It's not even a conspiracy that it's commercial real estate driving this... many large investors in these large tech companies have sounded the alarm over the r

It's not even a conspiracy that it's commercial real estate driving this... many large investors in these large tech companies have sounded the alarm over the risk to their commercial real estate holdings. Heck, it doesn't help that recently a subsidiary of PIMCO dedicated to commercial office space in the bay area and NYC declared insolvency. The cat's out of the bag already. Remote work (at least within a +/- 3 hour time zone) is here to stay. While the fed keeps jacking up rates and companies pretend to be hurting badly we'll see some pushback... but as soon as the economy is on an upward trajectory again they'll have no choice but to relent. We've already started getting tons of amazing talent applying from amazon thanks to this decision. Good luck getting them back. Facebook has even read the writing on the wall and started shrinking its commercial real estate footprint.