Yelp closes three US offices, says remote work is its future

Yelp closes three US offices, says remote work is its future

Yelp closes three US offices, says remote work is its future Yelp is closing three of its U.S. offices after finding most of its employees prefer to work remotely. In a blog post Thursday, Yelp Co-Founder and CEO Jeremy Stoppelman said the company will close its offices in New York, Washington and Chicago on July 29. The online review and reservation company also plans to downsize its office in Phoenix. The offices the company is closing were its most “consistently underutilized,” with only about 2% of workspaces in use each week, Stoppelman said. San Francisco-based Yelp announced a remote-first work model in February 2021. Stoppelman said Yelp has proven it can be successful with a remote workforce, noting that the company achieved record revenue of just over $1 billion in …
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