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Stock impact report

Barbara Corcoran ‘isn't buying' that employees are more productive at home—but she embraces hybrid work anyway [CNBC]

Anywhere Real Estate Inc., (HOUS) 
Company Research Source: CNBC
The 75-year-old “Shark Tank” star has managed employees since 1973, when she founded the Corcoran Group, adapting to multiple changes in office culture along the way. When it comes to fully remote work, Corcoran is still on the fence, she told iHeart's “Way Up With Angela Yee” podcast last month. “Whether people are more productive at home — I'm not sure I'm buying it as a boss,” said Corcoran. “When I'm in [the office], I like my people in.” At the same time, Corcoran said she understands the perspective of those who prefer to work from home. “Looking at it from the employee's vantage point, I get it. Why would you want to get in a car and go to work and waste all that time going in just to go home again?” she said. On the days she's not working in the office herself, “I like my people to know they don't have to come in.” Workers were ushered into remote and hybrid work in 2020 following the onset of the Covid-19 pandemic. Now these models have become a workplace norm, and Show less Read more
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