4 ms·

I wonder if the office owners are connected enough politically to get a bailout? Not an expert so I can only really pose the question.

• fullshark 3y ago
  How about city mayors looking at their tax receipts trying to balance their budgets, that's going to provide major political leverage.
  • 0cf8612b2e1e 3y ago
    This is the rumor at my work about management’s push for RTO. Some amount of tax incentives were provided because the office would drive additional downtown spending. Spending and tax income which does not materialize if the peons can stay at home. A few phone calls from the mayor , and “our company culture works best in person”.
    • nordsieck 3y ago
      > This is the rumor at my work about management’s push for RTO. Some amount of tax incentives were provided because the office would drive additional downtown spending. I guess I can sort of see that if the company is locked into a lease. But I can't see that playing out in the long term - It's hard for me to believe that the city is ponying up more than the cost of corporate rent in tax incentives.
      • 0cf8612b2e1e 3y ago
        RTO is “free” and does not hit the financials in the same way as having to record the loss of a $X tax break. Additionally, I recall some of the sweetheart deals which were being offered for the new Amazon headquarters. I could believe that officials offer ludicrously good deals that never pencil out for the city. Like sports stadiums.
        • Terr_ 3y ago
          > RTO is “free” and does not hit the financials in the same way To wit, most employers aren't paying for each hour of employee time wasted by commuting, nor fuel/ maintenance costs for vehicles. It might lead to higher employee turnover and difficulty hiring, but that is delayed and indirect.