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Let's not sugarcoat it, it's just a way to fire a large number of employees, it's never been a debate about remote work. The issue for them is that usually it'
by realusername 2y ago
Let's not sugarcoat it, it's just a way to fire a large number of employees, it's never been a debate about remote work.
The issue for them is that usually it's the best employees leaving when done this way and the company is then stagnating.
- KumaBear 2y agoThat’s what I keep hearing but the remote job market is getting very competitive. With all these RTO mandates it’s going to be a tough market for many to find work.
- realusername 2y agoSure, that's the market at play. The companies still opened for remote working have an even more unfair advantage than before. And that'll continue until those policies are reverted.
- AngryData 2y agoAlso easier to do shady shit when you don't have as much documentation or potential recordings of your meeting discussing nefarious schemes.
- blackeyeblitzar 2y agoJPM is also building a new 3 billion dollar tower in NYC, right? I believe it just finished all exterior construction work recently and interior is finishing up soon this could also just be a way to prop up the value of real estate. They directly own a lot of real estate, have many client assets parked in real estate, and the collateral for a lot of their lending is also real estate. The RTO trend helps them not face massive losses, effectively by stealing from all the employees worldwide that have to endure lengthy commutes and live in a few concentrated (and therefore expensive) locations.