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Says WFH is terrible
Is biggest commerical landlord
Yup, definitely totally unbiased opinion im sure lmfaooo
Not only unbiased, but completely relatable and down to earth. I’m sure he lives just like the rest of us.
Let's assume for the sake of argument he's correct. So fucking what? Wealth concentration is wage theft. Profits are at historic highs. They owe it to the workers to put down the fucking whip. It's better for the environment. Every worker who wants to telecommute (in jobs where it's possible) should be allowed to do so. It's unethical not to. It should be made illegal, IMO.
Oh, well, we’ve been over producing by taking in extra tasks and not getting raises for many years with extra work while in the office. I guess this is just our reciprocity and evening out our personal time.
I wonder if I sent him a pizza, would he feel better about it all?
Oh. And you expect me to be in the office? Then you should make an appearance daily in the office. I don’t care if you’re halfway across the US - you better show up to say hi and prove you’re there you fucking slacker.
Oh. And you expect me to be in the office? Then you should make an appearance daily in the office. I don’t care if you’re halfway across the US - you better show up to say hi and prove you’re there you fucking slacker.
This is the biggest reason people don't respect the Return to Office mandate of some companies. If the C-suite jabronis can't be arsed to show up and it's okay for them to telecommute, they've given away the game. It's rules-for-thee-not-for-me and it's as simple as that. Treating adults well into their professional careers like children who must be watched endlessly is a slap in the face to these professionals. It's why more often than not they're just finding a different job that does respect them.
This is such short-term thinking. They're going to lose their most productive and most valuable employees to this, and then their business will slowly fold like a flan in a cupboard.
Raises beer!
There are no metics to support any drop in productivity. There are lots of metrics to support making people go back to the office is bad for the environment. The traffic were I live is pretty much back to what it was before. It's gross just watching the haze of fumes knowing it is there so these dickheads can maintain their property portfolio.
Anecdotally, I clock more hours WFH than I ever did going into the office- the matter of having to catch the last train out of town put a hard limit on how long I could crank code.
Without those extra 4 uncompensated hours in my day (plus the overhead time and mental energy monitoring the timeline of my day vs. just doing what I do), I get more done and I have more time to do it. Being autistic, I appreciate having uninterrupted time-blocks I can use to hyperfocus and get things done- and having to be aware of when to tie things up and GTFO in time to catch that train interrupts that.
Schwarzman isn't really concerned with my well-being or with my productivity at work- he's concerned with maintaining high demand for commercial real estate like my company's office. He can pound sand.
I still go in every once in a while just to show my face and get some IRL time with co-workers, but my employers aren't pushing the 'get back to work and do real work' line, they're aware that working in the office (we're mostly coders and such) will cost us productivity if anything and they're just encouraging us to get in a few times a year and do some face to face social stuff.
I work a job where our metrics are extremely easy to analyse, since switching to 100% remote work instead of 60% max at will remote work our productivity has increased by 15%... How much are companies willing to spend to increase productivity by 15%? Imagine being able to get that boost by saving money instead!
Yeah, but notice that his whole point was about "working hard" which is not at all the same as "being productive" and about employees "saving money", which something that's not up to an employer to decide on.
It's not at all about the kind of metrics a competent manager would be worrying about.
I'm not saying violence is the answer, but I do believe he deserves to be strapped into a machine that just slaps him in the face constantly
I dunno, historically speaking, violence has often been the answer.
Maybe it wasn't always the best answer, but it certainly is effective. Just ask the French!
Ah, yes, a man with a vested interest in seeing offices full to capacity can clearly be trusted to tell the truth here.
Commercial landlord. LOL, like this douchebag has a clue what he is talking about.
Translation: These remote workers are costing me money!!!!!
Someone is confusing hard work with productivity. Fucking dinosaur.
Even if we accept the premise that remote workers "don't work as hard," so what? They're either fulfilling their job responsibilities or they're not.
I mean, it's true? I used to have to spend 11 hours a day to get 8 hours in my workplace. Now I spend 8 hours a day to get 8 hours in my workplace. And I start earlier and finish later because I can take longer breaks during the day when no one needs me to be there. And I get more done because I'm not knackered all the time from commuting 3 hours a day.
They're quids in (unless they've based their finances on the capital gains from owning property in a ridiculously expensive city while shunting the costs onto lower paid workers who are forced to commute long hours at their own expense).
he said employees had kept working from home because “they didn’t work as hard, regardless of what they tell you” and also due to the savings they make on their daily commute, lunches and work attire.
It’s almost as if people enjoy having extra disposable income!
How dare the common staff attempt to save money?!
That is not their lot in life! They ought to be thankful for the pittance they receive as it is, and they are entirely ungrateful wretches to think of saving and trying to improve their situation!
Entirely ungrateful!!
Really just needs to be common practice or law to pay workers to commute.
I've said it before and I'll keep saying it, one of the fastest ways to pull cars off the road is to pass strong incentives/taxes on businesses to encourage them to adopt a hybrid or remote work model. I live in a rural area where you frequently need to drive to the next town over for this that or the other thing and my hybrid work schedule has allowed my family to become a single car family in about the most eternally car dependant kind of living situation there is
"It's very important to me that you head into a large and expensive to rent office. Don't ask me why."
We should remove these people from all levels of power. They are not fit to be in charge of anything, ever.
Obviously, the dude owns commercial real estate. Of course he's talking shit about people that don't want to go to the office.
I'm never going back to an office. Started my own business and never looking back. Information workers don't need offices, period.
Dude probably can't wait to replace his own office staff with AI. Tell him to eat shit.
Remote workers can live in locations with cheaper rent. Blackstone has invested far too much money buying up overpriced housing in densely populated areas to allow that. A spread out population is bad for their bottom line.
Such bullshit.
These old fux just want to control people.
You know who really doesn't work hard? Shareholders. Why the fuck do they get preferential treatment over the people actually doing the work?
The irony of the hedge fund boss that owns the world's largest corpo land lord complaining about WFH employees not doing real work
He’s essentially saying that companies need employees to come work at the office because the real estate investors depend on it.
Question what do the models say will happen if commercial real estate values crash because everyone is wfm? Can it really cause an macro economic issue?
Headline in a reality literate world: "Remote employees 'don't work as hard' says obscenely biased and out of touch person with a vested interest in the abolishment of remote work."
The evidence says otherwise. He can go fuck himself. I personally prefer going in but I understand people wanting to work from home or at the very least do hybrid work. Childcare is fucking expensive and if you can work while watching kids, that can really help combat the massive rise in housing costs.
I can't wait to see these billionaires dragged out of their bunkers and eaten.
Oh shit! And does the CEO of Tyson think vegetarians are malnourished?
You know who actually doesn't work hard at all? steve schwarzan. Fuck these lazy ass execs and share holders. I think we outta put em all in metal tubes and drop em in the ocean.
Well he can go fuck himself.
I actually work harder (in general) than before because now I don't have to commute, 1-2 hours more a day I can spend getting stuff done
Probably doesn't like WFH because people can clock off when their task is done and he can't ask them to work unpaid overtime.
Probably part of it, but being a commercial landlord is probably bigger. WFH is reducing the need for offices and thus hurting his property values.
I don't know... I feel like I need some sort of perk if I'm going back to work. How about a pizza party or some Alf pogs?
Business saves money: "the goal of a business is to make money"
Employee saves money: "you just don't want to pay all the robber barons all the way in and out of work you lazy piece of shit"
I mean, at work I'm probably just going to play Pokemon on my phone until an actual assignment shows up, then do it and back to Pokemon.
If I worked from home I can't imagine I would do my job any differently, except it would probably be playing Pokémon Violet on the switch instead of Pokemon Masters on my phone
Steve Schwarzman of the Blackstone group can fuck all the way off.