Earlier quoted context omitted.
> real-estate value Separately but simultaneously, there are often local tax-benefits which depend on the company "creating jobs", and that's often defined in a way that means butts-in-offices downtown.
Ding ding ding … this is the most overlooked aspect of the RTO/WFH dynamic.
The hidden layoff round is also high on that list if you ask me. They call everyone back to the office, the people that dont want/cant will not adhere, and thus be fired without the companies having to pay severance.