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Square joins Twitter in letting employees work from home permanently

Published 05/18/2020, 04:41 PM
Updated 05/18/2020, 04:45 PM
© Reuters. An advertisement for the Square payment processor is seen outside a vendors site along the High Line in New York
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(Reuters) - Jack Dorsey-led Square Inc (NYSE:SQ) said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a similar announcement from Twitter Inc (NYSE:TWTR), which is also headed by the billionaire.

The COVID-19 pandemic, which has so far infected more than 4.75 million people globally, has led to strict lockdowns in most countries and changed the way businesses function, with work-from-home emerging as the new norm.

"We want employees to be able to work where they feel most creative and productive," a Square spokesperson said in an emailed statement.

The payments technology firm said it does not have an expected timeline for reopening its offices.

© Reuters. An advertisement for the Square payment processor is seen outside a vendors site along the High Line in New York

Tech giants like Facebook Inc (NASDAQ:FB) and Alphabet (NASDAQ:GOOGL) Inc's Google have allowed most of their employees to work remotely until the end of this year.

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