When COVID hit and the company I was with at the time went 100% remote, upper management discovered our productivity went up. That same company started forcing people back into the office as soon as they could. Watching a team of executives intentionally harm their company and try to justify it was wild. It wasn't about being profitable, it was about control for controls sake.
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Easy layoffs without having to pay severance, can just claim they refused to move.
Amazon built up half the property in south lake union and Bellevue and now they're trying to justify why they did that. God knows they could have saved a ton of money if they hadn't.
If I were predisposed toward conspiracies I would definitely be convinced by now that every medium-to-large business owner in the country was part of a secret cabal who made a pact to demand return to office for whatever terrible reason sounded good to them.
My own workplace is mandating a hybrid model for any employees within 30 miles of an office after "much research, discussion, and debate with employees." They've typically been very reasonable and generous to their workforce, and I just don't understand what they're thinking, honestly.
As to conspiracies, it's not really the businesses, it's the property.
Hilariously, the data don't back them up, my wife does research on this very topic for a company. The dollar signs do though, they have to justify the property expenditures.
Hilariously, the data don't back them up, my wife does research on this very topic for a company. The dollar signs do though, they have to justify the property expenditures.
No. That's sunk cost fallacy.
If they've already bought and paid for the buildings, they are not losing more money by not using them.
In fact, they probably save money on things like maintenance, overhead, security on physical sites when they're not being used. They could also be renting those spaces out, or straight up selling.
Smart company would be selling the property before the prices crash
Sell it to who?
Don't most companies have Blackrock on their board, who had been buying real estate for the better part of the last 5 years.
whatever terrible reason sounded good to them
Commercial property values. They want the offices full so their investment retains value. Dassit.
I don't get this argument. Most business don't own any property. The office buildings are rented.
From my (very limited) understanding, the underlying reason is the health of the national economy.
A bunch of businesses giving up their office space would destroy the commercial real estate market, and that could trigger another economic recession/depression. It could take the economy years to recover, costing companies billions, and bankrupting some of them. Even fierce competitors will work together in order to prevent that from happening. (I’m not sure how realistic that fear is; I’m just explaining their reasoning.)
So, while an individual corporation would benefit in the short term by moving to a building that’s only one third as big, the long term risks to the economy scare them off. In fact, the only reason working from home is still being discussed is because there’s a shortage of skilled workers. Companies can’t dictate terms quite as strongly as they could a few years ago. Employees see working from home as a major perk, or even a necessity. Inflexible companies invariably lose some of their best people, so they have to allow at least a few work from home options.
Personally, I like seeing corporations being forced to compromise.
It's amazing how for a culture that fetishizes "freedom" we're willing to accept a reality where you have to give it up for half your waking life just to live and provide for your family.
I wish we would stop.
What really amazes me as a european is that while I still think we have to work too much for our modern times we only do a fraction of your average work hours and that cases no issues whatsoever.
"Disagree and commit" = do what I say or quit. Worker exploitation has many douchey buzz phrases.
It's funny, because the original purpose of that phrase was "There is a period during which you can voice your concerns about new or changed ops and procedures, and once the dust has settled, you'll feel better about what comes out of the oven because you had a hand in making it." Instead, the new age Jack Welch management types saw the phrase and decided it means "You don't have to like what we say but you have to obey it."
Surprisingly, the latter interpretation does not lead to a happier healthier workplace with high retention rates. Who would've thought?
Thanks for the history, I am not surprised it evolved like that. Reminds me of Agile. It was a great concept that morphed into 'micromanagement with extra steps' in many shops.
Notably, Jassy said employees are free to leave if they do not want to comply with the hybrid work requirement.
This sort of statement always makes me raise an eyebrow. There are very few situations where employees are not "free to leave" and most of them are not good.
This is your friendly reminder to not use Amazon. Give up a small convenience so that you can vote with your wallet.
Jepp, for me it is barely a convenience so I don't even have an amazon account. I'm not American; seems like it's pretty important for a lot of people over there, unfortunately.
So this applies to those like me and others, if you can, stop using it. But I also believe these kind of boycotts don't make much of a dent without some serious organization.
Small convenience? A lot of goods these days can only be bought online, and buying them from a no-name website is a great way to get your card number stolen. Using Amazon is basically mandatory.
Maybe it's time to consider alternative cloud providers at work. AWS is pretty good but they're going to alienate a ton of talented engineers by doing this.
This is an important point. What cloud providers are flexible on engineer working conditions? I’d imagine they’d all be smaller scale providers?
The mentality of these people are exactly like slave owners.
Hilarious that the company that pioneered cloud solutions and made working from home for a ton of people ridiculously easier decides that their employees don’t deserve to work from home. Something something corporate office real estate crisis.
If we've learned anything from recent real estate crises, it's that once again, the losses will be socialized, with golden parachutes aplenty.
Reminds me of how I read awhile back that commercial mortgage-backed securities are pretty prevalent in today's major investment portfolios. This more recent article reads to me like, "don't panic, everything is fine, nothing to worry about here"
guys come work for my company we have embraced the work remote life style.
Alright I'm in. What do we do for the world?
"You're coming into the office too, right?"
. . .
"You'll be in the office too?"
If somebody told me it's past time to commit I'd commit to calling them a cunt. What a horrible horriblw cunt
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