Earlier quoted context omitted.
RTO mandates are about many things, but actual business value of being in the office to the business doing the mandate is low on the list. Among the things it is about: (1) Executives with emotional attachment to certain leadership styles that are enabled by physical presence, (2) Interest in the investor class for the commercial real estate market. The business impacted may not be invested in it, but the businesses’…
2 and 3 aren't real. Nobody gives a damn about their shareholders other investments, and no one company has the numbers to save them anyway. And nobody is dumb enough to do RTO as a layoff proxy because anybody with a brain knows you're going to lose the people with options, who are exactly the people you don't want to lose. 1 is spot on.
> And nobody is dumb enough to do RTO as a layoff proxy because anybody with a brain knows you're going to lose the people with options, who are exactly the people you don't want to lose.
Here is what our CEO told me once: layoffs always mean you loose more people then those you just fired. That is unavoidable and can amount to additional 30%. And obviously those will be those with options. He said that you can not avoid nor control this factor, there is no point in overly fretting about it. From his point of view, people always have agency to leave and layoffs and surrounding chaos always annoy people and weaken their ties.
These arguments based on "we do not want to loose good people in layoffs" are off mark. Company will loose good people in layoffs.