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> double down on huge real estate deals they can't bail out of I wouldn't assume that's a big factor. If you own office space you don't need, you can lease it
by adrianmonk 5y ago
> double down on huge real estate deals they can't bail out of
I wouldn't assume that's a big factor. If you own office space you don't need, you can lease it out. Or if you don't own but lease it, then you can often sublease it out.
Depending on market conditions (whether remote working is a trend or a permanent change), the demand may not be that high, so it's unclear how much money you'll get. But whatever it is, it's more money than not leasing it out.
- pdimitar 5y agoSure, I'm kind of assuming they don't do that because it might be a loss of prestige (imagine Google admitting they have to lease part of their offices). I could be wrong there, admittedly.