Remote First at Brex
medium.com
Remote First at Brex
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Re: Remote First at Brex
#2> Henrique used to play an online game called Ragnarök
I feel like this was a rite of passage for an era of Brazilians.
Re: Remote First at Brex
#3This seems like a big deal. More and more companies are transitioning to Remote First....
Re: Remote First at Brex
#4Brex laid off a significant portion of their staff earlier this year. It sounds like they are trying to save more money by getting rid of their expensive office space in Manhattan and SF
https://techcrunch.com/2020/05/29/brex-the-credit-card-for-s...
Re: Remote First at Brex
#5This isn't really related at all, but I've always considered "Brex" to be a strange name considering https://en.wikipedia.org/wiki/Bre-X
Re: Remote First at Brex
#6Brex laid off a significant portion of their staff earlier this year. It sounds like they are trying to save more money by getting rid of their expensive office space in Manhattan and SF https://techcrunch.com/2020/05/29/brex-the-credit-card-for-s...
Make sense.. offices are not being used while staff is as productive (probably not as happy though? but that's case by case) at home. A lot of offices may go bankrupt in the coming years, even when this whole thing is over.
Re: Remote First at Brex
#7[deleted]
Re: Remote First at Brex
#8A service that does planning and execution of off-site meetups for remote companies is a great business idea. Essentially, travel agency/event planning for remote first companies.
Once we're past COVID, a lot of companies are going to stick with remote first and making the planning of off-sites easy seems like a must need service.
Re: Remote First at Brex
#9Brex laid off a significant portion of their staff earlier this year. It sounds like they are trying to save more money by getting rid of their expensive office space in Manhattan and SF https://techcrunch.com/2020/05/29/brex-the-credit-card-for-s...
Make sense.. offices are not being used while staff is as productive (probably not as happy though? but that's case by case) at home. A lot of offices may go bankrupt in the coming years, even when this whole thing is over.
Its just interesting to see all these layoffs and cost cutting measures right after they raised a ton of money.
In case you are unaware, Brex's business model is to lend money to startups. The kicker is they lend money to startups that banks and investors won't touch. They advertise themselves as a tech company but in reality they are closer to a high risk VC firm.
Re: Remote First at Brex
#10Brex laid off a significant portion of their staff earlier this year. It sounds like they are trying to save more money by getting rid of their expensive office space in Manhattan and SF https://techcrunch.com/2020/05/29/brex-the-credit-card-for-s...
I'm not sure remote first is actually cheaper when you factor in off-sites and WFH stipends. From the article:
With that in mind, we decided to have office hubs in the major cities (starting with SF, NY, SLC, and Vancouver), where employees can work whenever they want. Our office hubs will also be important for those who miss the daily physical interactions and in-person collaboration of an office.