"CEO Credits 4-Day Workweek for Layoff Prevention"
Originally Published 2 years ago — by CNBC
Aman Mann, CEO of Procurify, implemented a 4-day workweek in 2020 to avoid layoffs and reduce overhead costs during the pandemic. The move was well-received by employees and led to improved productivity, morale, and work-life balance. Despite challenges in prioritization, the company permanently adopted the shortened schedule and restored everyone's salaries to 100%. Mann believes the 4-day workweek could become the new standard in the business world as companies focus more on achieving objectives efficiently rather than set hours.