• Latest
  • Trending
  • All
  • Lifestyle & Entertainment
Ken Griffin, CEO of Citadel, criticises remote work

Ken Griffin, CEO of Citadel, criticises remote work

May 21, 2022
Six Feet Under Star Lauren Ambrose joins Season 2 of Yellowjackets

Six Feet Under Star Lauren Ambrose joins Season 2 of Yellowjackets

August 12, 2022
Tosin Cole to star in new Netflix superhero series Supacell

Tosin Cole to star in new Netflix superhero series Supacell

August 12, 2022
Rick & Morty Season 6 trailer teases the upcoming season to be an exciting adventure

Rick & Morty Season 6 trailer teases the upcoming season to be an exciting adventure

August 12, 2022
After a car crash, Anne Heche is not expected to survive

After a car crash, Anne Heche is not expected to survive

August 12, 2022
Lucy Liu joins Jeff Daniel’s A Man in Full limited series at Netflix

Lucy Liu joins Jeff Daniel’s A Man in Full limited series at Netflix

August 12, 2022
Angelina Jolie gets emotional when she drops off Zahara at college

Angelina Jolie gets emotional when she drops off Zahara at college

August 12, 2022
Dangerous Liaisons: Starz revealed first-look images, trailer and release date for the upcoming period drama

Dangerous Liaisons: Starz revealed first-look images, trailer and release date for the upcoming period drama

August 12, 2022
Jack Black regarded himself as a horrible actor during his early years

Jack Black regarded himself as a horrible actor during his early years

August 12, 2022
Ezra Miller’s controversies may lead to the Flash being shelved

Ezra Miller’s controversies may lead to the Flash being shelved

August 12, 2022
Netflix will begin streaming older Canadian TV shows such as Due South

Netflix will begin streaming older Canadian TV shows such as Due South

August 12, 2022
Zoe Saldana’s Netflix Limited Series From Scratch  will premiere in October 2022

Zoe Saldana’s Netflix Limited Series From Scratch  will premiere in October 2022

August 12, 2022
What We Know So Far About Damon Wayans’ Netflix Series Glamorous

What We Know So Far About Damon Wayans’ Netflix Series Glamorous

August 12, 2022
Retail
Saturday, August 13, 2022
Contact Us
  • Home
  • World
  • Business
  • Lifestyle & Entertainment
  • Bollywood
  • Horoscope
  • Korean
  • NBA
  • Pro Wrestling
No Result
View All Result
The UBJ - United Business Journal
No Result
View All Result

Ken Griffin, CEO of Citadel, criticises remote work

by Shruti Kandwal
May 21, 2022
in News, World
0
Ken Griffin, CEO of Citadel, criticises remote work

For millions of Americans, the work-from-home lifestyle that began as a necessity has evolved into the new (and preferred) normal after more than two years of the Covid-19 pandemic. According to a Pew Research Center research released in February, 61 percent of employees who have the opportunity to return to an office prefer to do so.
However, not everyone agrees. Citadel founder and CEO Ken Griffin said on Thursday that he invited his employees back into the office because he believes that a remote workforce hinders innovation and creativity, according to Newsweek.

Griffin is a hedge fund manager, entrepreneur, and investor from the United States. He is the founder, CEO, co-chief investment officer, and 80 percent owner of the international hedge fund Citadel LLC, and his net worth is reported to be $29.6 billion.
Griffin expressed his viewpoint at a Bloomberg Intelligence conference in answer to a question on how Covid has changed the way hedge funds operate. The billionaire bemoaned the “significant loss” of connectivity caused by Zoom sessions, but stated that all Citadel employees, with the exception of those in a few Asian jurisdictions, have returned to work.

YOU MAY ALSO LIKE

Shefali Shah, who returns as Madam Sir in the Delhi Crime Season 2 trailer, is on the prowl for a sinister serial murderer group

Downing Street rejects quick cost-of-living adjustments

“And I believe that teamwork within our four walls has been an extraordinarily essential component of our two-and-a-half-year success story,” Griffin added. “It’s something I hope all of corporate America would embrace because, as you can see, and as more and more studies show, remote workers’ invention and creativity suffer.”

Griffin noted that the forced return to in-person work has resulted in resignations in a “handful” of cases, but that employees have adapted fairly well overall. When employees were told they could work from home during the Omicron spike, “most people remained coming to work,” according to Griffin.
Griffin went on to remark that individuals are “creatures of habit” who “develop new habits fairly quickly” and, as a result, recognise the importance of separating work and home life.

Many people disagree with Griffin’s viewpoint, with some even suggesting that individuals who feel everyone should work in person should stretch their creative muscles.

Tags: Citadel

Instagram

    Please install/update and activate JNews Instagram plugin.

Recent News

Six Feet Under Star Lauren Ambrose joins Season 2 of Yellowjackets

Six Feet Under Star Lauren Ambrose joins Season 2 of Yellowjackets

August 12, 2022
Tosin Cole to star in new Netflix superhero series Supacell

Tosin Cole to star in new Netflix superhero series Supacell

August 12, 2022

Categories

  • Business
  • Dating Tips
  • Featured
  • Horoscope
  • k-drama
  • Korean
  • Lifestyle & Entertainment
  • Movie
  • NBA
  • News
  • Pro Wrestling
  • Science & Technology
  • Technology
  • World

Quick Contact

[contact-form to='[email protected]' subject='Footer Contact'][contact-field label='Email' type='email' required='1'/][contact-field label='Message' type='textarea'/][/contact-form]

The UBJ – United Business Journal

The UBJ Is content that is informative, entertaining, and relevant to its region. It offers news, sport, lifestyle, business & more

© 2022 The UBJ. All Right Reserved

  • About UBJ
  • Contact
  • Editorial Team
  • Privacy Policy
  • Disclaimer

No Result
View All Result
  • Home
  • World
  • Business
  • Lifestyle & Entertainment
  • Bollywood
  • Horoscope
  • Korean
  • NBA
  • Pro Wrestling

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Enable Notifications    OK No thanks