There has been an endless stream of speculation from pundits and economists alike that we may soon see a recession in our economy. However, at this time, according to the latest reports, even the nation’s top economists are unsure of which way the economic winds will blow.
Another area of uncertainty in the event that the economy enters a slower phase is the fate of the hybrid or remote work movement. Will belt-tightening and layoffs shift the balance of power back to employers, and thus weaken the degree of choice employees have with hybrid work?
Employees held the cards for the past two years. They were able to pursue new directions with the “Great Resignation” and, lately, “Quiet Quitting,” while also dictating whether or not they can continue to work from home to come into the office. Some observers predict the balance of power will shift back to employers, and with it will come non-negotiable demands to return to the in-person workplace.
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