Bolt CEO Ends Remote Work Policy to ‘Stop the Insanity’

The ride-share company has allowed employees to work from home since before the pandemic, but the CEO says no more.
Conor Cawley
Written By
Published on October 25, 2024
Empty office due to layoffs

One of the biggest remote work advocates has done a complete 180 on its staff, with the CEO of Bolt announcing that the company is ditching its work-from-home policy.

Remote work has become one of the most popular employee perks and benefits in 2024, largely due to the fact that return-to-office policies have become so prevalent.

Now, one of the first companies to make remote work a staple of its core principles is forcing employees back in the office, which just goes to show how rare it has become in the modern era.

Bolt — the ride sharing company that has admirably competed with Uber over the years — is officially getting rid of its generous remote work policy, which allowed employees the flexibility to work from home whenever they wanted.

The decision comes from Bolt CEO Markus Villig, who had some pretty harsh words for remote work, focusing on how his team had been taking advantage of it over the course of its lifetime.

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“We are too scattered, people feel disconnected, attrition is too high, and our offices lie empty.” – Markus Villig, CEO of Bolt

Villig also noted that the company needed to “stop the insanity of people working remotely from places like Bali,” in order to regain some of its company culture back.

“That is a vacation, not what we hired them to do.” – Markus Villig, CEO of Bolt

The new policy will go into effect on January 1, 2025, and all employees will have to be in the office at least two times per week and 12 times per month.

Given the popularity of remote work, many have speculated that return-to-office policies have become an easy way to lay off employees without all the bad press. And while it’s hard to say if that’s the motivation behind the decision at Bolt, the language within the CEO’s statement certainly isn’t helping him beat those allegations.

“We are absolutely fine if some people decide this is not for them, as the cultural impact far outweighs it.” – Markus Villig, CEO of Bolt

Obviously, there is no way to confirm nor deny the reasoning behind this or any other RTO policy at major companies around the world. But it’s hard to deny the trend.

Return-to-office mandates are far from new in 2024. Companies around the world have been nixing the popular employee perk left and right, with substantial backlash from employees and productivity statisticians alike.

The reason it’s so surprising from Bolt is because the company has been a bastion of working from home for a long time now. In fact, the Bolt was able to quickly and efficiently move its employees to remote work during the pandemic, because it had already adopted a hybrid model prior to the lockdown.

All that to say, with return-to-office mandates becoming more and more common, it’s safe to say that no work from home position is safe, no matter how enthusiastic your company was about it before.

Written By

Conor Cawley

Conor is the Lead Writer for Tech.co. For the last eight years, he’s covered everything from tech news and product reviews to digital marketing trends and business tech innovations. He’s a feature, reviews, and news contributor for Android Police, and he has hosted tech-focused events for SXSW, Tech in Motion, and General Assembly, to name a few. He also cannot pronounce the word “colloquially” correctly.

You can email Conor at conor@tech.co.

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