Airbnb CEO says staff can ‘live and work anywhere’

Airbnb CEO says staff can ‘live and work anywhere’


Brian Chesky, CEO and Co-founder of Airbnb

Mike Segar | Reuters

Home-sharing platform Airbnb announced that it is planning to let its employees live and work wherever they want as other firms start to look beyond the coronavirus pandemic and bring staff back to the office.

Brian Chesky, the company’s CEO and co-founder, revealed the move on Twitter Thursday, saying that staff compensation won’t change if they decide to move.

“You have the flexibility to live and work in 170 countries for up to 90 days a year in each location, he said, without specifying which countries they won’t be able to work from or the reason for the 90-day cap.

In a separate email to staff, Chesky said employees will still need a permanent address for tax and payroll purposes.

“Most companies don’t do this because of the mountain of complexities with taxes, payroll, and time zone availability, but I hope we can open-source a solution so other companies can offer this flexibility as well,” he said in the email.

Airbnb employees will be personally responsible for getting “proper work authorization,” Chesky said, adding that the San Francisco-headquartered company is partnering with local governments to make this easier.

“Today, 20+ countries offer remote work visas, and more are in the works,” he said.

It’s possible that the move is designed to inspire other companies to introduce similar remote-working policies that would potentially benefit Airbnb. Airbnb did not immediately respond to a CNBC request for comment.

The decision comes as other firms start trying to lure staff to back to the office, sometimes with perks like social events and free food. However, not everyone is convinced and some workers are reportedly quitting to join companies with more flexible remote-working policies.

Chesky noted that most of his staff will meet in person every quarter for about a week at a time, adding that some will do this more frequently and that Zoom has its limitations.

“The most meaningful connections happen in person,” Chesky said. “Zoom is great for maintaining relationships, but it’s not the best way to deepen them. And some creative work is best done in the same room.”

He went on to say that Airbnb just had its most productive two-year period in its history while working remotely.

“Two decades ago, Silicon Valley start-ups popularized open floor plans and on-site perks,” he said. “Today’s startups have embraced flexibility and remote work. I think this will become the predominant way companies work 10 years from now.”

Chesky suggested that firms will be at a “significant disadvantage” if they “limit their talent pool to a commuting radius around their offices” as the best people live everywhere.



Source

Gap says it will launch checkout within Google’s Gemini, in an AI first from a major fashion company
Technology

Gap says it will launch checkout within Google’s Gemini, in an AI first from a major fashion company

Gap is partnering with Google’s Gemini to allow shoppers to check out directly within the AI platform, making it the first major fashion company to work directly with the tech company to fuel agentic commerce, CNBC has learned exclusively.  The partnership comes as more and more shoppers move away from traditional search and toward artificial […]

Read More
Alibaba reveals new AI chip designed for ‘agents’
Technology

Alibaba reveals new AI chip designed for ‘agents’

Samuel Boivin | Nurphoto | Getty Images Alibaba on Tuesday announced a new chip designed for agentic capabilities as the Chinese tech giant steps up its semiconductor efforts to fuel its AI push. The XuanTie C950 is a type of chip called a central processing unit (CPU), which Alibaba said will be able to handle the […]

Read More
Iran Supreme Leader Mojtaba Khamenei gets another blue check on X, despite sanctions policy
Technology

Iran Supreme Leader Mojtaba Khamenei gets another blue check on X, despite sanctions policy

FILE PHOTO: Iran’s new supreme leader, Mojtaba Khamenei, the second son of late Iran’s Supreme Leader Ayatollah Ali Khamenei, attends a rally in Tehran, Iran, May 31, 2019. Hamid Forootan | Via Reuters Iran’s Supreme Leader Mojtaba Khamenei has subscribed to X Premium on his official English-language account, despite the Elon Musk-owned company’s policy on […]

Read More