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The war on remote work has nothing to do with productivity

the-sentinel-intelligence.com

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Re: The war on remote work has nothing to do with productivity

#22
> It's about debt on zombie office towers.

No. It's about total loss of the control of the one of the most effective productivity measurements those 'elites' ever had: BiC/h.

Zombie towers too, but the middle management don't (and won't ever) get any profit from the sqaure meters, so they eagerly support their top-level executives specifically because they no longer can imitate the vigorous activity of managing people and projects and with WFH it's became way too obvious. They literally don't know what they subordinates do.

PS: Butt-in-Chair, of course.

Re: The war on remote work has nothing to do with productivity

#23

Ok, so which “elites” are holding real estate portfolios and creating these stories in the media bashing remote work? Who are they? I don’t think the world is so coordinated. Some people made a bad bet on real estate. Some other people want to write click bait pieces about lazy workers. Some other corporate leaders are scared that employees are goofing off outside the office (because productivity can’t be measured fo…

It's all the people you'd expect, some purpose-built REITs, big investment firms and private equity, Blackrock, Blackstone and other wealth management, the larger investment banks and the commercial mortgage paper owners are also directly invested (double dipping just like we saw in 2008, where banks would buy mortgages and also leverage those mortgages with derivatives)

Many of them are some of the companies that wax lyrical about remote work being bad and are often featured in articles. Submarine PR is absolutely rampant alongside "native advertising".

Re: The war on remote work has nothing to do with productivity

#24

I’ve heard this argument before and I don’t buy it. By that, I mean it may be true (that people want to prop up real estate prices), but I don’t think that this is enough of an explanation. If it were just about real estate, then Amazon would not be calling for 5 days a week return-to-office. I don’t think real estate interests are powerful enough to push Amazon around and I don’t think they’re entrenched enough in A…

Can you please explain what you mean by employee attrition to a non-native English speaker?

They're hoping a bunch of people quit (instead of complying with the mandate) to reduce headcount/the negative PR of layoffs.

Re: The war on remote work has nothing to do with productivity

#25

Ok, so which “elites” are holding real estate portfolios and creating these stories in the media bashing remote work? Who are they? I don’t think the world is so coordinated. Some people made a bad bet on real estate. Some other people want to write click bait pieces about lazy workers. Some other corporate leaders are scared that employees are goofing off outside the office (because productivity can’t be measured fo…

[deleted]

Re: The war on remote work has nothing to do with productivity

#26
post #5

Ok, so which “elites” are holding real estate portfolios and creating these stories in the media bashing remote work? Who are they? I don’t think the world is so coordinated. Some people made a bad bet on real estate. Some other people want to write click bait pieces about lazy workers. Some other corporate leaders are scared that employees are goofing off outside the office (because productivity can’t be measured fo…

"You don't need formal conspiracies when interest converge" - George Carlin https://www.youtube.com/watch?v=VAFd4FdbJxs

Right, they don’t all have to fly to a secret island. They can just read each other’s blog posts. They understand the hierarchy, too. The smaller companies usually parrot whatever the “prestigious” companies do. “Google is doing it, so should we”. It’s like the saying “Nobody got fired for picking IBM”. Same for these trends: nobody gets fired for mimicking Google or Amazon, even though it doesn’t make sense or is downright harmful to the company.

Re: The war on remote work has nothing to do with productivity

#28

I’ve heard this argument before and I don’t buy it. By that, I mean it may be true (that people want to prop up real estate prices), but I don’t think that this is enough of an explanation. If it were just about real estate, then Amazon would not be calling for 5 days a week return-to-office. I don’t think real estate interests are powerful enough to push Amazon around and I don’t think they’re entrenched enough in A…

Can you please explain what you mean by employee attrition to a non-native English speaker?

[deleted]

Re: The war on remote work has nothing to do with productivity

#29
This is backwards. When covid started, the executives were saying that working from home will not affect productivity. They said zoom and slack are the new way to work. Some even said that productivity increased when people didn't have to commute. Some said people were working longer hours than earlier.

Now, all of a sudden, they realize their blunder. While the workers are happy, they are not. So now they will try to convince us that we are not productive enough, or that some of us are slacking, or that we have stopped innovating, or another 50 reasons for which going to the office will help us.

More recently, they have realized that they are not fooling anyone. So now they are threatening lower pay or layoffs for those who refuse to come back.

Re: The war on remote work has nothing to do with productivity

#30

Ok, so which “elites” are holding real estate portfolios and creating these stories in the media bashing remote work? Who are they? I don’t think the world is so coordinated. Some people made a bad bet on real estate. Some other people want to write click bait pieces about lazy workers. Some other corporate leaders are scared that employees are goofing off outside the office (because productivity can’t be measured fo…

I would agree, but... Didn't we just see a giant string of mass layoffs in spite of excellent company performance for no apparent reason besides investors wanted them? I rarely believe in conspiracies, but mindless group-think is very real.

> no apparent reason besides investors wanted them?

If investors want it, I don’t see why any other reason would be necessary, ever, to explain a company’s behavior.

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