3 ms·

Is there any evidence that office space isn't valuable if it's empty or that companies have massively overhired due to low interest rates...? I appreciate skep

• furyofantares 3y ago
  Sorry about that. They just seem like small potatoes compared to trying to run the company the way you actually believe will be most profitable. I hope RTO isn't correct but I assume those calling for it really believe it's correct. I think soft layoffs are a real thing, feels like something people will account for when making decisions like this, but not really a driver of them. I'm curious about the office space thing. How's a company meant to realize gains here?
  • hakfoo 3y ago
    The only way I can make the math make sense is if the people angling for RTO are staked entirely in the capital-assets table, and ignoring operational expenses. Even if you discard features like "employees like it", "it earns you points in competitive recruitment markets", or "some types of employee perform better remote" data, offering 100% remote inherently widens the recruitment net. You can hire two engineers in Dubuque for the cost of one in SF, and you're less likely to get pinned to "there's only one guy on the local market with the skills we need, and he's asking $$$$."