Comment by spacemadness
Comment by spacemadness 4 days ago
I feel like Big Tech management is simply in revenge mode. Managers and executives felt a tiny bit less powerful for a small amount of time due to their workers pushing for remote and having the leverage to do so. Now that interest rates have wrecked the employment market they are wasting no time going scorched earth on their current remote employees. The narratives they keep shoving down peoples throats are insulting at best. They should just tell everyone they want to stand over people and feel powerful and get it over with.
I don't think revenge is the motivation, but it's hard to know what the actual motivation is. I think it's some mix of:
- Execs truly believe that culture and productivity are better in office (i.e., what they actually say in their announcements)
- An opportunity to force attrition without layoffs
- Maintain real estate value / Justify real estate investments
- Belief that remote workers are more likely to jump to another company
- Opportunity to claw back a perk that can be returned in future negotiations if needed
- Big tech companies are mature and no longer need to compete so heavily on brand/perks
- Execs personally prefer employees in office for some other reason (e.g., wanting to feel powerful)
- Execs have strong data that productivity is higher in an office (seems unlikely, surely they'd have published it by now)