Tag

Return To Office

All articles tagged with #return to office

business1 month ago•31 min saved

Ubisoft Fires Veteran Employee After Public Critique of Return-to-Office and Strategy

Ubisoft has terminated veteran employee David Michaud-Cromp after initially suspending him for public comments criticizing the company’s return-to-office policy and other strategic decisions. Screenshots of his remarks in Ubisoft’s internal Agora channel reportedly clarified the reasons behind the suspension and termination, including criticism of RTO, studio closures, and leadership by co-CEO Charlie Guillemot. Ubisoft confirmed he can no longer work at the company, ending a 13+ year tenure.

via Insider Gaming|

#agora #business #david-michaud-cromp

news1 month ago•14 min saved

Ubisoft Ousts Assassin’s Creed Studio Lead After Public Return-to-Office Critique

Ubisoft Montreal level-design lead David Michaud-Cromp was fired days after publicly opposing the company's plan to require all employees to return to local offices five days a week, following a three-day unpaid suspension. The firing comes amid a Tencent-backed corporate shake-up that canceled projects like Prince of Persia: The Sands of Time remake and expanded layoffs. Ubisoft says feedback given within its Code of Conduct is acceptable and that dismissal was not described as a consequence of those public comments.

via Kotaku|

#assassins-creed #layoffs #news

business1 month ago•2 min saved

Home Depot trims 800 corporate roles, enforces five-day office return

Home Depot cut about 800 corporate jobs at its Atlanta-area store-support center, many of whom were remote workers. Those remaining will return to five days a week in-office starting the week of April 6, with separation packages offered. The move aims to simplify corporate operations and boost agility as the company, facing softer demand, follows other 2026 layoffs by peers like Amazon.

via Business Insider|

#business #corporate-restructuring #home-depot

business1 month ago•2 min saved

Home Depot trims 800 roles as it imposes five-day in-office policy

Home Depot said it would lay off 800 workers (about 150 at HQ in Atlanta and the rest from remote roles, mainly in technology) and require corporate staff to work in the office five days a week starting the week of April 6 to boost speed, agility, and connection to customers and frontline workers. The cuts come as housing turnover slows and mortgage rates stay high, contributing to weaker sales. The company expects FY2025 sales to rise ~3% with slightly positive same-store sales and will report Q4 earnings on Feb. 24. Shares have declined about 10% over the past year.

via CNBC|

#business #home-depot #housing-market

news1 month ago•15 min saved

Ubisoft Employee Claims Suspension After Public Critique of Return-to-Office Policy

A Ubisoft Montreal team lead says he was placed on a three-day unpaid suspension after publicly criticizing Ubisoft’s five-day-on-site return-to-office mandate, with management citing an alleged breach of the duty of loyalty. The case unfolds amid Ubisoft’s broader restructuring, game cancellations, and potential layoffs, as staff unions threaten strikes in response to the RTO push and reduced flexible work options.

via Kotaku|

#duty-of-loyalty #news #return-to-office

business1 month ago•16 min saved

Ubisoft's Reset: Layoffs, Canceled Titles, and a Hard Return-to-Office Push

Ubisoft announced a broad organizational reset including selective studio closures, cancellations of six titles (notably a Prince of Persia project), delays to seven more, and a five‑day-a-week in-office mandate as part of a plan to save about €200 million. The company intends a “Creative House” structure focused on open-world, live-service experiences and has signaled ongoing restructurings to become more focused, efficient and sustainable amid industry shifts toward mobile gaming and capital-efficient development.

via Deadline|

#business #cost-savings #layoffs

business1 month ago•3 min saved

David Ellison Commends Paramount Staff for Successful Return to Office

Paramount CEO David Ellison praised employees for their commitment during the first week of returning to a five-day in-office work policy in Los Angeles and New York, emphasizing increased productivity and positive energy, as the company enforces a full-time office requirement by 2026 across its divisions.

via The Hollywood Reporter|

#business #david-ellison #employee-appreciation

business3 months ago•2 min saved

Paramount Employees Quit or Take Buyouts Over Return-to-Office Policy

Approximately 600 employees at Paramount Skydance opted for voluntary buyouts to avoid returning to a five-day in-office workweek, amid ongoing layoffs and restructuring following a merger and strategic cost-cutting measures, including divestitures and increased streaming prices.

via Variety|

#business #buyout-packages #cost-savings

business3 months ago•3 min saved

Paramount Skydance Employees Quit Over RTO Mandate, Costing $185 Million

Hundreds of Paramount Skydance employees quit rather than return to a five-day in-office workweek, costing the company $185 million in severance and contributing to a broader $1.7 billion restructuring expense as Paramount seeks to streamline operations and cut costs amid post-merger challenges.

via Fortune|

#business #costs #employee-quitting

business3 months ago•2 min saved

Paramount Skydance Loses 600 Employees Over Return-to-Office Policy

Paramount Skydance offered severance packages to about 600 employees who chose not to return to the office, costing $185 million, as part of a broader restructuring that included layoffs and workforce reduction following the company's merger and strategic shifts.

via Business Insider|

#business #layoffs #paramount-skydance

business5 months ago•1 min saved

Novo Nordisk mandates full-time office return amid CEO's revival push

Novo Nordisk has instructed all staff to return to the office full-time to boost decision-making and collaboration, amid challenges like stalled sales growth, competition, and a significant market cap decline. The company is moving away from its previous flexible work policies, although some individual flexibility remains. This shift aligns with broader corporate trends of returning to in-person work.

via CNBC|

#business #ceo-revival #company-restructuring

business5 months ago•2 min saved

Klarna's IPO Success Sparks Employee Backlash Over Return-to-Office Policy

Klarna employees reacted negatively to the company's new return-to-office policy with mostly disapproving emojis, despite the company's IPO and high valuation. The company plans to require employees in the office three days a week, but staff expressed their dissatisfaction through emojis on Slack. Meanwhile, Klarna has set its IPO price at $40 per share and is beginning trading on the NYSE, with investor focus on its financial performance amid rising losses.

via Business Insider|

#business #emoji-reactions #employee-response

business5 months ago•3 min saved

NBCUniversal Announces 4-Day Office Workweek for Hybrid Employees in 2026

NBCUniversal will implement a 4-day in-office workweek starting January 5, 2026, requiring hybrid employees to work onsite Monday through Thursday, with flexibility on Fridays, as part of a broader trend in the media and entertainment industry emphasizing in-person collaboration.

via Deadline|

#2026 #business #hybrid-work

technology5 months ago•2 min saved

Microsoft enforces stricter in-office policy for AI and staff

Microsoft's AI division is implementing a stricter return-to-office policy, requiring employees within 25-50 miles of specific global offices to work in person 4 days a week starting January 26, as part of efforts to attract AI talent amid industry competition.

via Business Insider|

#ai #microsoft #mustafa-suleyman

business5 months ago•1 min saved

Microsoft Implements Three-Day In-Office Workweek for Employees

Microsoft is requiring many employees to return to the office three days a week to foster collaboration and innovation, starting in the Seattle area and expanding nationwide and internationally, citing the benefits of in-person teamwork for AI product development.

via Bloomberg.com|

#ai-development #business #microsoft