Boo Hoo at Yahoo!
I literally almost fell off of the treadmill when I saw the news this morning—Marissa Meyer, CEO of Yahoo! announces that the company will be ending its work from home policy in June of this year.
HR managers around the globe gasped. Did you hear them?
The new turn taken by Yahoo! is widely viewed as a productivity killer that will hinder the company’s ability to attract new talent. The policy will also likely jeopardize the employment of anyone working a considerable distance from their nearest office. And the media buzz surrounding the announcement will only fuel employees’ fears and frustration unless the company gets out in front of the buzz to address how it plans to support employees in this 180 degree change in direction.
It’s especially surprising that a web company would shun the very product it’s peddling as a means of improving its own workforce.
I’m still reeling from this excerpt from the memo that was sent to Yahoo! employees this morning: “the rest of us who occasionally have to stay home for the cable guy, please use your best judgment in the spirit of collaboration.” Wow. Not only do you need to come get chained to your desk, but try not inconvenience us with your personal errands either.
This change seems like an edict from a by-gone era. Any competitive company in today’s modern market knows that flexible work options are at the top of the list when it comes to attracting top talent.
We want to know – what are your thoughts on working from home? What are the pros and cons? Should it be an “all or nothing” policy?
Tell us in the comments below.