Word: evening
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Dates: during 2000-2000
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...germ of a counterrevolution brewing? On the surface, not really. From corporate behemoths like Alcoa to midsize ad agencies to tiny Web designers, companies are still opting for open-plan offices. More companies, like Ogilvy & Mather in Los Angeles, now boast that not even their CEO has a door. Some have backtracked a little and provide sequestered spaces for the few, cubicles for the many. But most open-plan proponents still deride walls as barriers to the creative teamwork demanded by a high-speed economy...
...Even when corporations claim to love the open plan, observes Seppy Basili, a co-founder of marketing firm Learning Brands, eliminating private offices is not "sincere." His company, he notes, moved from one large room without enclosures to new space with five (doorless) offices for managers. "Hierarchy is a reality," he says, "and there are times when senior staff absolutely need privacy to talk to investors or discuss personnel issues...
Retreats like these are on the rise in the newest high-end offices, but even the best do not have enough of them. McGee still raves about the adrenaline buzz and spontaneity of his shop. He laughs when asked where he fires people. "I take them on a long walk," he says...
...really solve the attention problem, many workers are taking an even more radical step: they are leaving the office. With their companies' blessing, more and more of them are working at home, at least part time. Little wonder, says researcher Brill, given how hard it is to concentrate in these places, no matter how young and hip you are. His son Zeke is a good example...
...July, Citigroup, whose Citibank is the largest issuer, said it would settle a class action accusing two Citi-owned banks of declaring many payments late and assessing late charges even if they were received on the due date. The bank pleaded innocent, but to avoid litigation, it is shelling out a $45 million settlement, $18 million of which will go to cardholders who file claims...