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Re:Apple tells employees to work at the office three times p... by sircastor on Tuesday August 16, 2022 @12:10AM (#32479106)
It depends if a company’s desire for butts in seats exceeds its money-saving on utilities and rental. That doesn’t apply to Apple, probably because they’re just paying the loans for their new campus, but small companies, or companies that have satellite offices might be saving a bundle by letting their employees wfh. They just have to wade though all the middle-management that loses a lot of its value when there’s no one to lord over.
Re:Apple tells employees to work at the office three times p... by smugma on Tuesday August 16, 2022 @12:29AM (#32479200)
Loans for campus? They do have some debt but have ~$100B net of their debt
Re:Apple tells employees to work at the office three times p... by sircastor on Tuesday August 16, 2022 @12:43AM (#32479270)
Yes. One of the funny things about having a lot of money is that it makes a lot more sense to borrow someone else’s money than spend your own. I can’t speak to the specifics, but I’m willing to bet Apple took out some very large loans to build Apple Campus.