this post was submitted on 20 Oct 2023
410 points (96.4% liked)

Technology

59030 readers
4914 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
410
Amazon tells managers they can now fire employees who won't come into the office 3 times a week (www.businessinsider.com)
submitted 1 year ago by [email protected] to c/[email protected]
52 comments fedilink hide all child comments
 

Amazon tells managers they can now fire employees who won't come into the office 3 times a week::Amazon shared new guidelines that give managers a template for terminating employees over RTO.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 1 year ago* (last edited 1 year ago) (1 children)

I think you have the right idea but came to the wrong conclusion. Why would anyone buy office space if there is no value in employees coming to the office? Hint: they wouldn't.

Edited to add: these properties may become a liability on their books which would impact their ability to apply for or pay for loans, as well as other negatives for the company.

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

No company likes to have liabilities on the books, but to think that they would force an RTO for that reason alone doesn't pass the smell check. It's a more economical option to write off the loss and try your best to sublease the space, or attempt to get out of your lease early. That way, you're no longer stuck with the costs once it's done, and can make more money long-term.

We can also observe this happening in the real world: https://www.cnbc.com/2023/10/20/dropbox-hands-over-25percent-of-san-francisco-headquarters-back-to-landlord-.html

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

I doubt it's just a singular reason they are forcing return to office.

It's likely property value, micro managing , reducing head count and so on all play a role in jt