Digital technologies had entered finance in the late 20th century, pushing markets into cyberspace and enabling most financial work to be done outside the office – in theory. “In the New York office, tensions were running high between the onsite employees of rival outsourcing vendors,” Ensworth later wrote. But what would happen to the business of sense-making at work if humans were suddenly prevented from working face to face? Before the pandemic, most of the Indian people he interviewed were so ashamed of their domestic spaces that they preferred to meet in a research office, he explained. Beunza was not surprised to hear that the financiers were eager to get traders back to the office as soon as they could; nor that most had quietly kept some teams working in the office throughout the crisis.

Source: The Guardian June 03, 2021 04:52 UTC