Madhurima
SAN FRANCISCO: Since certain tech companies like Twitter prefer their employees to work from home forever, Microsoft CEO Satya Nadella has warned that creating remote work permanent could have serious consequences for social interaction and psychological state for workers as virtual video calls cannot replace in-person meetings.
In an interaction with The New York Times, Nadella said that an all-remote setup would be "replacing one dogma with another dogma".
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"What does burnout look like? What does mental health look like? What do that kind of connectivity and the community building look like? one of the things I feel is, hey, maybe we are burning a number of the social capital we built up during this phase where we are all working remote. What's the measure for that?" Nadella was quoted as saying.
His comment came after Twitter granted a choice to his staff to work from home 'forever' even after the COVID-19 pandemic ends.
Twitter upped the ante after Facebook, Alphabet (Google) and others have asked their employees to work from home till year-end.
Microsoft has extended its work-from-home policy until at least the end of October.
The tech giant's stock price is up 14 per cent this year and therefore the company has nearly $140 billion in cash.
Microsoft spent $10 billion in its most recent quarter on share buybacks and dividends, up over 30 per cent from the year before.
"We're getting to boldly allocate and acquire, build, innovate, partner, whatever," said Nadella.
"We also are aiming to make certain that we have the power to try and do credit for small businesses and other organizations that require that help".
Microsoft last week signed a definitive agreement to accumulate UK-based Metaswitch Networks, the number one provider of virtualised network software and voice, data and communications solutions for operators, for an undisclosed sum.
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The company also launched new solutions designed to assist Indian small and medium businesses (SMBs) maintain business continuity and start their Cloud adoption journeys amid the COVID-19 crisis.
