Bengaluru: With the work-from-home model becoming the new trend following the surge in novel coronavirus cases, Zerodha CEO Nithin Kamath on Saturday voiced his opinion in the same regard stating the answer to many of the country’s problems lies in moving away from the large cities.
Kamath said “the only long-term fix is for as many of us to move away from large cities” currently.
“While we all work together to figure out what we can do to help in the current situation, I think the only long-term fix is for as many of us to move away from large cities. This is the answer to many of India’s problems. And now is probably the right time to work towards it,” he tweeted.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">While we all work together to figure out what we can do to help in the current situation, I think the only long-term fix is for as many of us to move away from large cities. This is the answer to many of India’s problems. And now is probably the right time to work towards it. 1/5</p>— Nithin Kamath (@Nithin0dha) <a href="https://news.abplive.com/business/monetary-policy-committee-raises-concerns-says-rising-covid-cases-risk-to-economy-recovery-rbi-1454322">April 24, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Kamath said Zerodha, India's biggest stock broker offering the lowest, cheapest brokerage rates for futures and options, commodity trading, equity and mutual funds, is already in the process of transitioning as many employees, as possible, to permanent work from home.
“We are in the process of transitioning as many people as possible to permanent WFH so that we can enable this move out of large cities for those who haven’t, & make it permanent for those who have already moved,” he wrote on the micro-blogging platform.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">We are in the process of transitioning as many people as possible to permanent WFH so that we can enable this move out of large cities for those who haven’t, & make it permanent for those who have already moved. 4/5</p>— Nithin Kamath (@Nithin0dha) <a >April 24, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Kamath further said the company is now hiring for permanent work from home positions for its customer support team and soon for other teams as well.
READ: RBI's Monetary Policy Committee Raises Concern, Says Rising Covid Cases Risk To Economy Recovery
“We are also now hiring for permanent WFH positions for our Customer support team & soon for other teams as well. I'm hoping that other businesses who can, will also move whatever jobs possible to permanent WFH and nudge their teams to make this transition,” he tweeted.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">We are also now hiring for permanent WFH positions for our Customer support team & soon for other teams as well. I'm hoping that other businesses who can, will also move whatever jobs possible to permanent WFH and nudge their teams to make this transition. 5/5</p>— Nithin Kamath (@Nithin0dha) <a >April 24, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Thousands of employees have moved back to their hometowns and are working from home for their respective companies following the unprecedented surge in Covid-19 cases in big metropolitan cities.