this post was submitted on 23 Aug 2023
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I don't get corporate blokes.
They spend their whole working hours finding ways to increase profits by reducing costs everywhere, to the detriment of the company even. Then we finally give them an easy way to reduce costs that make the employees happy, by removing the need for real estate. And they do a complete 180° to not do so?
Even if they have a lease of multiple years, not having to heat/cool the building nor pay the electricity is still cheaper.
Is it really about micromanagement?
That's the problem, right there.
Right? They are also losing the opportunity to hire top talent from remote locations. I guess we found something that is more important to them than profits: their ego.
They can't just reduce their costs, because they're locked into contracts and/or the corp real estate market is in the trash can
I'd be willing to bet sunk cost fallacy does play a big part, as a result, but I also think senior leadership there just struggles to manage remotely and thus they assume others do too.
I think the issue is that they fear giving workers too much freedom. With that newfound freedom, they may start realizing that they can demand more