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Defeated CEOs are now conceding hybrid working is here to stay

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Re: Defeated CEOs are now conceding hybrid working is here to stay

#2
A lot of business executives fall into the demographic that heavily invests into commercial real estate, which is facing some substantial depreciation. Telling everyone they need to get back to the office would help to keep those prices up. To everyone else, they have no incentive to keep fighting traffic every day (and paying for it) to go to an uncomfortable place full of maybe awful people.

Re: Defeated CEOs are now conceding hybrid working is here to stay

#3

A lot of business executives fall into the demographic that heavily invests into commercial real estate, which is facing some substantial depreciation. Telling everyone they need to get back to the office would help to keep those prices up. To everyone else, they have no incentive to keep fighting traffic every day (and paying for it) to go to an uncomfortable place full of maybe awful people.

Is that true everywhere or just the USA? As far as I know remote work really only stuck around in the USA.

Re: Defeated CEOs are now conceding hybrid working is here to stay

#6

A lot of business executives fall into the demographic that heavily invests into commercial real estate, which is facing some substantial depreciation. Telling everyone they need to get back to the office would help to keep those prices up. To everyone else, they have no incentive to keep fighting traffic every day (and paying for it) to go to an uncomfortable place full of maybe awful people.

Is that true everywhere or just the USA? As far as I know remote work really only stuck around in the USA.

TBH this sounds like a massive conspiracy theory that somehow gets continiously propagated.

Your average small software company CEO doesn't give a crap while still forcing people to RTO.

Re: Defeated CEOs are now conceding hybrid working is here to stay

#7

A lot of business executives fall into the demographic that heavily invests into commercial real estate, which is facing some substantial depreciation. Telling everyone they need to get back to the office would help to keep those prices up. To everyone else, they have no incentive to keep fighting traffic every day (and paying for it) to go to an uncomfortable place full of maybe awful people.

The drive to get people back into the office isn't due to any sunk cost on commercial real estate — it's a strategy to prevent workers from working multiple jobs simultaneously.

Re: Defeated CEOs are now conceding hybrid working is here to stay

#10

A lot of business executives fall into the demographic that heavily invests into commercial real estate, which is facing some substantial depreciation. Telling everyone they need to get back to the office would help to keep those prices up. To everyone else, they have no incentive to keep fighting traffic every day (and paying for it) to go to an uncomfortable place full of maybe awful people.

The simplest reason is lack of effective communication, team bonding, and morale.

People behave differently behind a screen even if incentivised by money. This becomes a problem at the scale of big companies.

Eg - without body language, tone and context - everyone needs to be extra charitable to avoid miscommunication or distrust. This might cause people to be overly defensive in their approach to communicate.

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