• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
Techreturn to office

This tech CEO who earned $29 million last year doesn’t care where his staff work—he’s one of the bosses leading the return-to-office resistance by example

Ryan Hogg
By
Ryan Hogg
Ryan Hogg
Europe News Reporter
Down Arrow Button Icon
Ryan Hogg
By
Ryan Hogg
Ryan Hogg
Europe News Reporter
Down Arrow Button Icon
October 28, 2023, 5:00 AM ET
Matt Mullenweg (left) and Jaff Maggioncalda speaking at separate summits.
Matt Mullenweg (left) and Jaff Maggioncalda are sticking to a remote-first workforce as other bosses backpedal.Brian Ach—Getty Images for TechCrunch; Eóin Noonan—Sportsfile for Web Summit/Getty Images

Once upon a time Jeff Maggioncalda ground his teeth at the idea of his staff working from home one day a week.

Recommended Video

But now the CEO of the $2.6 billion online-learning platform Coursera is a remote work convert: he says the business retains talent for longer and finds it easier to hire high-quality candidates.

Speaking to Fortune in October, Maggioncalda revealed he was winding up a whistle-stop tour of Europe and the Middle East, visiting Dubai and Saudi Arabia over the course of a few days.

Maggioncalda altered his sleep patterns to be available to colleagues in various time zones when needed—maybe grabbing a 45-minute nap in an airport lounge or waking up at 3 a.m. to conduct Coursera’s all-hands meeting.

The CEO leads by example. Since COVID-19, Coursera and its 1,400 employees have been remote-first, with the company meeting up about eight times a year but encouraging staff to work most days anywhere they like.

Maggioncalda, who earned more $29 million last year (the majority in stock awards) to oversee the major e-learning site which partners with Google and DeepLearning.AI, says he doesn’t know exactly where most of his workers are at any given time. 

Some are still working near the company’s hub of Silicon Valley or at other offices across the globe—others could be getting lost in a van in the countryside.

As he speaks about his scattered employees, Maggioncalda remembers he needs to update his Slack location from Riyadh to London—freedom of movement is a perk evidently shared between the CEO and his employees.

From remote work critic to advocate

It’s hard to imagine this is the same person who in 2019 apparently hated the company’s ‘No Meetings Wednesdays,’ allowing staff to work from home one day a week.

The policy was intended to offset the “brutal” commutes faced by his staff to get into Silicon Valley, Maggioncalda says, but it was hard to stomach.

“I said: ‘You can do what you want, but I’m going to work,’” Maggioncalda tells Fortune, admitting he had suspicions about what staff were up to once a week.

“Do people have the discipline to focus as much of their time and attention on the work that needs to get done?” Maggioncalda recalls thinking.

But when COVID-19 struck, Maggioncalda’s fears were put to bed. He was amazed that the company was able to consistently hit its targets while communicating entirely through Zoom calls.

Maggioncalda has since been convinced to make Coursera a remote-first company because of how it’s affected staff satisfaction, and how it’s revolutionized Coursera’s recruitment of talent by looking outside the confines of San Jose.

“If you require people to come into the office, and you don’t have offices everywhere in the world, you can either only hire people who are proximate to your office, or you have to relocate people to your office.

“Your talent pool is much, much, much more narrow,” he continued.

Now, Maggioncalda says, most of his execs are based across the US, while the company’s head of enterprise is in France. 

CEOs bite back 

There has been a clear sea change in the debate about where people work. 

Despite protests from workers, CEOs of the world’s biggest companies are increasingly starting to play the mood music on an eventual return to five days a week in the office.

An October survey of 400 bosses by KPMG found that 62% thought jobs that were in-person before the pandemic would be back in the office by 2025.

Maggioncalda is one of a shrinking minority of CEOs resisting calls to get staff back to their desks. His trajectory toward embracing work from home is more striking as other bosses retract their openness to the concept, take Salesforce boss Marc Benioff and Meta co-founder Mark Zuckerberg.

Execs looking for remote work

Other CEOs who got a head-start on shunning the office still appear as keen on the movement as ever.

Matt Mullenweg, the co-founder of WordPress and CEO of Tumblr owner Automattic, could be regarded as one of the Founding Fathers of remote work.

Automattic has been “distributed” since Mullenweg started the company in 2005. Mullenweg’s 2,000 employees are stretched out across 98 countries.

Other perks, like the option to work fewer days on less pay, are also ahead of the corporate pack.

Like Maggioncalda, Mullenweg finds ways to meet up with his employees a few times a year, and views communication as key to a successful dispersed workforce.

“If a company were coming to me and saying ‘Hey, this isn’t working,’ I would start to dive into what sort of training are they doing? What’s their meeting culture? How do they communicate?” Mullenweg said, speaking to Fortune from one of those meetups in Malaga, Spain. 

Mullenweg might already be starting to reap the benefits of employee resistance to returning to the office, describing Automattic’s retention rates as “off the charts.” 

Mullenweg says Automattic has seen a surge in applications from execs in the past six months, which he doesn’t think is a coincidence. By comparison, Mullenweg says the company has had a tougher time hiring systems administrators, who have broadly managed to stay remote. 

Both Maggioncalda and Mullenweg accept that some jobs might just be better done from an office, or that some companies may never be able to achieve the same results over Zoom.

However, the Automattic co-founder wonders whether remote work is being used as a scapegoat for other issues within an organization, adding by the time staff are back in the office five days a week, it might be too late to fix them.

“What they’ll find is when they force people back into the office some of these problems will still be there because to be honest, it’s possible to be unproductive in an office,” Mullenweg said.

“I feel like that question of whether we’re being productive and effective is orthogonal to necessarily where we’re working from.”

About the Author
Ryan Hogg
By Ryan HoggEurope News Reporter

Ryan Hogg was a Europe business reporter at Fortune.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months
ConferencesBrainstorm Tech
The head of Claude Code hasn’t ‘written a line of code by hand’ in 8 months
By Nick LichtenbergJune 11, 2026
2 hours ago
Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff
AIBrainstorm Tech
Stranded on a Denver tarmac, Booking.com’s CEO envisions the AI that should have rerouted him to Aspen before takeoff
By Sydney LakeJune 11, 2026
3 hours ago
Shaun White, wearing a jacket with a fur-lined hood, looks up.
SuccessBrainstorm Tech
Olympic champion Shaun White says AI is ‘leveling the playing field’ for professional athletes
By Sasha RogelbergJune 11, 2026
3 hours ago
Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders
SuccessWealth
Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders
By Preston ForeJune 11, 2026
3 hours ago
ice
LawImmigration
Westchester County built a 600-camera plate reader network that shared 1.6 billion scans with ICE, lawsuit says
By Byron Tau and The Associated PressJune 11, 2026
4 hours ago
brazil
Arts & EntertainmentWorld Cup
Brazil’s biggest soccer broadcaster Is now a guy who started on Twitch. He beat Globo
By Nick Lichtenberg, Tales Azzoni and The Associated PressJune 11, 2026
4 hours ago

Most Popular

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
By Sasha RogelbergJune 10, 2026
24 hours ago
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
3 days ago
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
Innovation
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
2 days ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
3 days ago
Current price of oil as of June 10, 2026
Personal Finance
Current price of oil as of June 10, 2026
By Joseph HostetlerJune 10, 2026
1 day ago
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.