11–20 of 82 posts
The real reason CEOs want people back in office is 100% because they are broadly part of the same socio-economic class that owns the vast majority of commercial real estate around the world. They and their friends and family own all the commercial real estate, and high vacancy rates are are hurting their bottom lines and reducing the rate at which their property values increase, so they want people back in the office…
Earlier quoted context omitted.
> The problems with voluntary layoffs like that is the most competent people are always the first ones to quit. Rather, the ones who have the easiest time finding a new job will often be the first ones to quit. These are not necessarily the most competent ones because, for example, people who are better at self-promotion often do have it easier to find a new job, without necessarily being more competent.
> Rather, the ones who have the easiest time finding a new job will often be the first ones to quit. Doesn't that mean the layoff is as humane as possible? It means you inflict the least amount of suffering you could.
The real reason CEOs want people back in office is 100% because they are broadly part of the same socio-economic class that owns the vast majority of commercial real estate around the world. They and their friends and family own all the commercial real estate, and high vacancy rates are are hurting their bottom lines and reducing the rate at which their property values increase, so they want people back in the office…
The real reason CEOs want people back in office is 100% because they are broadly part of the same socio-economic class that owns the vast majority of commercial real estate around the world. They and their friends and family own all the commercial real estate, and high vacancy rates are are hurting their bottom lines and reducing the rate at which their property values increase, so they want people back in the office…
I've heard this before, but would the actual collusion mechanics be to make this happen? Like, my landlord buddy golfing just won't stop pestering me about getting my company to return to office so I convince the board of my company to do it?
The real reason CEOs want people back in office is 100% because they are broadly part of the same socio-economic class that owns the vast majority of commercial real estate around the world. They and their friends and family own all the commercial real estate, and high vacancy rates are are hurting their bottom lines and reducing the rate at which their property values increase, so they want people back in the office…
"My advice to the many CEOs tasked with this decision? Just own it." It would be nice if we could get this level of honesty from CEOs - but let's not pretend that firing people is the only driver for RTO. Some other motivations include: - We took a tax break that specifies some level of in-office time per employee and we already spent the money - We're getting pressured from local governments to bring customers into…
> We're getting pressured from local governments to bring customers into the city to spend money at local businesses
Extremely interested in any examples if you have them handy.
If I'm in the office simply because of a tax break, then I feel I'm productive and revenue-generating by doing absolutely nothing while in said office. I mean they could hire homeless people to do that and solve a lot of problems at once.
"My advice to the many CEOs tasked with this decision? Just own it." It would be nice if we could get this level of honesty from CEOs - but let's not pretend that firing people is the only driver for RTO. Some other motivations include: - We took a tax break that specifies some level of in-office time per employee and we already spent the money - We're getting pressured from local governments to bring customers into…