Remote Work news and trends

Former Google CEO Eric Schmidt: Successful Startups Work in Offices
Connected Economy // August 14, 2024

Former Google CEO and Executive Chairman Eric Schmidt is reportedly not a fan of remote work. Speaking to students at Stanford University, Schmidt said that Google’s offering of remote work has caused it to fall behind in the artificial intelligence (AI) competition, The Wall Street...

Wells Fargo Employees Let Go for Using ‘Mouse Jigglers’ at Work
Personnel // June 13, 2024

Wells Fargo has reportedly fired more than a dozen workers accused of faking work. These employees, all part of the banking giant’s wealth/investment management arm, were “discharged after review of allegations involving simulation of keyboard activity creating impression of active work,” Bloomberg News reported Thursday...

AI Moneymakers: Zoom, Nvidia and Vertiv Cash in On AI-Driven Digital Transformation
artificial intelligence // May 23, 2024

In the rapidly evolving landscape of artificial intelligence (AI) and digital transformation, two unlikely companies — Zoom and Vertiv — have emerged as trailblazers, defying expectations and showcasing the far-reaching impact of cutting-edge technologies across diverse sectors. Nvidia’s Earnings Soar as AI Boom Continues Nvidia’s earnings report on Wednesday (May 22)...

Walmart Reportedly Slashing Jobs and Ending Remote Work
Walmart // May 14, 2024

Walmart is reportedly eliminating hundreds of corporate jobs and ending most remote work. That’s according to a report late Monday (May 13) by the Wall Street Journal (WSJ), citing sources familiar with the matter. One of the sources says that the retail giant — and...

Interviews & Exclusives
Cisco’s AI Chief Says Technology Will Enhance Workplace Productivity

April 15, 2024
From enhancing productivity and efficiency to revolutionizing customer experiences, artificial intelligence (AI) could reshape the future of work and commerce. PYMNTS interviewed Javed Khan, senior vice president and general manager of Cisco Collaboration, to gain a deeper insight into this technology. Khan oversees the Webex product portfolio, including collaboration devices, the Webex Suite, and more. He shared his […]

Freelancers Embrace Subscriptions for Personalized Work Tech, Says Groove CEO

February 02, 2024
As freelancing, remote employment and other new models of work emerge, coworking app Groove is seeing demand rise for subscription services that can aid consumers in structuring their workday, building...

AI-Powered Smartphones Change How Consumers Live in a Digital World

October 16, 2023
From smartphones and smartwatches to smart TVs and cars with connected capabilities, consumers’ device portfolio has undergone significant changes over the years, primarily driven by the advancements in technology and...

The Great Remote Workforce Divide Gets Wider

July 11, 2023
This next installment of PYMNTS’ mini-series on consumer behaviors popularized during the pandemic demonstrates that workers may be in no rush to return to the office. The rate of employees...

Quick Reads
Amazon Plans to Have Fewer Managers, More Days in Office

September 16, 2024
Amazon plans to reduce the number of managers in each of its organizations and to require employees to work primarily in an office. The company is making these changes as part of its efforts to “operate like the world’s largest startup,” Amazon CEO Andy Jassy wrote in a message shared with the company’s employees and […]

Former Google CEO Eric Schmidt: Successful Startups Work in Offices

August 14, 2024
Former Google CEO and Executive Chairman Eric Schmidt is reportedly not a fan of remote work. Speaking to students at Stanford University, Schmidt said that Google’s offering of remote work...

Wells Fargo Employees Let Go for Using ‘Mouse Jigglers’ at Work

June 13, 2024
Wells Fargo has reportedly fired more than a dozen workers accused of faking work. These employees, all part of the banking giant’s wealth/investment management arm, were “discharged after review of...

Walmart Reportedly Slashing Jobs and Ending Remote Work

May 14, 2024
Walmart is reportedly eliminating hundreds of corporate jobs and ending most remote work. That’s according to a report late Monday (May 13) by the Wall Street Journal (WSJ), citing sources...