Software CEO worth almost $12 billion says he goes into the office ‘about once a quarter,’ bucking the return to office trend in Big Tech
Software CEO worth almost $12 billion says he goes into the office ‘about once a quarter,’ bucking the return to office trend in Big Tech
Atlassian CEO Scott Farquhar says he hasn't seen a productivity change from letting employees work from home.
Software CEO worth almost $12 billion says he goes into the office ‘about once a quarter,’ bucking the return to office trend in Big Tech::undefined
Atlassian is an Australian company, that's why.
The companies pushing to get people back into the office are coincidentally the ones being run by individuals who also have a vested interest in avoiding the corporate property market bubble bursting, as it has become increasingly clear that the absolute monstrous amount of parking lots, giant offices, and fast food chains in inner cities are no longer very much needed in the modern world, when a massive amount of the work force can get their job done just as well, if not better, from the comfort of their homes.
Unfortunately they have a vested interested in keeping that market, which is already on life support, breathing as long as possible or their net worth crashes.
Result: try and force your employees back in the office in a vain attempt to perform CPR on said market an--- oh shit what, you just quit and got a job for a company halfway around the world? You can just do that? Are you telling me there's countries out there not propping up overly engorged property markets and teetering their economy on top of a dead in the water industry...?
Shit, guess they didn't think that through very well...
This is equally true for Australia. It has nothing to do with the fact it an Australian company
Yep, believe it or not, we have cities and an overinflated property market in Australia too. But Scott Farquhar is very down to earth for a billionaire. Comes from a less-affluent area of Sydney, went to public school (admittedly one of the most difficult to be admitted to), doesn't surprise me that he's more "understanding" of the employees.
Uh might want to read up on the current state of Australian real estate before making that connection dude...
Not sure why net worth would legitimize his position
For me it acts as a warning of the credibility of whatever newspeak is going to come out of his mouth.
Probably because most of the people at his net worth are pushing for RTO so he's the exception to the rule.
because it means he is fucking successful and on pair with other big players, so nobody can say he is just a little light.
Because he could be a "CEO" of the company he founded with 3 employees
If anything, it weakens the article
"Duh of course he doesn't go. Rich people and C suites are the two classes that NEVER work. And he's both"
I have no idea why the title doesn't focus on the policy for the workers, rather than the CEO's
How the fuck does anyone get to be worth 12 billion dollars?
By having every large corporation using your products to operate their businesses.
I don't know about now but back when i worked in STEM, almost everyone in tech used some atlassian software
the company has an IPO so the net worth is largely equity value, i'm sure the net worth would have increased substantially during COVID/wfh periods.
from his wikipedia page "Farquhar often carries the epithet of accidental billionaire after he and his business partner Mike Cannon-Brookes founded Atlassian with the aim to replicate the A$48,500 graduate starting salary typical at corporations without having to work for someone else"
Nobody should be a billionaire.
This is the best summary I could come up with:
Atlassian implemented a Team Anywhere policy in 2020 and has stuck with it, even as companies began introducing hybrid working schedules with the end of the COVID pandemic.
Farquhar’s views on remote work put him at odds with other major tech CEOs, who are increasingly trying to get employees back to the office at least part of the time.
Amazon CEO Andy Jassy told employees in an internal meeting this month that fully remote workers likely would not have a future at the company, reports Insider.
Many tech companies that once praised remote work are now trying to get people to the office, citing improved collaboration and productivity.
Even Zoom, whose videoconferencing software helped power the pivot to remote work, is trying to get its employees back to the office at least twice a week.
Founder and CEO Eric Yuan told Zoom employees that it was tough to build trust remotely, Insider reported earlier this month.
The original article contains 576 words, the summary contains 156 words. Saved 73%. I'm a bot and I'm open source!
Why is he worth $12 billion?
Fuck RTO but also fuck atlassian, shit company making shit software.
Someone's upset their PM made them start using JIRA tickets
I find the lacking/inconsistent integration between Atlassian tools annoying.
Why is there no useful Bitbucket <-> Confluence integration? Why is the markdown or other syntax in Jira so inconsistent. You have to use different stiles in Jira Comments, acceptance criteria and Story titles.
But to be fair with Jira: Often it is the using company who misconfigures in an absolute mess as they try to reimplement some horrible SAP CRM flow which they wanted to get away from before.
Don't say jira. I get cold sweats. It really is slow and shite.