1075
Return-to-office orders look like a way for rich, work-obsessed CEOs to grab power back from employees
(www.businessinsider.com)
this post was submitted on 24 Aug 2023
1075 points (96.8% liked)
Technology
59148 readers
2565 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
To add what other folks have said... Banks have a conflict of interest in regards to employees coming back into the office: They hold the mortgages on all that office space. If the work-from-home trend doesn't let up they stand to lose trillions of dollars.
The bigger the bank the more they stand to lose. This is why banks like Goldman Sachs are extremely vocal about bringing people back into the office and grasp at every little thing that can find to back their claims that, "it's better". Even if the arguments they're making are based on 100% bullshit.
Example: You'll often hear big bank executives say things like, "teams that work near each other work better" knowing full well that their global workforce doesn't actually "sit near each other". On any given internal team employees will live all over the damned world so even if every one of them came back into the office they still wouldn't be anywhere near each other.
We know this is 100% bullshit anyway because if they actually stood behind these words they'd issue mandates that huge amounts of employees be relocated to the same physical locations and that hiring could only happen locally. They're not going to do that though because they know what they're saying is bullshit.