Bolt CEO changes RTO policy to 'stop the insanity of people working remotely from places like Bali.' Read the memo.

Bolt CEO changes RTO policy to 'stop the insanity of people working remotely from places like Bali.' Read the memo.

Bolt founder and CEO Markus Villig speaks on stage at Web Summit 2021 in Lisbon, Portugal.Getty/Diarmuid GreeneThe CEO of European ride-hailing app Bolt is mandating workers return to the office 12 days a month.In a memo, Markus Villig called it a "disgrace" that fewer than half of staff went in more than 2 days a week.He said the policy will help Bolt "retain an intense culture" and "return to being a high-performance" company.The CEO of Europe…

Bolt CEO Ends Remote Work Policy to 'Stop the Insanity'

One of the biggest remote work advocates has done a complete 180 on its staff, with the CEO of Bolt announcing that the company is ditching its work-from-home policy. Remote work has become one of the most popular employee perks and benefits in 2024, largely due to the fact that return-to-office policies have become so prevalent. Now, one of the first companies to make remote work a staple of its core principles is forcing employees back in the …