work Permanent

San Francisco-based Dropbox announced this week that it will stop asking employees to come into its offices and instead make remote work the standard practice, even after the coronavirus pandemic ends. From a report: “Remote work (outside an office) will be the primary experience for all employees and the day-to-day default for individual work,” the company said in a blog post….

Microsoft is Letting Some Employees Work From Home Permanently

Microsoft is allowing some of its employees to work from home permanently. From a report: While the vast majority of Microsoft employees are still working from home during the ongoing pandemic, the software maker has unveiled “hybrid workplace” guidance internally to allow for far greater flexibility once US offices eventually reopen. The Verge has received Microsoft’s internal guidance, and it outlines…

Google Will Try ‘Hybrid’ Work-from-Home Models, as Most Employees Don’t Want To Come in Every Day

Google is rethinking its long-term work options for employees, as most of them say they don’t want to come back to the office full-time. From a report: Sixty-two percent of Google employees want to return to their offices at some point, but not every day, according to a recent survey of employee office preferences the company released this week. So Google…

Apple CEO Impressed By Remote Work, Sees Permanent Changes

An anonymous reader quotes a report from Bloomberg: Apple Inc. Chief Executive Officer Tim Cook said he’s been impressed by employees’ ability to operate remotely and predicted that some new work habits will remain after the pandemic. During an interview at The Atlantic Festival on Monday, Cook said Apple created products including new Apple Watches and iPads that are launching on…

At JPMorgan, Productivity Falls For Younger Employees At Home

An anonymous reader quotes a report from Bloomberg: A troubling pattern emerged as most of JPMorgan Chase & Co.’s employees worked from home to stem the spread of Covid-19: productivity slipped. Work output by younger employees was particularly affected on Mondays and Fridays, according to findings discussed by Chief Executive Office Jamie Dimon in a private meeting with Keefe, Bruyette &…

Pandemic May Permanently Replace Some Human Jobs With Machines

The coronavirus pandemic has the potential to permanently replace some humans with machines, according to a new study on Monday from the Federal Reserve Bank of Philadelphia. From a report: Layoffs have been higher among workers in industries that can be automated, which increases the risk those jobs will become permanently obsolete, according to the study by economists Lei Ding and…