Dropbox let employees work remotely and saw record-high turnover. Then it offered in-person retreats. Retention soared [Fortune]
WeWork Inc. (WE)
Company Research
Source: Fortune
Dropbox employees worked from the office. By that fall, the initial shock of the pandemic had subsided, but many employees believed they’d return to the office once vaccines became widely available. Dropbox chief people officer Melanie Rosenwasser was under no such illusion. In October 2020, she was already rolling out a plan to transform the tech company into a virtual-first workplace. Dropbox’s mission, she says, is to “design a more enlightened way of working,” so there would be no return to the office—now or in the future. “Any future of work strategy we chose, we wanted to ensure that employees had control over not only how they work, but where they work,” Rosenwasser tells Fortune. Her return-to-office strategy has two main components: virtual first, doing away with the need to come to a physical location, and asynchronous by default, operating under the assumption that most work does not need to be done during the standard, nine-to-five workday. Meetings are exclusively rese
Show less
Read more
Impact Snapshot
Event Time:
WE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WE alerts
High impacting WeWork Inc. news events
Weekly update
A roundup of the hottest topics