Working from home has its benefits such as flexibility, casual attire, and no commute. But are remote workers more susceptible to layoffs?
In “Remote Workers Bear the Brunt When Layoffs Hit,” The Wall Street Journal breaks down new data that finds full-time remote workers were 35% more likely to be laid off in 2023 than their office-based peers. The analysis of two million white-collar workers conducted by employment data provider Live Data Technologies showed 10% of fully remote workers were laid off last year, compared with 7% of those working in an office full-time or on a hybrid basis
As the pandemic-fueled hiring spree – especially in the tech industry – has waned, managers needing to trim staff may find it easier to cut employees they have never met in person. Remote workers may also be more marginal to start with as some managers may prefer to keep their strongest employees doing the most important tasks close to them at the office when possible.
The “easy-come, easy-go” attitude tends to go both ways as remote workers are also more likely to quit. According to Live Data Technologies, 12% of fully remote workers left their company and began a new job within two months in 2023, compared with 9% of those who worked on a hybrid or in-person basis.
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