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RTO doesn’t improve company value, but does make employees miserable: Study (arstechnica.com)

submitted 6 months ago by L4s to c/technology

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RTO doesn’t improve company value, but does make employees miserable: Study::Data is consistent with bosses using RTO to reassert control and scapegoat workers.

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[–] cmbabul 2 points 6 months ago (1 children)

In the least callous to the everyday people that will suffer way I can say it, good it needs to die. Real estate as an investment needs to die

[–] [email protected] 2 points 6 months ago (1 children)

I can understand your opinion when it comes to Residential Real Estate, the stuff that people live in, but I wouldn't extend that to Commercial Real Estate. I see nothing wrong with a Business owning properties that are used by itself or other Businesses. I think the problem comes in when Businesses, especially large Businesses, own Residential Real Estate; especially if ownership of RRE exceeds a certain threshold inside a designated area.

I honestly think a lot of the problems with businesses owning RRE could be solved by not allowing those businesses to be C Corps, maybe constrain them to only Sole Proprietorship or LLC.

[–] cmbabul 3 points 6 months ago

See I could agree with you for a company owning a building it uses, I don’t consider that investment, I consider that ownership and use, but I don’t think any entity should own land or shelter they aren’t utilizing. I don’t see any real benefit for any but capitalists