Comment on [deleted]
mp3@lemmy.ca 10 months ago
But they helped their buddies with empty real estate located downtown so it’s all good.
Comment on [deleted]
mp3@lemmy.ca 10 months ago
But they helped their buddies with empty real estate located downtown so it’s all good.
Ilovethebomb@lemm.ee 10 months ago
Again with this claim. Do you really think executives that get paid bonuses based on how well the company performs are going to make poor business decisions to help out their friends?
4am@lemm.ee 10 months ago
Depends on where their investment assets are
Ilovethebomb@lemm.ee 10 months ago
You can just invest in something else instead.
4am@lemm.ee 10 months ago
Are you being purposefully obtuse, or do really not understand?
Why the fuck would they invest in something else when they think they have the power to manipulate their position into inflated value? If there is a rush to return to the office then demand for the best places would exceed supply and those stocks would skyrocket. They’d make out like bandits.
Of course, it’s not really panning out that way; the cat’s out of the bag on remote work, Pandora’s box is open. So some of that gung-ho for RTO will die out. Sure there will still be some, as some people just want employees under stricter observation and control (mostly for pretty unjustifiable reasons) but there really isn’t much of a financial incentive from an office prestige or from a productivity standpoint anymore. Shareholders are going to wonder why the companies who insist on RTO are taking on the extra cost and liability, when that money could be going toward dividends.