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> They have outstanding investments in real estate This argument has never made sense to me. Businesses don't want offices and most lease them for the long-ter
by bsdpufferfish 3y ago
> They have outstanding investments in real estate
This argument has never made sense to me. Businesses don't want offices and most lease them for the long-term. It's a cost of doing business they begrudgingly pay for so employees have a space for equipment, away from family, etc.
- oooyay 3y agoAside from the fact that everyone wants to be away from their family is fundamentally flawed, here's some articles specifically talking about the relationship between tech companies and real estate: https://fortune.com/2023/10/12/atlassian-rto-hybrid-work-rea https://fortune.com/2023/10/12/atlassian-rto-hybrid-work-rea... https://fortune.com/2023/11/12/return-to-office-hybrid-work- https://fortune.com/2023/11/12/return-to-office-hybrid-work-... > The survey also found that 80% of companies have already downsized their office since the pandemic, and 82% are worried about being able to keep their current one, whether that’s due to a recession or an underutilization of space.
- bsdpufferfish 3y ago> everyone wants to be away from their family is fundamentally flawed, I didn't say that. Whether we want to be with our family or not, the business believes it's a distraction. How does downsizing contradict anything I said? The logic that they want to force people to the office to justify the payment doesn't make sense. Employees are the cost they they are trying to optimize by having the office in the first place.