Musk wants to implement a “24/7” work culture.
elon-musk image source: theguardian.com
If remote work is the key, why are most tech companies laying off people?
Nearly all tech companies are reviewing the size of their workforces in a slowing economy, with most imposing hiring freezes and laying off 1000s of their employees.
Elon Musk took over Twitter, laid off half of its workforce, and asked the other half to show up at the office, “Musk reversed the company’s existing work-from-anywhere policy and asked Twitter employees to report to offices — though some exceptions could be made.”
Many remote workers who prefer to work from home consider this move cruel. However, they have also shown personal achievements to show how they are more productive by staying away from the office and doing the same work from home. Even though most tech executives who granted their employees to work remotely are laying off most of them.
Show up to work or stay home.
Elon Musk doesn’t have any issue if you want to continue working from home, but he wants employees to work at least 40 hours at the office, and you can work another 40 hours at their house if they wish to.
We can only claim he knows what is most suitable for one of the biggest social media platforms, Twitter. He also implemented the same approach at his two big giant companies, Tesla and SpaceX. Musk also demanded employees at these firms, “You are required to spend a minimum of 40 hours in the office per week” Those who did not do so would be fired. This approach helped him keep his companies profitable while his competitors lost money.
Elon Musk works 80-plus hours per week.
He puts many working hours in his account, is well-known for performing over 120 hours per week, and shares his opinion that founders must put in 80+ hours weekly. He upholds his intense passion and commitment to his work by saying, “If it wasn’t for me working 120 hours per week while everyone” at Tesla worked 100 hours per week at times this year as Tesla would have failed.”
So we don’t need to criticize Musk’s opinion over remote work. Instead, take some time to review his successful business track record and see how competitors are faring against him. For example, SalesForce Chief Operating Officer Marc Benioff stated he has a specific plan to cut any jobs based on poor performance. If I have to guess, most of these people are remotely working.
After reviewing their profit and loss statements, many Top Executives are coming to the same side as Elon Musk. For example, Netflix CEO Reed Hastings doesn’t “see any positives” to working from home. Hastings mentioned in Wall Street Journal, “Not being able to get together in person, particularly internationally, is a pure negative.”
We can’t build a sustainable company while working from home, Parag Agarwal, the old Twitter CEO, granted his employees to work from home, and Twitter lost $4mn per day. So let’s stop the discussion on productivity. It is purely harmful to the company.
Apple, one of the tech giants, only allows employees to work two days at home
Tim Cook can’t imagine running a company if people don’t report to the office. “I hope everyone is feeling as energized as I am and that you are looking forward to seeing your colleagues in person again in the weeks ahead. I can’t tell you how much I am looking forward to being together again.”
He mentioned that he wants people in the office on 3 days of the week, Monday, Tuesday, and Thursday. People can work “flexibility” on Wednesday and Friday. Of course, some employees are unhappy, but he doesn’t care, and the company is doing great.
Remotely working is terrible for invention
JP Morgan Chase CEO and an American billionaire businessman, James Dimon, doesn’t see any value in remote work either.
He told a group of business owners that working from home can’t work profitably for some, specifically those who want to make a difference in the market. ” “It doesn’t work for those who want to hustle. It doesn’t work for spontaneous idea generation. It doesn’t work for culture.”
Some people will say that technology allows us to communicate with each other efficiently. I tell you this, “Stop confusing digital connections with real relationships. Nothing can replace a real conversation with someone you care about, and if you don’t care about the people you work with, it is time for you to find another job.”
Was I harsh? I don’t think so, but some people prefer to read something other than the truth.