Amid fear of global pandemic, working from home is gaining more acceptance and becoming a trend. As the world economy grapples with the spreading coronavirus threat, media takes a look at the sudden rise in remote working arrangements.
A strain of coronavirus could be reaching pandemic proportions, having killed 3164 people and infected more than 90,000 people in more than 40 countries.
The virus originated in Wuhan, China, is sending ripple effects around the world. The virus is pushing more people to work remotely, while health organizations work to contain and treat the outbreak.
The crisis is a very big challenge to the society, but it also gives people a chance to try a new way of living and new way of work.
Working from home is quietly remaking the lives of knowledge workers people who complete their high skill jobs online, but its also increasingly affected people whose jobs haven’t historically been mediated by computers. There’s a lot less choice for people in jobs like food service or manufacturing. Some companies in China are even offering bonuses to people.
Whether the bump in remote work will last depends on how long and how severe the pandemic is.
In the meantime, the virus is wreaking havoc on the stock market.
At this time, stocks for workplace software like Zoom and Slack, which aid in remote work, also seem to be doing well. Slack, for example, recently signed a big deal with Uber.
Remote work is here to stay, pandemic or not, but the coronavirus many force the transition more quickly than expected.