Starbucks ended its remote work policy for corporate headquarters staff in 2023, drawing criticism for granting its new CEO a remote work arrangement during a time where in-office expectations are growing.
Many CEOs, including Ted Pick, emphasize that the term 'pause' signals a need for careful reflection before significant business decisions are made, highlighting the tension in the current economic climate.
"We are taking these difficult but necessary actions as we restructure 23andMe and focus on the long-term success of our core consumer business and research partnerships," said CEO and co-founder Anne Wojcicki in a press release.