Zoom CEO: You can hire global talent without an office

Zoom CEO Eric Yuan believes the rise of remote working and a slew of video conferencing tools such as Zoom has made businesses question the need for physical offices.

The COVID-19 pandemic has made Zoom a global phenomenon and it has seen its users rocketed from 10 million daily meeting participants per day in December to 300 million in April, according to Yuan.

It has certainly given businesses food for thought on whether they need an office if their employees have been able to function productively while working remotely.

And Yuan has no doubt that having a fully remote workforce is the way to go in the new world of work as it gives companies access to the global talent pool.

“If I start up my company today, I am not going to have a single office,” he said at Nikkei’s Global Digital Summit 2020 via video. “Plus, you really can hire talents from all over the world,” he added.

Technology giants such as Twitter and Facebook have led the way by announcing that their employees will be able to work from home permanently.

“It’s clear that Covid has changed a lot about our lives, and that certainly includes the way that most of us work. Coming out of this period, I expect that remote work is going to be a growing trend as well,” said Facebook CEO Mark Zuckerberg.