RTO mandates have impacted more than half a million office workers in May
May 17, 2023
- As large corporations have continued to roll out return-to-office mandates over the past six months, nearly 600,000 employees are subject to stricter office attendance mandates that have gone into effect in the first two weeks of May.
- RTO has maintained steady momentum through Q2: Lyft, WWE, Dell, Farmers Insurance, and others have issued recent announcements establishing hybrid attendance policies for employees that had previously been remote-first.
- While not all companies are concretely changing office attendance policies, pressures to return are still mounting across industries: during the company’s second round of layoffs, Meta CEO Mark Zuckerberg remarked that employees were encouraged to interact more in person; the CEO of News Corp, the parent company of Fox News, also made comments encouraging greater attendance without issuing a mandate; and federal government agencies will imminently be required to arrange new office attendance strategies that limit telework arrangements.
- As remote work continues to come under increased pressure, some companies that have been aggressively trimming office portfolios may face pressures from crowding.