The coronavirus pandemic has accelerated trends that were building for years by forcing large swaths of the population to work from home and shop online. And many obscure companies are taking off
What will happen to physical meetings in the post-pandemic world? What are the changes that will stay even after the virus is gone or is at least brought under control? Read on
Document collaboration firm Coda on August 11 raised $80 million in a funding round led by Kleiner Perkins, a Silicon Valley marquee venture capital fund.
According to women techies Moneycontrol spoke to, this could very well be the breaking point and instead of increasing women's participation, WFH might do the opposite.
Is there a change in sentiment that might reverse the WFH model and draw employees back to their office in India? Will companies adopt WFH as a new normal to save costs? The jury is still out, says a report from Kotak Institutional Equities Research
Kumar’s logic was that 'work from anywhere' would reduce commute time, and, hence, ensure better services and better work-life balance.
Companies might save on operating cost but spending significantly on WFH infrastructure and real estate as the model continues to evolve.
Infosys' decision is in sharp contrast to TCS’ work from home decision.
Analysts and human resource professionals pointed out that in the next five years, close to 25-30 percent of the IT workforce could potentially work from smaller towns and cities.
The COVID-19 era presents a radically transformed real estate market, with preferences changing to accommodate new market realities. With work-from-home a viable option even after the lockdown, many future homebuyers will shift to the peripheral areas for bigger homes and a better lifestyle - at more affordable prices.
Mental health, productivity and company culture are a few challenges that firms have to deal with.
In the long run, lack of work-life balance, mental health issues and poor infrastructure will see techies returning to office.
When a crisis comes, all people rise up to meet the challenge and this is the phase when we can clearly see the stars in the team emerge, says Prashant Tandon, co-founder and CEO of online pharmacy 1mg.
Starting from changing its working model to re-purposing service lines, IT sector is undergoing a transition, all in the matter of few weeks.
Zoho to have more domestic focus and increase remote working locations in rural Tamil Nadu in the coming months
Earlier, DoT has relaxed the norms till April 30, 2020.
There is no room for water cooler talks, now that one has to maintain one-metre distance. There is no scope for group lunch breaks either.
Bengaluru, Hyderabad, Pune, Noida and Chennai account for majority of the 50 lakh IT employees.
Both, Wipro and TCS — the two IT majors which have announced their Q4 result — have more than 90 percent of their employees working from home.