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At the end of the day, from a macro perspective, it's going to come down to the "war for talent". Businesses with the best talent, over time, win; those withou

At the end of the day, from a macro perspective, it's going to come down to the "war for talent". Businesses with the best talent, over time, win; those without, lose. As so, this is the most pertinent part of the article: "As much as Mr. Gross wants people back at his ad agency, he is worried about retaining young talent at a time when churn is increasing." At the end of the day workers do have the power here. If young people decide it matters businesses will adjust or die. From a personal perspective, for me, it came down to money. I like living in NYC, but not enough to pay 3x for everything. Right now I pay $60 p/h for a personal boxing trainer. In NYC, I was paying $150. My kids want a backyard. Stuff like that. I'm also a little worried about finance. The prestige there is lowering. They used to get the best students in the class. Now those students go to tech companies and they are getting the 4th, 5th, and 6th best students in the class. If they stick people in cubicles, eventually that's going to lower to 10th, and then we will have C students making trillion dollar bets with our financial system. Only half joking.

ssklash 5y ago
> businesses will adjust or die. This is the key point for me. Too many people seem to think that only workers should adapt for companies, and that the labor market exists to compete for the jobs that are bestowed on them. This is evident in the whole "no one wants to work any more! What a bunch of lazy [millenials|zoomers|derogative of choice]". Naw dude, they just don't want work for you, for peanuts, with no benefits or healthcare, in the middle of a deadly pandemic. They're not lazy, they're maximizing value for their shareholders too, in this case themselves. Covid has made a lot of people realize that the shit they had to take before was not a great deal for them, and they want something better.

ssklash 5y ago

> businesses will adjust or die. This is the key point for me. Too many people seem to think that only workers should adapt for companies, and that the labor market exists to compete for the jobs that are bestowed on them. This is evident in the whole "no one wants to work any more! What a bunch of lazy [millenials|zoomers|derogative of choice]". Naw dude, they just don't want work for you, for peanuts, with no benefits or healthcare, in the middle of a deadly pandemic. They're not lazy, they're maximizing value for their shareholders too, in this case themselves. Covid has made a lot of people realize that the shit they had to take before was not a great deal for them, and they want something better.