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It depends if a company’s desire for butts in seats exceeds its money-saving on utilities and rental. That doesn’t apply to Apple, probably because they’re just
by sircastor 4y ago
It depends if a company’s desire for butts in seats exceeds its money-saving on utilities and rental. That doesn’t apply to Apple, probably because they’re just paying the loans for their new campus, but small companies, or companies that have satellite offices might be saving a bundle by letting their employees wfh. They just have to wade though all the middle-management that loses a lot of its value when there’s no one to lord over.
- smugma 4y agoLoans for campus? They do have some debt but have ~$100B net of their debt
- sircastor 4y agoYes. One of the funny things about having a lot of money is that it makes a lot more sense to borrow someone else’s money than spend your own. I can’t speak to the specifics, but I’m willing to bet Apple took out some very large loans to build Apple Campus.