One of Turkey's largest conglomerates, Koç Holding will be switching some 35,000 employees to permanently work from home, CEO Levent Çakıroğlu said in a meeting with top executives during the last week of December, the company's PR bulletin reported.
Koç Holding staff have been working from home since March 2020 when the COVID-19 pandemic started in Turkey, Çakıroğlu noted, adding that some employees have been on a flexible work schedule during this period.
"Working from home will become a permanent practice for 35,000 of our friends who work in offices," the administrator said.
Working from home eliminates the time employees spend commuting, and decreases the need for office space and transportation within the company, Çakıroğlu added.
"There's great potential for employee satisfaction and efficiency."
Koç Holding is active in the energy sector, finance and industrial production, including automotive manufacturing. Meanwhile, the conglomerate also owns one of the more prestigious private universities in Istanbul.