Meta's Return To Office Takes Effect: What To Know
Portfolio Pulse from Ryan Gustafson
Meta Platforms, Inc. (NASDAQ:META) has implemented a new mandate requiring employees to return to the office for three days a week. The decision comes after an internal analysis showed that in-person engineers are more productive. The company's shares traded higher on Tuesday, closing 1.27% up at $300.15.
September 05, 2023 | 9:25 pm
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Meta's new mandate for employees to return to the office for three days a week could potentially increase productivity, as suggested by an internal study. This news coincided with a rise in the company's stock price.
The news of Meta's new mandate requiring employees to return to the office for three days a week is directly related to the company. The decision, based on an internal study showing that in-person engineers are more productive, could potentially increase the company's overall productivity and efficiency. This could be perceived positively by investors, which might explain the rise in the company's stock price.
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