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> I'm pretty terrified that the gears of capitalism will eventually lead to remote work being outlawed. Unlikely. The current "RTO" push is simply executive m
by pwg 2y ago
> I'm pretty terrified that the gears of capitalism will eventually lead to remote work being outlawed.
Unlikely. The current "RTO" push is simply executive management not wanting to take the write-down hit on all that unused office space that is a loss now that no one is working inside of it. Once they've either jettisoned the space, or taken the write-down anyway (because they were forced into this) you'll find all these RTO calls dying down.
- miki123211 2y agoThis is just one theory, another that it's a way to legally do layoffs without facing the consequences of actual layoffs.
- theandrewbailey 2y agoThe vast majority of office space is rented. My conspiracy theory is the executives that are pushing RTO are the demographic that have millions of dollars invested in commercial real estate in general, not because the company owns their own office buildings.