00:00 It's Benzinga and here's what's on the block.
00:02 - Zoom, the company known for its video chat platform
00:05 that enabled remote work during the pandemic,
00:07 has informed its employees within 50 miles
00:09 of the company office that they must return
00:11 to the office two days per week.
00:14 The decision comes as Zoom adopts
00:15 a structured hybrid work approach
00:17 where employees living near an office
00:19 are required to be onsite to collaborate with their teams.
00:22 Despite being a crucial tool for remote work,
00:24 Zoom believes this hybrid approach
00:26 is the most effective way to operate.
00:28 - The transition to the new work model
00:30 is set to take place over August and September.
00:32 - For all things money, visit Benzinga.com.
