Robinhood To Let Most Employees Work From Home Permanently

Topline

The online brokerage Robinhood will allow most of its employees to work remotely on a permanent basis, the company said in a blog post Wednesday, making it the latest tech business to shift away from an office-centric approach.

Key Facts

The Menlo Park, California-based company said “a large segment” of employees will have no location-based or regular in-office requirements, but teams will still meet in person for occasional “key experiences.”

Some teams will have to live within commuting distance of an office for “regulatory and business reasons” while a small cohort will still be required to come into the office.

The plans were initially shared with Robinhood employees in December, according to the blog post.

Tangent

Robinhood was founded in 2013 and made headlines a year ago when it temporarily halted trading of volatile “meme stocks” including GameStop and AMC, to the ire

Keep reading this article on Forbes Business.

Leave a Reply