Technology

59347 readers

4823 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

614

Apple, SpaceX, Microsoft return-to-office mandates drove senior talent away (arstechnica.com)

submitted 6 months ago by [email protected] to c/[email protected]

63 comments fedilink hide all child comments

The study (PDF), published this month by University of Chicago and University of Michigan researchers and reported by The Washington Post on Sunday, says:

In this paper, we provide causal evidence that RTO mandates at three large tech companies—Microsoft, SpaceX, and Apple—had a negative effect on the tenure and seniority of their respective workforce. In particular, we find the strongest negative effects at the top of the respective distributions, implying a more pronounced exodus of relatively senior personnel.

Dell, Amazon, Google, Meta, and JPMorgan Chase have tracked employee badge swipes to ensure employees are coming into the office as often as expected. Dell also started tracking VPN usage this week and has told workers who work remotely full time that they can't get a promotion.

Some company leaders are adamant that remote work can disrupt a company's ability to innovate. However, there's research suggesting that RTO mandates aren't beneficial to companies. A survey of 18,000 Americans released in March pointed to flexible work schedules helping mental health. And an analysis of 457 S&P 500 companies in February found RTO policies hurt employee morale and don't increase company value.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 189 points 6 months ago* (last edited 6 months ago) (17 children)

The C-Suite at this news: "This was a triumph! I'm making a note here: "Huge success!" It's hard to overstate my satisfaction!"

This is exactly what they wanted to happen. Stealth layoff without having to give your most senior employees things like severance or unemployment. Senior employees cost more, and any way to get them all to flee without having to pay out for it is viewed as a big win.

They knew their best would fly the coop. They didn't fucking care, that was the plan. Honestly, this shit should have been class action lawsuits under "Constructive Dismissal."

[–] [email protected] 18 points 6 months ago* (last edited 6 months ago) (1 children)

We do what we must because we can.

For the good of all of us.

Except the ones who are dead.

[–] [email protected] 18 points 6 months ago* (last edited 6 months ago)

The cake is a lie.

Milton knows.

load more comments (15 replies)