Comment by jmyeet

Comment by jmyeet a day ago

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It's a mistake to view this from the perspective of productivity and whether or not someone can do their job at home or not. Clearly they can. We kept these companies alive by WFH during the pandemic. But they simply don't care.

RTO mandates are nothing more than soft layoffs. People have moved. People may not be able to come back. People may simply not want to. Some of those people will quit. And that's cheaper than a severance package.

We are in permanent layoff culture now. Why? To suppress wages and get more work for no extra compensation. 5% of the staff gets fired? The other 95% has to do their work for no extra money AND they're not demanding pay raises. Win win.

Over time profits have a tendency to shrink and the only way to maintain the insatiable appetite for increasing profits is, ultimately, by raising prices and cutting costs. I wish more people realized this is all that's going on.