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I wonder how much the $5 billion sunk cost from the new(ish) office has to do with this, or if Apple is just clinging on to their original, conservative view on

by clpm4j 5y ago

I wonder how much the $5 billion sunk cost from the new(ish) office has to do with this, or if Apple is just clinging on to their original, conservative view on WFH.

matt-attack 5y ago
A very small percentage of Apple employees work there. It’s primarily top brass and artsy types. The bulk of the engineers are in unremarkable office parks around the valley.
someonehere 5y ago
I spoke with an electrician after the new campus opened. He said Apple was desperate to get the campus open on time, there weren’t enough local electricians. They were able to get more from out of state to come and finish it up for a hefty price. So I’m sure part of the push is to get value out of their investment.
- thefounder 5y ago
  Why do they need so many electricians? Is the UFO building sinking?
browningstreet 5y ago
I can’t imagine that the campus would be a ghost town with some percentage of attrition… they’d hire in and the terms of office attendance would grow stronger.
dagmx 5y ago
Apple has a ton of offices around the bay area. some are leased, others are owned. Even if a significant number of employees were to hypothetically leave, I'm sure they'd just reduce the leases and move people into the owned offices.
mistersquid 5y ago
> I wonder how much the $5 billion sunk cost from the new(ish) office has to do with this, On whatever day of the week one cares to look, Apple’s market value crosses 2 trillion dollars. As of January this year, Apple has nearly 200 billion cash on hand. [0] I won’t even bother to cite how long it takes Apple to earn 5 billion in profit, but I’m guessing much less than the 15 months since lockdown began in Mar 2020. In other words, 5 billion sunk cost is probably not the reason Apple brass continues to be conservative about WFH with respect to their corporate peers. [0] https://www.cnbc.com/2021/01/27/apple-q1-cash-hoard-heres-how-much-apple-has-on-hand.html https://www.cnbc.com/2021/01/27/apple-q1-cash-hoard-heres-ho...
- rsj_hn 5y ago
  From what I heard, the new spaceship offers basically zero privacy and is distracting to work in, so I think it has a lot to do with the hesitancy of people returning to work at Apple, and thus is responsible for management's drive to get everyone back into the glass box.

by clpm4j 5y ago

I wonder how much the $5 billion sunk cost from the new(ish) office has to do with this, or if Apple is just clinging on to their original, conservative view on WFH.

matt-attack 5y ago

A very small percentage of Apple employees work there. It’s primarily top brass and artsy types. The bulk of the engineers are in unremarkable office parks around the valley.

someonehere 5y ago

I spoke with an electrician after the new campus opened. He said Apple was desperate to get the campus open on time, there weren’t enough local electricians. They were able to get more from out of state to come and finish it up for a hefty price. So I’m sure part of the push is to get value out of their investment.

thefounder 5y ago
Why do they need so many electricians? Is the UFO building sinking?

browningstreet 5y ago

I can’t imagine that the campus would be a ghost town with some percentage of attrition… they’d hire in and the terms of office attendance would grow stronger.

dagmx 5y ago

Apple has a ton of offices around the bay area. some are leased, others are owned. Even if a significant number of employees were to hypothetically leave, I'm sure they'd just reduce the leases and move people into the owned offices.

mistersquid 5y ago

> I wonder how much the $5 billion sunk cost from the new(ish) office has to do with this, On whatever day of the week one cares to look, Apple’s market value crosses 2 trillion dollars. As of January this year, Apple has nearly 200 billion cash on hand. [0] I won’t even bother to cite how long it takes Apple to earn 5 billion in profit, but I’m guessing much less than the 15 months since lockdown began in Mar 2020. In other words, 5 billion sunk cost is probably not the reason Apple brass continues to be conservative about WFH with respect to their corporate peers. [0] https://www.cnbc.com/2021/01/27/apple-q1-cash-hoard-heres-how-much-apple-has-on-hand.html https://www.cnbc.com/2021/01/27/apple-q1-cash-hoard-heres-ho...

rsj_hn 5y ago
From what I heard, the new spaceship offers basically zero privacy and is distracting to work in, so I think it has a lot to do with the hesitancy of people returning to work at Apple, and thus is responsible for management's drive to get everyone back into the glass box.