Nationwide to shift 4,000 workers to permanent remote work

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Nationwide Mutual Insurance Co. on Wednesday announced it will close most of its smaller offices by November and transition those employees — about 4,000 people — to permanent work-from-home status, Columbus Business First reported. (subscription required). Nationwide said in a news release that its four main campus locations, including Des Moines, will remain open. The company, which posts nearly $50 billion in annual revenue, had about 5,000 employees working from home before the pandemic, so once the move is done, about 30% of its 28,000 employees will be working from home full time. The offices whose physical locations will close are in Florida, Pennsylvania, North Carolina, Wisconsin and Virginia. “I think this is the future,” CEO Kirt Walker told Columbus Business First. “We are learning as we go, but I can see us being 50% work-from-home some day.”