Nokia plans to keep a hybrid model post-pandemic. The Finnish telecom equipment maker’s employees could choose to work remotely up to three days a week.
During the last year and a half, most companies had to implement and test remote work practices. However, for the Finnish company, this experiment worked better.
At the end of last year, Nokia surveyed its 92,000 employees across 130 countries. To sum up, 91% of them felt more productive working at home. Besides 81% of respondents prefer to spend some time in the office to connect with colleagues, on average, most employees would instead work remotely up to two or three days a week.
As a result, the company plans to cut up to 10,000 jobs in two years to drop down costs and invest in research capabilities. In addition, the Finnish company will redesign its offices to allocate up to 70% of the space in meeting areas rather than physical workplaces. Office facilities in Dallas, Singapore, and Budapest are already ready, and new sites will open by the end of the year.
As Chief Executive Pekka Lundmark states, “The pandemic forced organizations to change. Technology gave people the tools to innovate. In many cases, the results have been too good to go back to the old way of doing things.”
Nokia follows the global trend towards a hybrid model. From January, employees will have more flexible options in working hours and location.