Show an ad over header. AMP

I am the FIRST

Tech startups keep workers remote but plan elaborate "bonding trips"

Many tech startups are choosing to keep employees working from home and are pivoting to planning several elaborate company retreats per year to allow employees to meet and bond, the Wall Street Journal reported this week.

Why it matters: For many companies, corporate retreats are becoming a necessity as they try to figure out how to maintain company culture with remote employees.


The big picture: For tech startups, the new model for these retreats means that "PowerPoint presentations in hotel conference rooms are replaced by more enjoyable endeavors: mountain biking in Colorado, swimming with dolphins in Mexico and dancing the tango in Argentina," writes the Journal.

  • The business-software company, People.ai Inc. closed its headquarters in San Francisco as well as most of its other offices, and ditched plans for a new office in London. Instead, the company's real estate budget is being fueled into several company trips, reports the Journal.
  • The startup incubator All Turtles Corp. also closed its offices in Paris, Tokyo and San Francisco and is planning "twice-yearly excursions" for all its employees.

What they're saying: “The genie is out of the bottle for remote work and if we wanted to bring everyone back to headquarters I don’t think it’s doable,” Oleg Rogynskyy, CEO of People.ai, told the Journal, adding that doing so “is how you lose your best employees.”

Of note: These sorts of retreats could cater to young, single employees.

  • Rogynskyy is considering a child-care stipend to help "support spouses and kids when employees are away and in some cases pay for families to travel along," per the Journal.

In photos: Tokyo Olympics day 10 highlights

Day 10 of the Tokyo Olympic Games saw Puerto Rico bag its first-ever track gold medal when Jasmine Camacho-Quinn beat American world record holder Kendra Harrison to win the women’s 100-meter hurdles Monday.

The big picture: There was better news for Team USA in the basketball, where the women's national team beat France 93-82 — meaning the Americans are entering the medal round undefeated as they go for yet another gold, Axios' Ina Fried reports from Tokyo. France still advanced to the quarterfinals as well.

Keep reading... Show less

Belarus sprinter who sought refuge in Tokyo "safe" with Japanese authorities, IOC says

Belarus' Olympian Krystsina Tsimanouskaya, who's refusing orders to return home, is in the care of Japanese authorities and the UN refugee agency is now involved in her case, an International Olympic Committee official told reporters Monday.

Driving the news: The sprinter said she wouldn't obey orders and board a flight home after being taken to Tokyo's s Haneda airport by team officials Sunday following her criticism of Belarusian coaches, per Reuters. She spent the night in an airport hotel.

Keep reading... Show less

Olympic sprint champ Jacobs says reconnecting with U.S. father "gave me the desire to win"

Italy's surprise 100-meters Olympic gold medalist Lamont Marcell Jacobs opened up Sunday about how reconnecting with his American father over the past year has helped spur him on.

What he's saying: The Texas-born sprinter told reporters after setting a European record of 9.80 seconds to win gold in Sunday's event that getting back in touch with his father "gave me the desire, the speed, that something more that helped me being here and win the Olympics."

Keep reading... Show less

Bipartisan Senate group releases $1 trillion infrastructure bill

A bipartisan group of senators released full legislative text for their $1 trillion "hard" infrastructure bill late Sunday night, setting it up for debate on the floor this week.

Why it matters: Senate Majority Leader Chuck Schumer kept senators in town for a rare legislative weekend in order to formally begin debate on the 2,702-page bill. Now the Senate can begin a potentially days-long amendment process before a final vote this week.

Read the bill.

This is a breaking news story. Check back for updates.

American Raven Saunders protests oppression with "X" sign on Olympic podium

U.S. shot-putter Raven Saunders told AP Sunday she placed her hands above her head in an "X" formation while on the Olympic podium after winning a silver medal to stand up for "oppressed" people.

Why it matters: The International Olympic Committee has banned protests during the Tokyo Games, but Saunders, who is black and openly gay, said she wanted to take a stand.

Keep reading... Show less

High-ranking Democratic lawmaker in New Mexico House resigns amid allegations of fraud

A high-ranking New Mexico Democratic state lawmaker has resigned amid a federal investigation into possible fraud, racketeering, illegal kickbacks and money laundering,

Driving the news: Sheryl Williams Stapleton stepped down Friday as New Mexico's House majority leader, and from her seat, after state and federal authorities served subpoenas on an Albuquerque school district where Stapleton is employed.

Keep reading... Show less

House poses obstacle to passage of infrastructure bill

A 2,700-page bipartisan infrastructure bill was headed to Senate desks Sunday with promises it will pass the chamber by the end of the week. A final version was promised after additional edits.

Why it matters: While that's progress for the president’s most prominent 2021 legislative goal, the House is shaping up as a potential obstacle before money starts flowing to build new roads, bridges and expand broadband access.

Keep reading... Show less

Gabby Giffords calls on Congress to enact stricter gun control laws 10 years after shooting

Ten years after she returned to Congress, former Rep. Gabby Giffords tells Axios it's "a huge disappointment" the House and Senate have been unable "to pass even the most basic, commonsense gun safety laws."

Why it matters: In the decade since the Arizona Democrat and 17 others were shot — with six killed, including an aide — outside a supermarket in Tucson, there have been more than 200 mass shootings in the United States.

Keep reading... Show less

Insights

mail-copy

Get Goodhumans in your inbox

Most Read

More Stories