199

Employers push for staff to return to the office after working from home as commercial property values plunge (www.abc.net.au)

submitted 11 months ago by Nonameuser678@aussie.zone to c/australia@aussie.zone

43 comments fedilink hide all child comments

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

[-] lurch@sh.itjust.works 1 points 11 months ago

I know no company that would dislike paying less when they need a new headquarter due to the companies growth. In fact two companies I worked in had to move because of expansion and it was a big effort to find good new accessible headquarters with room for even more growth that weren't overpriced. It took them a long time to find and choose one. It got really crammed during the search and they had to rent a floor of a neighbouring building and link the networks via encrypted directional radio to buy time.

[-] NounsAndWords@lemmy.world 2 points 11 months ago

From the article:

Rent is only about 2-5 per cent of costs for most companies with offices in the CBD, whereas salaries and wages make up about 40 per cent.

[-] theotherone@kbin.social 2 points 11 months ago

It sounds more like a reason to terminate rather than the need to justify renting the office space.

[-] Jaysyn@kbin.social 1 points 11 months ago

So terminate part of profit center & keep the constant outflow of cash that is a lease?

this post was submitted on 30 Nov 2023

199 points (99.0% liked)

Australia

3576 readers

126 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

The Environment, post it to Aussie Environment
Politics, post it to Australian Politics
World News/Events, post it to World News
A question to Australians (from outside) post it to Ask an Australian

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

When posting news articles use the source headline and place your commentary in a separate comment

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 1 year ago

MODERATORS

lodion@aussie.zone

Fluid@aussie.zone

bestusername@aussie.zone

eatham@aussie.zone