  COVID 19 pandemic has disrupted the global market and workplace landscape. As
a response, hybrid work situations have become popular in the software business
sector. This way of working has an impact on software companies. This study
investigates software companies responses to hybrid working. We conducted a
large scale survey to achieve our objective. Our results are based on a
qualitative analysis of 124 valid responses. The main result of our study is a
taxonomy of software companies impacts on hybrid working at individual, team
and organisation levels. We found higher positive responses at individual and
organisational levels than negative responses. At the team level, both positive
and negative impacts obtained a uniform number of responses. The results
indicate that hybrid working became credible with the wave of COVID 19, with 83
positive responses outweighing the 41 negative responses. Software company
respondents witnessed better work-life balance, productivity, and efficiency in
hybrid working.
