Return to office is 'dead,' Stanford economist says

Re:Return to office is 'dead,' Stanford economist says by NoMoreNicksLeft on Friday December 01, 2023 @11:38AM (#38488732)

> Or executives believe it is beneficial for themselves.

I don't disagree with this. I do get that feeling that this is part of it...

But executives are often the ones trying to squeeze an extra dollar out of every line on the ledger. Are they really willing to spend so much extra for this perceived personal benefit? Are their bosses willing to indulge them like that?

These aren't insignificant costs. For gigantic companies, the big skyscraper headquarters in some world class city must comprise just as much of the budget as a more modest building for a more modest company in Oklahoma. They're spending millions for it.

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Re:Return to office is 'dead,' Stanford economist says by pgeorgi on Friday December 01, 2023 @11:52AM (#38488931)

But it's a cost they don't bear, it typically ends up in a different section of the balance sheet. And as soon as somebody else pays for it, personal benefit (perceived or real) takes the front seat. See business class pricing in travel, for example.

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Re:Return to office is 'dead,' Stanford economist says by vidarh on Friday December 01, 2023 @02:05PM (#38490791)

If their bosses do the same it won't be seen as indulgent. And indeed cargo cutting what their boss does might well be another aspect of it.

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