Yelp is closing its offices in three cities because virtually no one is using them. 'The future of work at Yelp is remote,' CEO Jeremy Stoppelman says.
Yelp Inc. announced Thursday it will shut its offices in three major U.S. cities, saying “the future of work at Yelp is remote.”
Stoppelman cited Yelp employee surveys that found 86% of respondents said they prefer to work from home most or all of the time, with 87% saying working from home made them more effective. He said that since Yelp reopened its offices nine months ago, giving employees the option to come in, only about 1% of workers have chosen to come in every day.
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