Re:Backlash over Amazon's return to office comes as workers ...
by snapcaster on Wednesday September 18, 2024 @03:28PM
(#41584382)
This keeps being repeated but there is no evidence provided. Can you point to a single example of a company where this calculation would be made/true?
[ Parent
| on HN ]
Re:Backlash over Amazon's return to office comes as workers ...
by ghaff on Wednesday September 18, 2024 @03:36PM
(#41584475)
The company I used to work for was aggressively not renewing leases that they no longer needed given lower office occupancy. I have no doubt that companies trying to force people back into offices have some pretty silly reasons for doing so (including pressure from local governments) but the idea it's all about execs propping up commercial real estate seriously makes no sense even if it satisfies some conspiracy theory impulse.
Re:Backlash over Amazon's return to office comes as workers ...
by varispeed on Thursday September 19, 2024 @11:07AM
(#41592702)
https://www.ucl.ac.uk/bartlett/construction/real-estate-brei...
https://money.usnews.com/investing/articles/reits-to-capital...
Whilst these are not direct examples, they show the commercial estate market is in deep trouble if people are not going to return.
Re:Backlash over Amazon's return to office comes as workers ...
by snapcaster on Friday September 20, 2024 @12:56PM
(#41603741)
Right, but the reason this theory doesn't make sense is because why would the executives of another company give a shit? How would they induce a bunch of tenants to RTO on their behalf?