Remote teams can work in multiple different setups. A co-located company can introduce Work from Home (WFH) days for example, where a few employees work from home one day per week. A fully distributed company does not have a head office, and acts remote-first.
A hybrid team usually consists of a head office – or headquarter – where the largest percentage of employees work from. Additionally, the company has a few remote employees all around the world, usually not making up more than 50% of the company, though.
Hybrid teams are one of the more popular setups, with management and founding team often located in a tech hub, and teams scattered around the world.