209
Amazon starting to track and penalize workers who work from home too much
(www.theguardian.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 11 Aug 2023
209 points (100.0% liked)
Technology
37799 readers
210 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
The real reason they want everyone back in the office.
https://www.theatlantic.com/ideas/archive/2023/06/commercial-real-estate-crisis-empty-offices/674310/
Maybe for a small number of companies in a small number of industries, but most companies rent their office premises, even large companies.
I've worked at several multinational companies that sold their HQ buildings when they recognised that building management was not a core competence for them and tying up capital in real estate has a significant opportunity cost for them.
It's no skin off their noses if commercial real estate plummets in value - if anything, it would be in their favour as their rent would decrease.
Amazon owns a lot of their office buildings
Amazon is shitting money. They're not exactly a typical company.
The companies that do this are generally more half hearted in their push for RTO. You get some that try to claw it back but especially the big ones mostly can’t care
Yeah. It doesn't make sense that CEO's would be ruthless in slashing labor and capital costs would fall in love with commercial leasing.