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Both of Jack Dorsey's companies will now permit employees to work from home completely. San Francisco-primarily based Square mentioned Monday it will let folks work remotely, even after regional shelter-in-place orders end. The information came a week after Twitter, additionally run by Dorsey, announced its staff would have the same choice. Square spokesperson advised CNBC. Square introduced a new 356,000 square-foot building in the East Bay of San Francisco earlier this yr the place it stated it deliberate to move a few hundred staff. The fee company has more than 3,000 workers, some of whom will still need to go to the office for jobs that can't be accomplished remotely. The Verge first reported the brand new Square policy. Square and Twitter are the only major Bay Area tech companies to implement a everlasting work-from-residence policy. Google and Facebook are telling staff to work remotely till the end of this year amid broader Covid-related shutdowns. Dorsey has lengthy advocated for remote work. At one level last 12 months, the CEO introduced he would reside in Africa for as much as half of 2020 and continue operating the two corporations from another continent. After the Covid pandemic hit, Dorsey mentioned he was reconsidering the transfer. His determination not to maneuver additionally got here after Elliott Management, which has a big stake in Twitter, pushed for Dorsey's ouster earlier this 12 months, citing Dorsey's time split between Square and Twitter and his want to maneuver to Africa as reasons for Twitter to bring in a new CEO. The 2 sides ultimately settled, and Dorsey's job appears safe for now. A "distributed" workforce model would develop the corporate's hiring pool, Dorsey stated at the J.P. Morgan Global Technology, Media and Communications Conference last week. Dorsey said at the convention.
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