WhY cAnT wE rETAiN oUr TaLeNt!?!- greedy CEOs in the future
The real talent already built the good stuff. Now, all they need is someone to follow SOP’s to maintain and carry on. Improvements and new stuff will take the hit, and they will grow stagnant until someone else starts doing something better, and then they scramble and complain as they start losing money and that’s when they start looking for talent again. Except this time, they will just be hired to put in place whatever the other company did and probably be let go after.
AT&T hasn’t updated toll free routing control in almost 11 years. Their bvoip portal is similarly antiquated. What good stuff have they been developing?
Doing the bidding of the commercial real estate industry, which is one layer below the banks in the layer cake
That makes no sense. Commercial landlords collect rent regardless of how often employees are on site.
The real reason for RTW policies is that companies want to downsize without firing workers (and thus without paying unemployment). Hence:
Amazon CEO Andy Jassy told staff they will need to be back in the office full-time, seemingly pushing 73% of his colleagues to consider quitting over the move
Stankey said 85% of them already lived near one of the offices. The remaining 15%, he said, will have to “make decisions that are appropriate to their lives.”
Two of my previous employers went out of business or are on their final thread and moved out to some small office somewhere. Those buildings have each been vacant for about 2 years now. Can’t collect rent if no tenants
Right, but if you have a tenant then you don’t care what their WFH policy is.
Commercial landlords collect rent regardless of how often employees are on site.
When leases come up for renewal, rational companies look at how much space they actually need and downsize their office requirements accordingly. That’s more or less what my employer is doing now. We own a vast building, but now we’ve sublet about a third of it.
Property holdings will always be more important to corporate America than the people that they employ.
Even the customer service representatives in Egypt ?
Gotta watch those wage slaves
It definitely sends a message that “we don’t know what those people are doing unless we can see the whites of their eyes and smell the fear-sweat.”
