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I once worked for a company during Dotcom that failed to pay rent for 7 months, was then forced into Chap 7 at 4:30 PM on a Thursday (we were given 30 mins to v
by coldcode 4y ago
I once worked for a company during Dotcom that failed to pay rent for 7 months, was then forced into Chap 7 at 4:30 PM on a Thursday (we were given 30 mins to vacate the office). The building management then padlocked the doors leaving everything inside for the next 7 months while the they and the major creditor fought over rent and the contents. Turned out the building and the creditor were in fact parts of the same company - Merrill Lynch. They locked themselves out.
You can go quite long without paying rent.
- strangattractor 4y agoMaybe Musk has changed his mind about remote work:) Certainly don't need that office if you're employees work form home.
- Qub3d 4y agoMy jaded opinion is that Musk may not really care about remote work, but it turns out return-to-office requirements are a useful way to get people to leave without having to fire or lay them off, and bypass stuff like the WARN act. > “Day zero. Sharpen your blades boys," Calacanis texted Musk. "2 day a week Office requirement = 20% voluntary departures.” https://mashable.com/article/elon-musk-twitter-text-messages-joe-rogan-gayle-king https://mashable.com/article/elon-musk-twitter-text-messages...
- Psyonic 4y agoI think it's both -- I do think he's against remote work (remember his remarks at Tesla "pretend to work somewhere else": https://www.forbes.com/sites/annakaplan/2022/06/01/musk-says-tesla-staff-can-pretend-to-work-somewhere-else-following-leaked-emails-ending-remote-work/?sh=55a2f5d281d8 https://www.forbes.com/sites/annakaplan/2022/06/01/musk-says...) but also it's a great way to cheaply get rid of a lot of employees who were told they could WFH forever.