Hope they don't like talent. The brain drain continues.
this post was submitted on 18 Dec 2024
102 points (98.1% liked)
News
23599 readers
3301 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
AT&T owns a lot of corporate real estate. Its fucking with their books so they have to punish everyone so execs look smart.
Can anyone explain to me why companies are pushing RTO? Simply to justify some management positions? Or justify the big buildings they built? To me work from home would have so many advantages for a company and could actually be problematic for some employees. Not only can they save some costs on office space but it opens up their talent pool in a way that could lower wages. They could find someone living in low cost of living middle of nowhere that would do a job for 60k that someone in an expensive city couldn't justify doing for less than 120k.
I’m happy my greedy company closed our office a year ago to save money on the lease. I don’t respect the people in charge but full time WFH is an excellent perk.
The slow march of the return to office has taken another step forward
No. 🤬 you ‘Fortune’. You’re just spoon feeding the rich what you think they want to hear.
Amazon and ATT are big but they don’t represent the whole and does not imply return to office is inevitable.
“The majority of our employees and leaders never stopped working on location for the full work week—including during the pandemic,” a spokesperson told Fortune.
And you...you're proud of this?!
Performative cruelty, corporate style. Know your place, peasants.
Gotta watch those wage slaves
WhY cAnT wE rETAiN oUr TaLeNt!?!- greedy CEOs in the future
Yeah. Just read an article explaining that you lose the best talent by forcing RTO and turnover jumps 14%.
Future? It's happening now
"Nobody wants to work anymore."
The real talent already built the good stuff. Now, all they need is someone to follow SOP's to maintain and carry on. Improvements and new stuff will take the hit, and they will grow stagnant until someone else starts doing something better, and then they scramble and complain as they start losing money and that's when they start looking for talent again. Except this time, they will just be hired to put in place whatever the other company did and probably be let go after.
AT&T hasn't updated toll free routing control in almost 11 years. Their bvoip portal is similarly antiquated. What good stuff have they been developing?
Warner Brothers!
. . . wait
Retain who? Anyone not in a brick and mortar, or in HQ, is over seas.
Not like China just totally owned you, right? Yeah, let go of your top talent. Good idea.
In my company we just went from 2 office days to 1 per week, and the wheel is still turning just fine.
Doing the bidding of the commercial real estate industry, which is one layer below the banks in the layer cake
That makes no sense. Commercial landlords collect rent regardless of how often employees are on site.
The real reason for RTW policies is that companies want to downsize without firing workers (and thus without paying unemployment). Hence:
Amazon CEO Andy Jassy told staff they will need to be back in the office full-time, seemingly pushing 73% of his colleagues to consider quitting over the move
Stankey said 85% of them already lived near one of the offices. The remaining 15%, he said, will have to “make decisions that are appropriate to their lives.”
Two of my previous employers went out of business or are on their final thread and moved out to some small office somewhere. Those buildings have each been vacant for about 2 years now. Can’t collect rent if no tenants
Right, but if you have a tenant then you don't care what their WFH policy is.
Companies that are hybrid and go remote don't renew their commercial real estate contracts.
Property holdings will always be more important to corporate America than the people that they employ.
Even the customer service representatives in Egypt ?