A lot of these companies are locked in to 5,10 or 20 year leases. If they were sensible they'd just eat the loss and take the extra productivity and happier staff, but that's not how the corporate hivemind works. They're paying rent so they have to justify it by having bums on seats, or they're bleeding money for what looks like no reason.
this post was submitted on 10 Aug 2023
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
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- All workers must be paid a living wage for their labor.
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Most of them get tax breaks from the city, but only if they maintain a minimum occupancy. So they've lost their tax breaks and they want them back. As always, it comes down to money.
Productivity was never the point of work. Increases in productivity thus was never a boon to those in charge.
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Search Bloomberg and remote lol
I will not, but I'm guessing they're all opinion pieces by people who own massive business real estate holdings (directly or through a hedge fund they run) and think "getting back to work" is good for the American spirit, or something.
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I changed jobs during the pandemic. I asked if I could work remotely permanently, they said yes. It's in my contract I work from home, not the office. I've been watching the "sea change" as working remotely has been removed from various companies and wondering why? If all the research points to it being better, then - again - why? The speculation about it being related to real estate is depressing!
I've actually still been seeing positive news