Business travel survives the Zoom era, as leaders jump back on flights [Fortune]
Korn Ferry (KFY)
Last korn ferry earnings: 3/10 04:05 pm
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Source: Fortune
cities or staying at a Hilton in a small town about 20 minutes from the airport. Either way, it seems that the pandemic didn't kill the corporate travel bug. The brakes on business trips were first pulled when COVID-19 hit, as lockdowns and international travel restrictions were implemented. Zoom took off while planes stalled, as the video-conferencing company went from 10 million daily meeting participants in December 2019 to 300 million a few months later in April 2020. As the lockdown lifted, some itched to vacation again (surging to the point that the term “revenge travel” was coined), but corporate travel was slow to get its feet off the ground. Its sluggish return made some question if business trips were at the end of an era. Perhaps Zoom and remote work meant that there was no longer a need to leave the house, much less the country, to really connect with others. “Businesses aren't going to support nonessential travel if the work being proposed can be done virtually,” Br
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KFY
Earnings
- 3/6/24 - Beat
KFY
Sec Filings
- 3/11/24 - Form 4
- 3/8/24 - Form 10-Q
- 3/8/24 - Form 144
- KFY's page on the SEC website