(1) You can't assume losing half of staff is a downside. RTO is a great solution for bloated companies which overhired during the pandemic. (2) On the flip side, RTO is only a lever for large tech companies who pay great salaries. Startups' advantage is that they can compete for talent by offering remote work that large companies are not willing to offer due to their large real estate commitments. You may just be bet…
Grindr didn't have a bloated staff. It had less than 200 employees, half that sw engineers. Tech stack is modern, solid and has no legacy code in it. It wasn't stripped to the bone, but now the company lost any fat it had, lost all muscle, and some bones in the process too.
The salaries were not high, but people enjoyed working there because they were at the same time helping the LGBT+ community which majority of employees were a part of.