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Robinhood Allows Employees to Work Remotely Permanently

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.” Headquartered in Menlo Park, California, Robinhood has around 3,400 workers, and the “Remote First” move will allow the company to hire from anywhere in the country. The pandemic has forced many organizations to rethink their real estate …

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