this post was submitted on 11 Aug 2023
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Execs making decisions like this are a red flag.
Office leases are a sunk cost, if there's no value add to using it, don't. Even a profit-chasing ghoul knows you don't throw good money in after bad.
Source: was a profit-chasing ghoul
Ps: they could be doing this to lay off employees without severance, or to signal to shareholders that they're still God and the rest of us are peasants, that would make more sense for the ghouls
Even better they renovated the offices and made them more "open concept/shared workspace/no assigned desk" offices with lockers to stuff your equipment in once you are off work. Built an online reservation system for it as well you were required to use.
Do you work in my office?
Not only did they so that during the shutdown, but they scrapped all the old desks and filing cabinets (contents and all) without informing the people who had stuff in those.
Apparently they put up signs for a week in the empty office alerting people to empty their desks, but nobody was in the office ro see those signs in 2020 when they were doing the renovation.
It's crazy to me that bigwigs see office space as a sunk cost, but not employees.
They'll drop and burn employees like going through tissue paper, but useless buildings? Nah, better use it even if it's worthless.
Having long time tenured employees does nothing but benefit a company since they can perform tasks that would take a new employee hours to weeks in minutes to days, hell, it even lets you employee less staff due to that efficiency that can only be acquired through experience. It baffles me how those at the top just refuse to think efficiently.