[-] penguin@sh.itjust.works 18 points 7 months ago* (last edited 7 months ago)

It has nothing to do with real estate. This is often echoed on social media but is baseless.

Companies typically chase quarterly growth over all else. Working from home benefits that while trying to fix real estate values is a long term thing, only offering a payout if they sell the building, which most companies aren't worried about. Companies tend to be very hesitant to hurt quarterly growth in favor of long term, iffy investments.

Even if they did care about real estate value, they'd rather all other companies return to office, boosting those values, while they could then remain remote and take advantage of both the higher real estate values and also the numerous advantages of remote work.

Boosting real estate values in this way is a collective action problem where most companies would need to work together for the greater good (as they see it). But if you hold this world view, that CEOs will screw over their employees for their bottom line, why wouldn't they also screw over other companies? They would. They would want other companies to work together to fix the real estate values while also benefitting from remote work. So it would all fall apart.

Here are more likely scenarios:

  • SHAREHOLDERS. Shareholders don't like unused assets. "Use it or lose it". So, CEOs force return to office because they think it'll help the stock price. Shareholders are also likely to blame as evidenced by publicly traded companies being more likely to mandate a return to office.
  • Personal preference. CEOs, and other executives who make this decision, simply prefer to work in the office and they prefer a full office to an empty one. Either cause: they have a very extroverted personality (likely how they got the job in the first place), they feel more powerful with all their underlings around, or they have a harder time working from home and can't fathom anyone being different.
[-] penguin@sh.itjust.works 19 points 10 months ago* (last edited 10 months ago)

Yeah, if anyone thinks this is bad, they haven't seen what legit alcoholism is like.

It would look like maybe 15 caps per person, but they'd be caps of vodka handles.

[-] penguin@sh.itjust.works 19 points 11 months ago

Now they're all about open floor plans for collaboration (read: for squeezing more people in the same space).

[-] penguin@sh.itjust.works 18 points 11 months ago

It's a nice way to fire the the most competent half.

[-] penguin@sh.itjust.works 15 points 11 months ago

No this isn't right. It's cheaper to have an empty building than a full one so companies who own their buildings would still make more money letting their employees work from home.

Also, even if it was true, no company is going to try to solve a problem like that. Companies are selfish. They'd rather everyone else go back to work to boost the value of commercial real estate while they continue to work from home to increase their profits everywhere.

The only reason companies are forcing people back is because upper management simply prefers that work environment. They like to sit in their corner office, surrounded by their peons. A sense of power.

Or, they have the kind of personality where they thrive surrounded by people and can't understand how anyone could be productive at home, data be damned.

It has nothing to do with real estate.

[-] penguin@sh.itjust.works 14 points 1 year ago

Picking and choosing which one to fix "first" is a problem, IMO.

We are capable of tackling every area simultaneously. Let's get more EVs out there, let's try hydrogen-powered airplanes, more nuclear, and sails on ships.

Let's do everything we can.

[-] penguin@sh.itjust.works 17 points 1 year ago

It just comes down to whether or not the fuel saved is worth more than the sail maintenance. Hopefully it is.

[-] penguin@sh.itjust.works 16 points 1 year ago

Desktop OS on a tablet is fine and even preferred depending on what you want it for.

I have a surface and don't mind using full windows that way.

[-] penguin@sh.itjust.works 20 points 1 year ago

I listened to an episode of the wan show once and I was out. He showed such disdain for his own audience.

Someone gave like $100 or something insane for a super chat question and he was rude to them.

[-] penguin@sh.itjust.works 18 points 1 year ago

It has nothing to do with profits. It's more profitable to have everyone work from home. Upper managers and executives simply prefer having everyone in the office because they like it. It's their preference.

[-] penguin@sh.itjust.works 14 points 1 year ago

We will. Lemmy seems to easily get flooded with singular stories. Eg whenever Elon comes up with yet another dumbass decision.

[-] penguin@sh.itjust.works 19 points 1 year ago

It's such an oversimplification, it's insane. "YoUrE sTiLl uSiNg ReDdIT"

I wonder if people with that same sentiment go to picketing protestors and yell at them, "Just quit!!"

As if the idea of trying to promote change rather than immediately giving up and moving on is anathema to them.

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penguin

joined 1 year ago