Starting from the end of February, employees have been asked by the parent of social media app Snapchat to be in office four days a week
Snap Inc will require their employees to work from its offices 80% of the time, starting from the end of February.
"After working remotely for so long, we're excited to get everyone back together next year with our new 80/20 hybrid model," a spokesperson for the social media platform said in an emailed statement.
Bloomberg News first reported the development and said the owner of photo messaging app Snapchat had asked employees to be in office four days a week from February.
Santa Monica, California-based Snap said in August it would lay off 20% of all staff and shut down projects to cut costs amid a deteriorating economy.
The tech industry was among the first to allow employees to work from home when COVID-19 hit the United States in 2020. But the extent to which tech companies are embracing permanent remote work is now diverging.
Last month, ride-hailing service Uber (UBER.N) asked its employees to work from office twice a week. Earlier this month, Elon Musk told Twitter employees that remote work would no longer be allowed and that they would be expected to be in office for at least 40 hours per week.
An OPEC+ panel meeting on Sunday expressed concern about attacks on energy assets during the US-Israel war on Iran, saying they were expensive and time-consuming to repair and so have an impact on supply.
Dubai Chambers said on Sunday 2,709 firms registered at Dubai Chamber of Commerce during March, with the largest share coming from the real estate, renting and business services sector, accounting for just over 41 per cent of new members.
The UAE Ministry of Finance has said the country's maintained its Aa2 credit rating with a stable outlook, following a periodic review of the country’s financial position by the credit ratings agency Moody’s Ratings.
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Officials overseeing Dubai’s tourism and key economic sectors have said that the business support measures announced earlier this week will bolster resilience, help companies navigate short-term challenges and support sustained growth.
UAE air defences detected and successfully intercepted 9 ballistic missiles, 1 cruise missile and 50 drones launched from Iran on Sunday, the Ministry of Defence confirmed.