CEO of $8 billion Flexport blasts remote work as ‘white-collar fraud’ and a ‘total fantasy’ for highly paid employees

Flexport CEO Ryan Petersen criticizes remote work as 'white-collar fraud,' arguing it is impractical for employees with children at home. His company, which grew to $8 billion in valuation during the pandemic, now requires in-office work five days a week. Petersen's comments sparked backlash from parents and other founders.