

Snap said it would cut about 20% of its workforce on Aug. Snap’s demand for people to come back to the office comes amid a slump for the social media company. (Musk reportedly walked back this demand as Twitter employees chose not to embrace the new CEO’s “hard-core” working culture.) Most recently, new Twitter CEO Elon Musk demanded that workers come into the office, saying only “exceptional” workers would be granted an allowance to work from home. Companies like Apple and BlackRock are asking workers to come in three days a week, with others like General Motors planning to impose their own three-days-a-week mandates in the coming year. Many companies have tried to impose mandates on in-person work. Goldman Sachs CEO David Solomon told Fortunein February that the bank’s “cultural foundation” required people to be back in the office, while JPMorgan CEO Jamie Dimon has argued that remote work fostered dishonesty and procrastination. Spiegel’s comments echo other remarks from corporate leaders trying to get workers commuting again. But in his memo, Spiegel wrote that he worries the extended period of working from home has meant “we’ve forgotten what we’ve lost-and what we could gain-by spending more time together.” Snap was an early adherent of a remote-first policy as COVID began to spread in the U.S. We believe that being together in person, while retaining flexibility for our team members, will enhance our ability to deliver on our strategic priorities,” a Snap spokesperson told Fortune. “After working remotely for so long we’re excited to get everyone back together next year with our new 80/20 hybrid model. Spiegel said the new return-to-office policy would help Snap achieve its “full potential” and argued that what workers might give up “in terms of our individual convenience” would be offset by “our collective success.”


The policy, which CEO Evan Spiegel called “default together,” would apply to all of Snap’s 30 offices around the world. Starting in February, Snap employees will be expected to spend at least 80% of their time in the office, coming out to four days a week for most employees, according to an internal memo seen by Bloomberg.
