Snap Demands Employees Work In Office 80% of the Time Starting Early Next Year

Snapchat's parent company is asking workers to return to the office 80% of the time, or the equivalent of four days a week, beginning early next year, in the latest sign of tech employees receiving less flexibility nearly three years after the pandemic took hold and amid a wave of industry cost cutting. CNN reports: "After working remotely for so long we're excited to get everyone back together next year with our new 80/20 hybrid model," a spokesperson for Snap (SNAP) confirmed to CNN in a statement Tuesday. "We believe that being together in person, while retaining flexibility for our team members, will enhance our ability to deliver on our strategic priorities of growing our community, driving revenue growth, and leading in [augmented reality]." The new policy will take effect at the end of February.

News of Snap's stricter in-office policy was first reported by Bloomberg, which cited an internal memo from CEO Evan Spiegel telling employees they may have to "sacrifice" some amount of "individual convenience" but it will benefit "our collective success."

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