This week, Microsoft announced that employees can opt to work at home permanently now. They will give up their office space, but Leo says who needs it? Leo also believes the Covid19 outbreak will be a seed change, prompting more work from home options, keeping cars off the road. And that's a good thing.
Twitter announced this week that their employees can work from home and don't ever have to come back to the office. Leo says that this could be a new emerging trend, where companies allow ther employees to telecommute. The result could also be that people will be able to live where they can afford, rather than living in expensive areas. But it may also mean that companies will pay their employees less if they live in cheaper areas. But companies are also battling for the best talent, by offering amenities. Working from home will be part of that.
With the Coronavirus outbreak prompting the government to encourage people to practice "social distancing," many companies are letting their employees work from home. Leo says we finally have the bandwidth speeds available to be able to do video conferencing and team applications that can work via telecommuting. Church's are encouraging parishioners to watch services online, and thanks to Google Hangouts, Apple's Facetime and other video chat apps, we can keep in touch with friends and family. So it couldn't be a better time to be facing this.