Hybrid Work and Timeshares

I recently read that some companies with hybrid work schedules are starting to rent space on a timeshare model.  For example, one company has the space Mondays, Wednesdays, and Fridays.  Another company has the same space on Tuesdays and Thursdays.

This model works especially well for start-ups, who tend to only need laptops and cloud access.  It probably isn't appropriate for companies that store a lot of confidential materials on site.

© 2022 Praveen Puri

Silicon Valley Hiring phD Economists

A new trend: phD economists are now in demand in Silicon Valley.

According to a recent Economist article, in 2020, one in seven new phD grads went to work at tech companies (up from less than 1 in 20 in 2018).

Also:

• This year, Meta awarded its coveted research fellowship to a grad student in economics.  Previously, it went to computer scientists, engineers, physicists, and statisticians.
• Amazon now has 400 full time economists on staff.
• Last year, Uber hired a fifth of Harvard's graduating economics phD class.

Tech companies are hiring them to work on business problems such as pricing, product development, and strategy.  They also value their skills in working with data and stats.

© 2022 Praveen Puri