Remote Work Lifestyle Hinders Careers, Says NYU Professor: 'Young People Who Choose That Life...Are Probably Not Going To Become CEOs'
Portfolio Pulse from Benzinga Neuro
NYU Stern School of Business Professor Suzy Welch warns that the trend of remote work among younger generations might hinder their chances of reaching executive positions. Her views align with those of her NYU colleague, Professor Scott Galloway, and industry leaders like Tesla CEO Elon Musk and former PayPal executive David Sacks, who have expressed reservations about the effectiveness of remote work.
November 06, 2023 | 1:26 am
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Former PayPal executive David Sacks has expressed his reservations about work-from-home policies, stating that remote work 'doesn't work'. This could potentially reflect on PayPal's work culture and policies.
The article mentions former PayPal executive David Sacks' criticism of remote work, but it does not provide specific details about how this view is being implemented in PayPal's work policies. Therefore, the impact on PayPal's stock is neutral in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Tesla CEO Elon Musk has previously criticized the remote work trend, asserting that people are more productive when working in person. This could potentially impact Tesla's work policies and culture.
While the article mentions Tesla CEO Elon Musk's criticism of remote work, it does not provide specific details about how this view is being implemented in Tesla's work policies. Therefore, the impact on Tesla's stock is neutral in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50