The billion-dollar company CEO told employees during the Covid-19 era: 'Don't stress about work'
CEO Slack tells employees not to stress about work, take care of your family and yourself in the context of Covid-19 outbreak around the world.
"I want to repeat and emphasize what I said: don't stress about work." That's a message sent by CEO Stewart Butterfield to all of Slack employees - a billion-dollar technology company.
As the Covid-19 pandemic spread throughout the United States and around the world, Butterfield shared with his employees: 'We understand this. Take care of yourself, take care of your family, become a good partner. It does not matter if you have to reduce working hours or irregular work. Take a break if needed. '
CEO Slack said he saw the children of colleagues through video calls. 'We can give employees a little more freedom and everyone will be understood and sympathetic - we are all human and are going through this situation,' he said.
Unlike many businesses that are on the verge of bankruptcy due to a pandemic, Covid-19 is a growing opportunity for this messaging application company. As a series of businesses around the world moved to work remotely to avoid spreading corona virus, Slack became an important and popular connection tool.
Ending the trading session on March 26, Slack's market capitalization is at 15.9 billion USD. The company has more than 110,000 paying customers. Currently 100% of Slack employees in 18 offices around the world (2,000 people) are working from home. Employees receive a grant of US $ 500 to arrange a convenient and comfortable home work place
According to billionaire Mark Cuban, in a time of pandemic and when the market is highly volatile, the treatment of company leaders will be 'scrutinized' very carefully. Business owners should not ask employees to go to work as usual too early.
'It is not only a safety issue, it is also a business issue,' the famous investor of the Shark Tank program said.
Mark Cuban thinks that the way companies respond will define their brands for decades. 'If you don't care about employees / shareholders and put them first, people will value your company like that.'
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