Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says
Remote Work to Wipe Out $800 Billion From Office Values, McKinsey Says
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And there it is. This is the reason why so many companies are insisting on RTO. The C-level bosses are being pressured by their ultra rich friends who own the land to justify their high real estate valuations and rent so they can continue to make more money. They're happy to do it too... No compromise for them... Most of them are old conservative fucks that are probably angry at all the technology disconnecting them from their ability to interrupt their workers whenever they feel like it, so they can dump their stress, anger and frustration on their subordinates by reprimanding them without just cause.
It's the same old story, rich folks screwing over the common poors for their own selfish reasons to their own self-serving ends. Progress? No problem, as long as it makes them more money, costs them less in expenses, and gives them more power over the rest of us.
Communities / local governments are also pressuring people to return to office work so small businesses and their employees don't continue to struggle in a post-covid economy. Less people going to work means more vacant store fronts, less people on public transit, less tax revenue, and more crime. By all means, press your frustration with the old conservative fucks, just don't let the media and personal grievances distract us from what's happening on the ground in our communities.