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Barry Diller thinks companies will move to a standard of four days in office with Friday flexible

Barry Diller attends the world premiere of “Liberty: Mother Of Exiles” at NYIT Auditorium on Broadway on October 7, 2019 in New York City.

Monica Schipper/Getty Images

Businesses could eventually move to four days in person, with a flexible Friday option, according to Barry Diller.

“It’s madness,” said the IAC and Expedia’s president of the work-from-home and in-person suit line during an interview with CNBC’s “Squawk Box” on Thursday. “That’s what’s going to lead – I think it’s reasonable – not necessarily to a four-day work week, but to four days in the office, and on Friday you can work from home or work on your own schedule .”

In the wake of the Covid-19 pandemic, companies have turned to flexible work schedules, but the multitude of options has created some “chaos” in businesses, according to Diller.

“I think it will be a reasonable evolution of all of this, but it needs to be standardized,” he said. “You can’t have 17,000 different programs, because how do you manage everything around it?”

Diller is not the only investor calling for a more flexible labor standard. In an interview Wednesday with CNBC’s “Squawk Box,” Mets owner Steve Cohen said the growth of artificial intelligence could lead to a shortened four-day work week.

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