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A comment on Dell goes back on WFH pledge, forces employees to come back to the office. Parent comment

Re:Dell goes back on WFH pledge, forces employees to come ba... by Kerrick on Monday May 15, 2023 @11:19AM (#35949628)
Couldn't there be an Option 4 like this?

4) Some companies have a significant amount of capital tied up in CRE. Preventing its value from going to from $X to $0 is valuable to the tune of $X. There is no apparent cost to the C-suite in enforcing RTO. So for no cost, you can save $X. It's simple, non-complex, and tied to obvious incentives.

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Re:Dell goes back on WFH pledge, forces employees to come ba... by bityard on Monday May 15, 2023 @12:06PM (#35950462)
Dell probably owns SOME real estate but their business is making computers and shit, not renting and selling property. They have no incentive to increase the value of any property they hold. Like most large businesses, they likely rent the vast majority of their offices so falling rent would actually benefit them.

I'm as much of a WFH proponent as the next guy but blaming CRE on the latest return-to-office movement is some crazy conspiracy theory stuff.

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Re:Dell goes back on WFH pledge, forces employees to come ba... by oblio on Monday May 15, 2023 @06:29PM (#35955372)
Dell doesn't own a ton.

However, who are Dell's the main shareholders? Do they have any vested interest in commercial real estate? Are they associated in other ventures with people who have a vested interest in commercial real estate?

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Re:Dell goes back on WFH pledge, forces employees to come ba... by grepfru_it on Tuesday May 16, 2023 @09:11AM (#35961384)
Go lookup Dell Capital.
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Re:Dell goes back on WFH pledge, forces employees to come ba... by oblio on Tuesday May 16, 2023 @10:07AM (#35962095)
Frankly, I don't want to, but based on the other comments, you've proven my point :-)
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Re:Dell goes back on WFH pledge, forces employees to come ba... by MerManMaid on Monday May 15, 2023 @07:31PM (#35955957)
>Dell probably owns SOME real estate but their business is making computers and shit, not renting and selling property.

You would think...

Dell is a subsidiary to "Dell Capital" who's portfolio also boasts at least a 10B stake in real estate. (Primarily CRE) https://www.prnewswire.com/news-releases/bdt--company-and-ms...

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