Meta updates RTO policy with stricter mandate, saying workers may lose their jobs if they don’t show up 3 days a week::Meta, formerly known as Facebook, told employees that its new RTO policy would be enforced by management.
The company I work for is still fully committed to remote first. They have closed multiple office locations including the entire headquarters campus. They can’t stop gushing about how much money they’re saving.
Thing is though that often, real estate deals are made over long periods of time. I think a lot of RTO stuff is happening because companies can’t just get out of their leases. They spent years and millions of dollars actually building offices and by god they want to see them get used.
They spent years and millions of dollars actually building offices and by god they want to see them get used.
Whether people are remotely working or in the office, it’s still the same cost. As soon as they sell it off, it’s not a cost any more. Justification doesn’t make the cost less.
