Martin Sorrell, chairman of London-based media company S4 Capital PLC, at a conference in November. Mr. Sorrell says the coronavirus pandemic made him reconsider the ubiquity of leased office space and his company’s WeWork footprint.
PHOTO: DAVID PAUL MORRIS/BLOOMBERG NEWS
Companies across the economy are considering a permanent shift to remote work in the aftermath of the coronavirus outbreak, following the lead of tech-sector giants.
“This will be an electric shock to the system,” said Paul Daugherty, chief technology officer for consulting firm Accenture PLC. “Companies are on the hook to rethink the work experience, and the work tools, for their cocooning employees.”
Facebook Inc. Chief Executive Mark Zuckerberg on Thursday announced plans to reconfigure operations over the next decade to enable up to half of its 45,000 employees to work from home.
The move follows an announcement last week by Twitter Inc. to allow employees to work from home indefinitely. E-commerce company Shopify Inc. on Thursday also said it plans to let most employees work remotely in the future.
Remarking on Facebook’s plans, Aaron Levie, CEO and co-founder of cloud company BoxInc., said in a tweet: “Just as Intel, HP, and others originally defined how we operated for decades in tech, we’ll see a redefinition for the 21st century by new digital companies.”
From the open office to agile development, trends in the tech sector have a way of percolating into the broader corporate world. Some companies outside tech are following suit in the move to permanent remote work.
Before the coronavirus hit, marketing and advertising mogul Martin Sorrell thought that the leased office spaces and WeWork footprint at his London-based media company S4 Capital PLC were necessary.
But he reassessed that about a month into the wide-ranging lockdowns that have thrust everyday business online. ”We are breaking our leases and thinking about having people spend more time at home,” he said.
More than 80% of enterprise-technology providers said corporate customers last month were shopping for communications, collaboration and other remote-work tools, up from 76% in March, according to a survey of more than 200 U.S. tech firms by IT industry trade group CompTIA.
LinkedIn Corp. executives are also seeing emerging trends that show remote work might become more widely accepted, said Karin Kimbrough, chief economist at the Microsoft Corp. subsidiary.
In the past month, LinkedIn recorded a 28% increase in remote job postings and a 42% increase in searches using the terms “remote” or “work from home,” Ms. Kimbrough said at a recent web conference.