4 ms·
CEOs act like kings and treat their office as their kingdom. Prior to the pandemic I can recall large companies moving their offices or headquarters so that the
by linkjuice4all 4y ago
CEOs act like kings and treat their office as their kingdom. Prior to the pandemic I can recall large companies moving their offices or headquarters so that the CEO or other executives had a shorter commute - the rest of their employees be damned.
These RTO moves are likely a mix of executives looking to reclaim their kingdom, backdoor layoffs, and maybe some financial move related to real estate investments or something to do with taxes. Unfortunately I'm not an expert about how companies manage their tax burdens with regards to real estate purchases or leases but these decisions seem to be about personal importance (for the executives) or some hidden red ink that isn't related to productivity of the work force.