HomeBusinessKevin O'Leary: Four-Day Workweeks Are the 'Stupidest Idea'
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Kevin O’Leary: Four-Day Workweeks Are the ‘Stupidest Idea’

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AI is already altering the office, from taking up the duties of junior staff to creating PowerPoints in your house. Some consultants counsel AI might assist remove wasteful work time and, in flip, reduce a whole day from the workweek. And it is not such a far-fetched thought anymore.

After analyzing 245 companies and nonprofits that piloted a four-day workweek during the last three years, a brand new research discovered that working one much less day per week improved staff’ psychological well being and boosted the companies’ backside line. Furthermore, Iceland adopted a four-day workweek in 2019, and Australia and France have piloted applications. Atom Financial institution within the U.Okay. has a four-day workweek — and staff may even be absolutely distant, in the event that they select.

Associated: Here is How Eliminating a Workday With out Slicing Pay Impacted Tons of of Companies

However do not inform this to Kevin O’Leary. Regardless of being a distant work fanatic who typically does interviews from his lodge room in pajama pants, eliminating a day of labor through the week is out of the query.

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“That is the stupidest thought I’ve ever heard,” O’Leary mentioned on “Outnumbered” on Fox Information after being requested for his ideas on four-day workweeks. “There is not any such factor as a piece week anymore anyway, in a digital financial system.”

O’Leary mentioned about 40% of his workers “work remotely all world wide” and that “it is project-based,” noting that he solely cares concerning the work getting executed, not the place or when his workers is engaged on it.

“Are you able to get it executed by the fifteenth of June? ‘Sure, I can.’ I do not care whenever you do it, four-day, three-day, five-day,” he mentioned.

Associated: AI Is Dramatically Reducing Entry-Stage Hiring at Huge Tech Corporations, In keeping with a New Evaluation

We do not count on the brand new research knowledge to vary O’Leary’s thoughts, both.

Final 12 months, Kickstarter CEO Everette Taylor instructed O’Leary that his staff and their four-day workweek (adopted in 2021) are “very productive,” and engagement is up 50%.

It would not appear to be O’Leary was swayed.

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