/biz/ - Business & Finance

>Lately, Zoom meetings have been hitting a nerve with CEOs. JPMorgan Chase CEO Jamie Dimon says there's no vital "creative combustion. MS CEO Satya Nadella calls them transactional, where "30 minutes into your first video meeting in the morning ... you're fatigued."

>In April, many were touting the benefits. James Gorman, CEO of Morgan Stanley, said..."we've proven we can operate with no footprint."... Now members of the C-suite have gone full boomerang on Zoom meetings.

>...a survey in September, found that 40% of people who ran businesses have noticed decreases in productivity from remote working staff..the same group back in April, 56% rated productivity as "excellent."

> Another survey by virtual tech firm Lucid found that workers didn't feel like they needed to behave during virtual meetings...Most of them admitted to "questionable behavior" during virtual brainstorm meetings, including 1 in 10 who admitted using the bathroom while on a call...workers also admitted to exercising, taking a shower, watching TV and cooking or preparing a meal while participating in virtual brainstorm meetings.

>some large companies are doubling down on office space. Facebook is leasing all the office space at an ornate New York landmark, the former James A. Farley Post Office building. Amazon just bought the marquee Lord & Taylor building on Manhattan's Fifth Avenue and leased another 2 million square feet in Bellevue, Wash.

>... What most surveys show, however, is that they also want to meet their colleagues. They miss the casual moments that spark spontaneous ideas. ...reading, research and writing — can, in fact, be done better in a remote setting. But creative brainstorming sessions, project discussions, new client meetings, onboarding of new employees are better suited to in-person settings.

Oh wagey, did you miss those great spontaneous conversations you used to have with your coworkers? I’m sure that made the 2 hour daily commute all worth it.