Starting from the end of February, employees have been asked by the parent of social media app Snapchat to be in office four days a week
Snap Inc will require their employees to work from its offices 80% of the time, starting from the end of February.
"After working remotely for so long, we're excited to get everyone back together next year with our new 80/20 hybrid model," a spokesperson for the social media platform said in an emailed statement.
Bloomberg News first reported the development and said the owner of photo messaging app Snapchat had asked employees to be in office four days a week from February.
Santa Monica, California-based Snap said in August it would lay off 20% of all staff and shut down projects to cut costs amid a deteriorating economy.
The tech industry was among the first to allow employees to work from home when COVID-19 hit the United States in 2020. But the extent to which tech companies are embracing permanent remote work is now diverging.
Last month, ride-hailing service Uber (UBER.N) asked its employees to work from office twice a week. Earlier this month, Elon Musk told Twitter employees that remote work would no longer be allowed and that they would be expected to be in office for at least 40 hours per week.
Berkshire Hathaway said on Friday that Warren Buffett will step down as chairman and become chairman emeritus, effective immediately, nine months after handing the CEO reins to longtime lieutenant Greg Abel.
As many as 75,000 people have visited the UAE under the 'Dubai Invite' campaign, which targeted non-residents with rewards of up to AED 3,000 in hotel stays, dining deals, and more.
Huawei Technologies will launch two new artificial-intelligence semiconductors in 2027, rotating chairman David Wang said on Thursday, as the Chinese tech giant builds up its AI computing business and seeks to challenge USchipmaker Nvidia.
The Arab Monetary Fund will mark its Golden Jubilee in Abu Dhabi on September 28, alongside the 17th Ordinary Session of the Council of Arab Finance Ministers.
Aster DM Healthcare will invest in International Modern Hospital (IMH), under the healthcare provider's 5-year UAE expansion plans valued at more than AED1 billion.