this post was submitted on 18 Oct 2024
573 points (97.8% liked)

Technology

60067 readers
3472 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 2 years ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
573
Amazon cloud boss says employees unhappy with 5-day office mandate can leave (www.cnbc.com)
submitted 2 months ago by FenrirIII to c/technology
198 comments fedilink hide all child comments
 

cross-posted from: https://lemmy.world/post/20972735

you are viewing a single comment's thread
view the rest of the comments
[–] Knock_Knock_Lemmy_In 1 points 2 months ago

The cost is spent, but the offices are still assets on the balance sheet.

If demand for offices is lower then all companies that own offices will have to revalue theirs downwards. These impairments have a direct impact on the P&L of the company accounts. Better to force employees to use these assets (and pay their own costs to do so) than show a (greater) accounting loss.