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80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’ (www.cnbc.com)

submitted 1 year ago by L4s to c/technology

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80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’::As some business leaders accept hybrid work as a permanent reality, others are backtracking on earlier pledges to let employees work from home.

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[–] [email protected] 16 points 1 year ago

Yup, classic sunk cost. We're paying for this, why aren't we using it?

This should get interesting in the next few years when those leases come up due and companies decide they can shrink their office substantially.