Tokyo-based Overflow Inc.’s commercial lease was set to expire in July and founder Yuto Suzuki had made plans to move to a larger property. But as cases of the new coronavirus began to rise in March, the 34-year-old made a drastic decision: He took the startup and its 270 workers completely — and permanently — remote.
Overflow operates an online financial planning service along with a job-matching platform for IT engineers. Most of Suzuki’s employees are freelancers who were already teleworking, so a physical office space made little practical and economical sense.
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