A tech company with 30,000 workers is bucking the trend of enforced RTO and letting its employees be completely flexible [Business Insider]
Globant S.A. Common Shares (GLOB)
Last globant s.a. common shares earnings: 2/20 04:15 pm
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Source: Business Insider
The CEO told Bloomberg he's focused on making offices more enticing than enforcing RTO. It makes Globant an outlier in the tech world, where some major companies have strict RTO policies. While many tech companies have enforced workers' return to the office, software company Globant is allowing its nearly 30,000 employees to remain fully remote. But the policy hasn't meant that its offices are empty, instead, employees have been drawn back to the office more flexibly, Globant CEO Martin Migoya told Bloomberg. The company opted to entice workers back by expanding and updating office space — with more lounge areas and private rooms for remote calls. "We found that people come, they get together, they use our offices in a different way, and we've been modifying our offices to attend to that new reality," Migoya told the outlet. "The office must be an attraction point for the people to get together, rather than just the desk in which you do your job," he added. The company
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News
- Globant S.A. (NYSE: GLOB) had its price target lowered by analysts at Scotiabank from $260.00 to $230.00. They now have a "sector outperform" rating on the stock.MarketBeat
- Declining Stock and Decent Financials: Is The Market Wrong About Globant S.A. (NYSE:GLOB)? [Yahoo! Finance]Yahoo! Finance
- Globant S.A. (NYSE: GLOB) had its price target lowered by analysts at Citigroup Inc. from $275.00 to $235.00. They now have a "buy" rating on the stock.MarketBeat
- Quickplay's Generative AI Products Sweep Awards at NAB [Yahoo! Finance]Yahoo! Finance
- Should You Add Globant S.A. (GLOB) to Your Portfolio? [Yahoo! Finance]Yahoo! Finance
GLOB
Earnings
- 2/15/24 - Beat
GLOB
Sec Filings
- 4/9/24 - Form 6-K
- 3/29/24 - Form 6-K
- 3/5/24 - Form 144
- GLOB's page on the SEC website