Comment by CydeWeys
> In many cases it may just be managers who need to justify having spent all that money on their office spaces.
I find this argument uncompelling as everyone can obviously see that things changed since February 2020, and sunk costs do not justify throwing more good money after bad. It could easily have been the correct decision to acquire more office space years back and it could just as easily now be the correct decision to divest that office space if more workers are remote, and it's not anyone's fault for not having seen into the future that there'd be a global pandemic.
> things changed since February 2020
Certainly nobody will blame managers for real estate decisions which were made prior to 2020. But a large number of companies revised expectations that workers would return to office as late as Q1 2023 and some even later.
https://www.vox.com/technology/2023/5/15/23721410/return-to-...
> sunk costs do not justify throwing more good money after bad
Sure. In a rational world, the office space costs are sunk and everybody just moves on. But seeing that RTO just decreases competitiveness for hiring without hard benefits to show for, this indicates that the decisions are not rational. The sunk cost fallacy is easy to fall for, and that is even before considering how business leadership roles attract narcissists who have a hard time taking blame for anything.