Elon Musk, Vivek Ramaswamy call remote work a 'Covid-era privilege.' Economists say it's here to stay
Elon Musk, Vivek Ramaswamy call remote work a 'Covid-era privilege.' Economists say it's here to stay
Economists say the work-from-home trend, which was widespread during the pandemic, won't diminish to its pre-Covid level because it's profitable for employers.
KEY POINTS
- Elon Musk and Vivek Ramaswamy, whom President-elect Donald Trump appointed to lead a new government efficiency team, said they intend to call federal employees back to the office five days a week.
- Companies such as Amazon and The Washington Post are adopting a similar policy in 2025.
- But many companies will keep remote or hybrid work arrangements, largely because they boost profits, economists said.
- Some view return-to-office mandates as a stealthy way to reduce employee head count.
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Ok, let's say it is a covid-era privilege. Why does that mean it has to go away? Why can't it be a modern day innovation? Isn't it a curb on vehicle emissions? More spending money in people's wallets if they're not paying for gas or coffee or meals on the go due to commuting? What's the fuckin downside?? We stumbled upon a good thing
Oh fuck, I forgot the real estate prices. My bad. Yea let's cancel this whole thing
You forgot, it saves people 30 mins - 2 hours every day. What are they going to do with that time? Enjoy themselves? Advocate for their own interests?
No, clearly this cannot stand
Isn’t it a curb on vehicle emissions?
Welllll, Elon owns a large share of a company that makes vehicles. So the more people drive, the better for him.
It’s also incredibly fucked up that they’re worried about real estate prices falling in an economy where so many are having a problem paying rent or owning a house.