Software company LogMeIn had most of its 3,500 workers commute into the office daily before the coronavirus pandemic. Going forward, almost none of them will.
After seeing their employees could be productive at home, LogMeIn s executives in October introduced a long-term, remote-centric work strategy that will have roughly 3% of its employees coming into the office every day.
This strategy is leading LogMeIn to cut half of its 230K SF footprint in its Boston headquarters and about one-third of its worldwide office space. The decision we made to go remote-centric was one that was not made to solve for a short-term problem like the pandemic, but rather one that we believe reflects the way our employees want to work permanently, LogMeIn Vice President of Global Real Estate Andy Hook told
PenFed Welcomes Chairman of National Credit Union Administration at Board Education Conference
NCUA Chairman Rodney E. Hood Shares Positive Outlook for Credit Union Industry
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TYSONS, Va., Jan. 19, 2021 /PRNewswire/ PenFed Credit Union, the nation s second largest federal credit union, hosted its Board Education Conference on Saturday Jan. 16 with five expert speakers including the first in-person event by National Credit Union Administration (NCUA) Chairman Rodney E. Hood since March 2020.
Speaking to the 11 members of PenFed s volunteer Board of Directors, five members of PenFed s volunteer Supervisory Committee and nine members of PenFed s Executive Team, Chairman Hood presented a positive outlook for the credit union industry. Chairman Hood asserted that on the strength of credit union share growth, the National Credit Union Share Insurance Fund is carrying sufficient equity to withstand the pandemic. Chairman Hood emp