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The clueless upper management are serving their wealthy owners who have a commercial real estate portfolio that is losing them huge amounts of money unless they
by marcus_holmes 2y ago
The clueless upper management are serving their wealthy owners who have a commercial real estate portfolio that is losing them huge amounts of money unless they can get the little people back in the offices.
- Spooky23 2y agoThey are more worried about employee fraud. Commercial real estate is boned anyway.
- dilyevsky 2y agoGreat many folks are completely ineffective in remote setting. Some are not but many are. Simple as that. No real estate mogul conspiracy theories necessary
- rescripting 2y agoAre there studies to this effect? Any empirical evidence companies can give plotting productivity decline and subsequent increase after RTO? Or is it all just vibes?
- dilyevsky 2y agoHow would you even do a study like that? Besides, looking at scientific studies is not how businesses make decisions. They sometimes use studies as justification but there's a difference.
- barbazoo 2y agoWhat real estate does Amazon own in this case?
- marcus_holmes 2y agoWell, presumably they own the offices that their staff are returning to. But I'm more talking about wealth funds that own commercial real estate that are also shareholders in Amazon, quietly having a word with execs about how to get the workers back in the offices. You know, the old "you should come for a weekend to the country and meet a few people", the people turn out to be incredibly rich and connected, and all they want from you is this little favour where you get all your people back in the office. Just for a while so they have the chance to unload their commercial real estate portfolio without taking a huge loss.
- barbazoo 2y agoDoesn’t sound very plausible to me unless you have an actual connection for either speculation. We’re talking about tens of thousands of employees here.