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These companies have boards, and these boards are incredibly "inbred" so that the vested interests coincide and reinforce. You'd be surprised how many of your C

These companies have boards, and these boards are incredibly "inbred" so that the vested interests coincide and reinforce. You'd be surprised how many of your C-suite sit on boards of REITs or have invested huge amounts of company "cash" into them. It's most definitely about money, all the way.

andsoitis 3y ago
> You'd be surprised how many of your C-suite sit on boards of REITs or have invested huge amounts of company "cash" into them. Do you have stats? Or do you even have one good and compelling example?
- azca 3y ago
  This feels like a startup idea.
m348e912 3y ago
You have eloquently summarized what I have been trying to say about the "return to the office" battle that is currently underway. The "executive class" stand to lose a lot more than the "laptop class" if staff don't return to the office.
mdgrech23 3y ago
I 100% agree w/ this and have been making that argument in the anti return to work subreddits. People on the board may also be heavily invested in the auto or gas industry who also strongly wish to see a return to the office.
- cma 3y ago
  > People on the board may also be heavily invested in the auto or gas industry who also strongly wish to see a return to the office. Musk has be expressing concern even though it reduces emissions, nominally his primary goal, far more than electric commuting, and he himself heads so many companies that he mostly works remotely at all of them. He says some contrived argument like that because people who deliver food and work in factories can't work at home, it isn't fair for office workers to so they should suffer as penance to balance out the karma scales. It's like saying if you eat Alaskan crab legs, your little league baseball coach job should be done on a boat in the Bering sea.
Dave3of5 3y ago
I remember finding out about this early in my career. The office building that my company used was own by the company director but under a different company. He tied the company into a 3 year lease and then sold our company to a multi-national company. Not the company that owned the office just the company using it nice extra little earner for him considering he also set the rent amount as well.
actuator 3y ago
Unless you can prove it with specifics for each company, this is patently false and a sweeping generalization. Companies like Meta were all gung ho about remote work in 2021, when they hadn't seen the long term impact of it. The push inside Meta for WFH not being as effective for new employees started coming up in 2023 after the performance evaluations were done and they noticed a trend. You might argue that the data analysis might have been incorrect, but that's another question. The same company is also heavily cutting on office space. I know people in tech are pro remote but let us not come up with these wild unsubstantiated theories to support what we like. Remote work might not be as effective for every company on the same level, maybe it is the culture, maybe it is role dependent, but it is simplistically not just about some shadowy real estate moguls.
zamalek 3y ago
Do not attribute to malice what can easily be explained by stupidity.

andsoitis 3y ago

> You'd be surprised how many of your C-suite sit on boards of REITs or have invested huge amounts of company "cash" into them. Do you have stats? Or do you even have one good and compelling example?

azca 3y ago
This feels like a startup idea.

m348e912 3y ago

You have eloquently summarized what I have been trying to say about the "return to the office" battle that is currently underway. The "executive class" stand to lose a lot more than the "laptop class" if staff don't return to the office.

mdgrech23 3y ago

I 100% agree w/ this and have been making that argument in the anti return to work subreddits. People on the board may also be heavily invested in the auto or gas industry who also strongly wish to see a return to the office.

cma 3y ago
> People on the board may also be heavily invested in the auto or gas industry who also strongly wish to see a return to the office. Musk has be expressing concern even though it reduces emissions, nominally his primary goal, far more than electric commuting, and he himself heads so many companies that he mostly works remotely at all of them. He says some contrived argument like that because people who deliver food and work in factories can't work at home, it isn't fair for office workers to so they should suffer as penance to balance out the karma scales. It's like saying if you eat Alaskan crab legs, your little league baseball coach job should be done on a boat in the Bering sea.

Dave3of5 3y ago

I remember finding out about this early in my career. The office building that my company used was own by the company director but under a different company. He tied the company into a 3 year lease and then sold our company to a multi-national company. Not the company that owned the office just the company using it nice extra little earner for him considering he also set the rent amount as well.

actuator 3y ago

Unless you can prove it with specifics for each company, this is patently false and a sweeping generalization. Companies like Meta were all gung ho about remote work in 2021, when they hadn't seen the long term impact of it. The push inside Meta for WFH not being as effective for new employees started coming up in 2023 after the performance evaluations were done and they noticed a trend. You might argue that the data analysis might have been incorrect, but that's another question. The same company is also heavily cutting on office space. I know people in tech are pro remote but let us not come up with these wild unsubstantiated theories to support what we like. Remote work might not be as effective for every company on the same level, maybe it is the culture, maybe it is role dependent, but it is simplistically not just about some shadowy real estate moguls.

zamalek 3y ago

Do not attribute to malice what can easily be explained by stupidity.