Stock trading app Robinhood plans to allow a major portion of its employees to work remotely on a permanent basis, following a similar shift by tech companies in the face of COVID-19 related uncertainties on returning back to offices.
“For a large segment of our employees, there will be no location or regular in-office requirement, and teams will come together in-person occasionally for key experiences and moments that drive connection and innovation,” the company announced in a blog post on Wednesday. “Some teams will need to live within a commutable distance to an office location due to regulatory and business reasons, and a small segment will still need to come into the office.”