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Fortune
Fortune
Marco Quiroz-Gutierrez

CEO of $8 billion Flexport blasts remote work as ‘white-collar fraud’ and a ‘total fantasy’ for highly paid employees

(Credit: Sam Barnes—Sportsfile for Collision via Getty Images)

The CEO of an $8 billion logistics company that thrived during the pandemic is reviving the debate about remote work with a controversial take that has some calling him out online.

Ryan Petersen, the founder and CEO of Flexport, said on the Twenty Minute VC podcast this week that remote work is “white collar fraud,” partly because it can lead employees to become distracted at home, especially those who have children.

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