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It's quite embarrassing to be paying the lease on an empty office though. But I suspect this groupthink is not originating from individual companies.
by jacknews 3y ago
It's quite embarrassing to be paying the lease on an empty office though.
But I suspect this groupthink is not originating from individual companies.
- mycall 3y agoEven for businesses that own buildings but are losing money, they can't sell their building in this market. So, they expect you to use it even though they would rather sell the building for the cash flow.
- hdjjhhvvhga 3y ago> It's quite embarrassing to be paying the lease on an empty office though. While I agree, and I can imagine CEOs/CFOs in a hard spot over a 10-year lease with an empty office, what is better: to just pay what you had promised if downsizing is not possible, or pay and have disgruntled employees, with most of them immediately starting to look for another job and leaving as soon as they manage to find it?