As if proximity bias weren’t a big enough problem, there’s another reason to be wary of avoiding the office altogether: If your boss doesn’t know you personally, they won’t stick their neck out to save your job.
That’s according to Ken Griffin, the founder, CEO, co-chief investment officer, and majority owner of hedge fund giant Citadel. In a semi- or fully remote work environment, “the cultural or social contract that holds people together…is unquestionably weaker,” Griffin said on Tuesday at the Citadel Securities Global Macro Conference, per Bloomberg News. “That worries me in terms of willingness of corporate America to make cuts in the workforce.”
