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Flex Index The share of US companies requiring employees in the office full time went down
Flex Index

Amazon’s RTO hasn’t affected other companies’ office policies

Companies aren’t following the e-commerce leader.

Typically, other employers look to Amazon, one of the biggest employers and one of the most valuable companies in the country, to set the tone on workplace trends.

But the internet behemoth’s announcement in September that workers would be expected back in the office full time next year might be too retrograde to copy.

Overall, the share of US companies that require people to be in the office full time declined slightly since last quarter, according to new data from Flex Index, which monitors office policies across more than 13,000 companies. Meanwhile, some 68% of companies offer at least some flexibility in where people work. In other words, not much has changed.

Generally, businesses have been moving to a hybrid model, where workers are required to come into the office some of the time. Since the beginning of 2023, both the share of companies that were fully flexible and fully in-office have declined.

Perhaps it’s because in the year 2024, requiring people to go to the office full time is not only ineffectual but a really bad look.

Stanford economist and remote-work expert Nick Bloom, who gave a presentation alongside the Flex Index findings, highlighted some recent studies about remote work that found return-to-office mandates don’t improve employee or company performance. Bad performance is also what leads companies to make such announcements in the first place. The announcements themselves, in addition to upsetting workers, have the compounding effect of insinuating that a company isn’t doing well. (Indeed, many have suggested that Amazon’s policy is actually just a way to reduce headcount without calling it layoffs.)

Of course, none of this is a big problem for Amazon — but other companies have to tread more carefully.

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Prediction markets show “One Battle After Another” leads in Oscar race for Best Picture

It’s finally Oscars week — and with voting officially closed, all that’s left to do is count the ballots and wait to see who wins this Sunday night. 

This year, the acting categories have been the most interesting to watch, especially the showdown between “Marty Supreme” star Timothée Chalamet and “Sinners” actor Michael B. Jordan for Best Actor. While Chalamet was long the favorite, Jordan has caught up and overtaken him after winning the Actor Award.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

But perhaps the most exciting race of all is for Best Picture. Out of the 10 nominees, the two at the top are Paul Thomas Anderson’s “One Battle After Another” and Ryan Coogler’s “Sinners,” both of which are studio releases from Warner Bros. Discovery

Which will win the top prize seems to be split among award pundits and experts. As of Monday afternoon, Gold Derby still has “One Battle After Another” as the front-runner with odds of 76.87%. AwardsWatch, AwardsRadar, and Numlock Awards are also still predicting that “One Battle After Another” will take the statue for Best Picture.

On the other side, reporters from some major trade publications like Variety’s Clayton Davis and The Hollywood Reporter’s Scott Feinberg predict that “Sinners” will take the top honor.

Odds in the prediction markets currently show that “One Battle After Another” is still ahead of “Sinners,” with the former priced in at 75% while the latter is priced at 23%.

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