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Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says
(www.bloomberg.com)
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this post was submitted on 13 Jul 2023
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It's insane that we as a society are even having the debate between pushing capital investment strategies to adapt and come into the 21st century or dragging globally-distributed workers back to the 20th century just to avoid short-term pain and costs associated with updating outdated laws, tax incentives, and capital business practices.
The problem is that the idea of WFH being more productive is slowly being shown to be false.
It can be a viable business strategy of you design for it, but WFH being the best in all cases has shown itself to be false.
Edit: The working-from-home illusion fades from TheEconomist
That is the source. Feel free to post your own sources.
I took a remote job for 18 months before leaving and getting a new job back in an office. For me personally, I found it great for the first 12 months, however over time it became obvious that the company wasn't structured well for remote work and I couldn't get anything meaningful done. I loved all the extra time working from home gave me, but I finished every day feeling like I was wasting my life in a room at home and not achieving anything. This was largely due to the organisation itself, but I also found that working remote created an extra barrier to trying to fix that company's culture. So I quit and went back to working face to face with people. Since then I've found it easier to push for changes and influence people, process etc now that I'm back working face to face. I do miss the WFH lifestyle though and think I'd be happiest in a hybrid model.