Zoom to prepare itself for a hybrid work future

Zoom saw an impressive first quarter, cashing in nearly $1 billion in revenue, but with the pandemic slowing down in some countries across the world, the star of the Covid-era economy is preparing for a future of work that includes at least some more face-to-face interactions.

After moving past incumbents to become another name for videoconferencing, the company is now thinking of how the future of work will function between being fully remote and fully in-person.

“Many customers I talk to are looking to create hybrid solutions as they seek to cautiously reopen some offices. Each industry, company, and individual varies in their optimal working model,” Zoom founder and CEO Eric Yuan said during an earnings call on Tuesday, reported Quartz.

Yuan stressed the fact that hybrid work is the future, but added that there are various different models for how companies might deal with remote and in-person work.

When asked to define hybrid work, Yuan said, “The definition of hybrid work is about flexibility—to give employees flexibility.”

Pratiksha

Pratiksha is a student of English Journalism at the Indian Institute of Mass Communication. A media enthusiast and a passionate story teller, she aims to tell as many stories as she can through her journalism. Pratiksha is currently working as a current affairs journalist at USAnewshour.com and can be reached at pratiiksha1119@gmail.com