Earlier quoted context omitted.
Closing all offices enables GitHub to hire in cheaper geographies. Seems that the San Francisco headquarter was their only real office anyway,and I estimate approx 400 GitHubbers were working from there (55000 sqft office space, tech typically uses 150 sqft per employee). Gradually re-hiring those in cheaper geographies plus reduction of perks can mean quite significant savings and is another stab at Silicon Valley.
This is exactly right. All the people clamoring for remote work are asking for us all to get paid less, or nothing at all because the job went to Europe or Asia.
I couldn’t have had the 3200 square foot house built in the burbs in 2016 (when I was making $135K) in any place close to a tech hub.
Now I work remotely for $BigTech and I can live anywhere. I live in a resort area in Florida half the year and fly around the US the other half and rent my place out (professionally managed). I actually downsized and paid about the same for where I live now as I did in 2016 and no state income taxes.