this post was submitted on 18 Oct 2023
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I agree this is probably an attempt at veiled layoffs.
But I wish I could understand why executives are so desperate to have people back in an office. It’s like class warfare or something.
“Don’t let the proletariat spend more time in that box they already overpay for; make them come to the box that WE overpay for!”
I really think it is connected to the fact that many managers never had to think about how long something takes and how much work they actually need out of someone. It used to be, that if you stare at your screen from 9-5 you probably did all the work you could. But now they can't see you stare at the screen and they fear they don't get all the work out of you. For the first time management has to figure out how much work they need instead of going by time spent in the office. That scares them.
It's because they all have assets in corporate real estate, have massive amounts of debt that they just refinance latter and get more investors on board so they can ignore the problem. Now we have real pressures that would kill their inflated corporate real estate assets turning that balance sheet upsode down and they are in a panic because they haven't been effectively doing the job they are supposed to. Fuck them