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Google is saving $1B per year as a result of employees working from home

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Re: Google is saving $1B per year as a result of employees working from home

#281
post #4

Google may save $1B this year on the P&L, but I can assure you that a large cohort of employees are vastly less effective (especially parents!). Time will tell how wfh pans out in terms of long-term enterprise value creation, after confounding variables (i.e. COVID) are removed. Source: A lot of my Googler friends are itching to get back into the office -- whether parents or people whose social lives centered around…

I'm a parent, who does WFH, and definitely disagree about the preferability of office work. Sure my kids will occasionally pop their heads in the door to say hello. I guess that's an occasional distraction, which has some small productivity cost. You know what hurts productivity more? The soul-crushing experience of missing out on watching your kids grow up because you're spending all day in an office or commuting. I…

This. My daughter is a month old now and while that does require me to chop my day into pieces so that I can take care of her, I can't imagine being out for 10h a day.

Re: Google is saving $1B per year as a result of employees working from home

#282
post #263
post #195

Earlier quoted context omitted.

That's just nonsense. Australia has had one of the harshest lockdown measures in the developed world and we're quite Corona free at the moment. We're living in our own little bubble. Everyone who could, had to work from home during the lockdown. Everyone else was supported by a salary equivalent payment from the govt. Now, people are back at work. But when it can be done from home, most people are still choosing to d…

I think it will be interesting to see how some of the companies in Australia with head offices in the US go over the next year. There are signs from the FANG (well “GA” here, the rest effectively don’t exist) will push for people back in offices. On the flip side Atlassian just came out and said the reverse. https://www.smh.com.au/business/small-business/four-times-a-...

Microsoft has also said that they're envisioning a permanent work from home setup. Some people I know just gave up their apartment in Washington and moved to our small city in the midwest because even after MS adjusted his salary down he's coming out way ahead.

Re: Google is saving $1B per year as a result of employees working from home

#283
post #213

Earlier quoted context omitted.

If Google saved that much money and the business didn't see a considerable negative impact (34% increase? Quite the opposite in fact.), then that news should be telling not just for Google, but for every company that previously catered to spoiled employees who jump on an airplane just to have lunch with the customer. Two lies COVID has forcibly flushed out and helped dispel: Lie #1: Remote work, cannot work. Lie #2:…

Your "lies" are missing the "outside of a pandemic" qualifier.

What are your reasons for assuming business travel is a necessity outside a pandemic?

Why do you think remote work is only feasible during a pandemic?

Re: Google is saving $1B per year as a result of employees working from home

#284

Earlier quoted context omitted.

Once an employee has built a report with their team, knows their roll, is fully trained, properly equipped, and demonstrates proficiency at their job..... then I'm cool letting staff work from home. I suspect Google has the leadership, supervision, and infrastructure to do all those things at a large scale. Unfortunately for my crew I find brining everyone in is waaaaay more efficient....carbon emissions aside.

> Once an employee has built a report with their team, knows their roll Did you mean "rapport" and "role"? Because that sentence was a bit confusing.

Also, "brining everyone in"? They are all going to be very salty after that... :)

Re: Google is saving $1B per year as a result of employees working from home

#285

Earlier quoted context omitted.

I was the biggest advocate for WFH in the last year but recently I feel pretty down. Life feels so repetitive. Part of it is possibly lockdown, but a bigger part I think is that I have way more free time to think about things. All the shitty things about open office and commuting seemed to serve as a distraction that kept me more occupied. It's weird. I'm not saying WFH is bad, but there are definitely some effects t…

For me it's slacking of at the office without feeling guilty. Taking 10 minute coffee breaks, walking 5 minutes to the next toilet. At home I have far less interruptions and feel the need to be constantly available in Teams.

That's just your own private imaginary wall that you built up in your mind. Nobody else had a hand in putting it there.

Just tear it down and resist the urge to be always available. It gets much easier over time, I promise.

Re: Google is saving $1B per year as a result of employees working from home

#286

Earlier quoted context omitted.

This assumes the presence of enough office demand to replace a Google sized company in the markets they lease in. It’s not clear that this is true. US vacancies are projected to be 19.4% nationally. On top of that, there isn’t exactly another Google-sized employer waiting in the wings over in Mountain View.

With re-zoning this won't be a problem. Just rezone it to residential. or residential/commercial.

Imagine how much nicer the cities of the world would become with many of the offices turned into residential. There would be a rebirth of local community.

Re: Google is saving $1B per year as a result of employees working from home

#287
post #202
post #118

Earlier quoted context omitted.

Like one expense they saved on is sending out recruiters and engineers to likely thousands of career fairs, recruiting sessions, etc. Nobody would reasonably argue that skipping all of them is a sustainable strategy long term even if it hasn't hurt them much so far.

Oh, it is causing pain already. Recently I pitched to a friend fixing a component as a great project for a very junior engineer. Only to find out that neither his nor my team has any sufficiently junior engineers on hand. So the oceans will keep getting ever so slightly boiled until we hire some, or one of the too senior engineers runs out of more important things to do. Sure it won't bring Google down right away, bu…

Just do the needful like you always do.

Re: Google is saving $1B per year as a result of employees working from home

#288
post #10

There's a lot of employee travel at big companies. Many times of the year you can hardly book a hotel room around Mountain View/Sunnyvale/Palo Alto. I think the pandemic has shown how non-essential a lot of that really was.

Google isn't exactly a penny pinching small business, and for now, while the getting is good, they don't need to act like one.

Re: Google is saving $1B per year as a result of employees working from home

#289

Earlier quoted context omitted.

With re-zoning this won't be a problem. Just rezone it to residential. or residential/commercial.

Imagine how much nicer the cities of the world would become with many of the offices turned into residential. There would be a rebirth of local community.

With many of those offices gone, many people simply won't live in those cities. There seems to be an assumption here that people want to live in cities, but that's certainly not true across the board.

Re: Google is saving $1B per year as a result of employees working from home

#290
post #81

Google is saving $1 billion per year because of COVID-19, not because employees are working from home. This is literally mentioned in the article, but the headline is twisted (for clicks no doubt): > During the first quarter, Google parent Alphabet Inc. saved $268 million in expenses from company promotions, travel and entertainment, compared with the same period a year earlier, “primarily as a result of COVID-19,” a…

It's also not counting any repercussions, short or long term. I don't know Google but several other friends have told me productivity is down at their companies significantly with WFH.

Also, if it's just about the perks mentioned, those perks might be part of what retains employees.

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