338

80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’ (www.cnbc.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

44 comments fedilink hide all child comments

80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’::As some business leaders accept hybrid work as a permanent reality, others are backtracking on earlier pledges to let employees work from home.

you are viewing a single comment's thread
view the rest of the comments

[-] EndOfLine@lemm.ee 3 points 1 year ago* (last edited 1 year ago)

I just don't get it. That money has already been spent or guaranteed for the current leases. It's a sunk cost either way. If they end up not needing it that office space then, once those leases are up, that become a cost saving and improve the bottom line of corporate profits right?

Only thing I can think of is that a a considerable percentage of upper management are getting kick backs by property owners who can see what WFH policies mean to their business model, or there are a lot of managers that don't know how to evaluate employee performance based on their deliverables.

this post was submitted on 15 Aug 2023

338 points (96.2% liked)

Technology

59259 readers

1463 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