Reporting Accounts - news and updates

Reporting Accounts - news and updates


Spotify and home working

February 12, 2021

Spotify the popular Swedish streaming service has been in the news today, it is introducing flexible working so its employees have greater choice worldwide of where they choose to work and a option of workplace or home also.
This follows from similar announcements by Microsoft, Twitter and Facebook, and whilst more straightforward for a digital company such as Spotify it does have implications for the wider economy.   A large proportion of business costs relate to the workplace, so in future companies may choose to save this by not having the convential city centre office.  This in turn has implications for the footfall of shopping areas and changes potentially the whole dynamic of where people live and work.
This is a welcome development and one which other companies are likely to follow.
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