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Return-to-office orders look like a way for rich, work-obsessed CEOs to grab power back from employees
(www.businessinsider.com)
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this post was submitted on 24 Aug 2023
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Seems like the commercial real estate collapse has a lot to do with it too.
How so?
Super simplified version: the office buildings are losing value due to low occupation. Owners of those buildings lose money if the value goes down. Those owners do not want that.
And those owners can almost always find a compassionate ear from their loyal rich CEOs who don't want to upset a however many years relationship of "I'll scratch your back if you scratch mine" kinda thing.
Highly plausible deduction.