I think the companies were lying to us when covid started. They said working from home was awesome and we could still do our jobs well so investors wouldn't get scared. But now they want us to come back to the office and they say working from home is bad for us. They are just trying to trick us into doing what they want.
I mean, it's just capitalism. Beginning of the pandemic: thank god for remote work, don't worry investors we're not going out of business. End of pandemic: welp, I have to justify my position and why we're paying all this real estate get back in the office so I can micro-manage you and create useless meetings no one needs so no one realizes that I don't really do anything around here.
A lot of these companies are locked in to 5,10 or 20 year leases. If they were sensible they'd just eat the loss and take the extra productivity and happier staff, but that's not how the corporate hivemind works. They're paying rent so they have to justify it by having bums on seats, or they're bleeding money for what looks like no reason.
Most of them get tax breaks from the city, but only if they maintain a minimum occupancy. So they've lost their tax breaks and they want them back. As always, it comes down to money.
Productivity was never the point of work. Increases in productivity thus was never a boon to those in charge.
Search Bloomberg and remote lol
I will not, but I'm guessing they're all opinion pieces by people who own massive business real estate holdings (directly or through a hedge fund they run) and think "getting back to work" is good for the American spirit, or something.
I've actually still been seeing positive news
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