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They're in different asset categories. E.g. if times get tough you can lay off people, but office space is generally leased for fairly long terms, and if you c
by hga 12y ago
They're in different asset categories. E.g. if times get tough you can lay off people, but office space is generally leased for fairly long terms, and if you can't sublet for one reason or another....
And if the company is old enough they too often come out of different budgets.
- npsimons 12y agoThe cost difference is so big, even the factor of leases shouldn't make a difference. We're talking an order of magnitude usually (from what I've read on the topic). And once you factor in severance packages, etc, it's a no-brainer. It's possible to argue the merits of open versus closed, small teams versus big teams, etc, but any organization using cost of space against productivity is doing something very wrong.