'People who don't come to office, don't work': Paypal founder Peter Thiel on tech layoffs and WFH culture

  • Posted on December 18, 2024
  • By Business News Today
  • 2 Views
'People who don't come to office, don't work': Paypal founder Peter Thiel on tech layoffs and WFH culture

Peter Thiel, PayPal co-founder, attributed Silicon Valley's end of work-from-home to perceived worker inactivity. He linked the 2022-2023 tech layoffs to companies recognizing remote worker dispensability. Major tech companies like Amazon, Meta, and Google are now mandating or encouraging office returns, potentially signaling a broader remote work decline.
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