this post was submitted on 15 Aug 2023
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This is true. I just had trouble picturing the CEO of a big company going "I'll force everyone back to the office! WFH is sooo convenient but I can't do this to Mr Joe's hamburger joint around the corner".
However as someone else pointed out, if WFH becomes the norm, a lot of business might be impacted and fail, generating turbulence in the economy. This I can picture getting a CEO's attention
It's simpler in my mind: corps get local tax incentives for their footprint. EG they run a calculation on how their foot traffic impacts the local economy and take a tax break based on the "value" of "their" employees to the local businesses.
If they go to wfh/ hybrid, their foot traffic drops and the tax bill goes up.