Square joins Twitter in letting employees work from home permanently

Reuters

Published May 18, 2020 04:41PM ET

(Reuters) - Jack Dorsey-led Square Inc (NYSE:SQ) said on Monday that most of its employees can continue to work from home permanently even after offices reopen, following a similar announcement from Twitter Inc (NYSE:TWTR), which is also headed by the billionaire.

The COVID-19 pandemic, which has so far infected more than 4.75 million people globally, has led to strict lockdowns in most countries and changed the way businesses function, with work-from-home emerging as the new norm.

"We want employees to be able to work where they feel most creative and productive," a Square spokesperson said in an emailed statement.

The payments technology firm said it does not have an expected timeline for reopening its offices.