Its real estate. They have huge, expensive offices they /know/ are barely necessary, and they absokutely cannot afford the loss they would incur if they had to sell, because if one large tech or office firm did that, soon there would be pressure on all of them to do that.
That could crash the commercial real estate market and lead to the real estate market in general going down.
While this would benefit the vast majority of workers, it would financially harm those with lots of vested stocks and other investments.
Oh and of course working from home makes middle management /obviously/ more or less useless. And basically all managers (there are some exceptions) and all VPs (near 0 exceptions) and above are sociopaths who crave feeling important and superior to others, and they will do anything to continue that lifestyle.
mesamunefire@lemmy.world 11 months ago
My old place of employment told everyone that they had to go back to office earlier this year. 1 month later, about 10 people out of a 15-ish department found remote jobs. They just shuttered the local office after a couple more months. My new place is much better :).
Semi-Hemi-Demigod@kbin.social 11 months ago
This is going to be the pattern at all these places doing RTO: The ones who are capable of getting WFH jobs will get them, and they'll be left with their least capable folks.
mesamunefire@lemmy.world 11 months ago
Yep! I was lucky in a way, I had a friend of mine who recently got a job that needed help/was hiring. There were a couple people when they let go of everyone that is still looking for work.
WFH jobs are a huuuuge benefit.