Remote Workers Get Bad News [Video]

There’s bad news for some remote workers who have gotten comfortable with their work from home arrangements: The end might be near.

More than two-thirds of professional companies in America said their new job ads will no longer have the option of fully remote work this year, according to a survey of 700 companies by international recruitment consultancy Robert Walters.

Many companies are looking to get their staff back into the office, with just under half, or 44 percent, of hiring managers saying they would be “willing to wait” for the right applicant who is willing to commute to the office, the survey said.

“When it comes to employees, it’s all about the return on investment, and some companies are finding the return on their employees opting for remote work to not be as great as once thought,” Alex Beene, a financial literacy instructor at the University of Tennessee at Martin, told Newsweek.