- In today’s CEO Daily: Diane Brady on the war against WFH.
- The big story: Signs of economic slowdown in China and uncertainty in the U.S.
- The markets: Continued resilience in the West.
- Analyst notes from Panmure Liberum’s Joachim Klement on the possibility of capital controls in the U.S., Apollo on Friday’s jobs number, and Nomura on the tariff hit to China GDP.
- Plus: All the news and watercooler chat from Fortune.
Good morning. In the early days of the pandemic, it was a revelation to discover that many of the things we did in the office could be done from home. We collaborated, hired, fired, mentored, and found opportunities to connect virtually through check-ins and team activities like in-home scavenger hunts and wine tastings. (At least that was the experience for me.) Now, more than five years later, many leaders have tightened their work-from-home policies in the belief that remote work undercuts culture and productivity. The latest move comes from Uber CEO Dara Khosrowshahi, who sent a memo to employees this week saying they’ll have to spend three days in the office each week as of June. Companies like Spotify embrace remote work.
