by AHOHA on 6/10/2023, 4:36:28 AM
It was never about productivity, anyone thinking otherwise is just another fool. It’s a lot of reasons but I think you hit the biggest factor: banks, landlords, and even governments want people back, and they were pushing directly and indirectly companies to force their employees back into the office.
Only time can tell who would win this fight.
The other thing I can't seem to get out of my head is that it's felt like a waterfall effect with the messaging in the media. First it was the banks, then when they couldn't get people to listen it's become other businesses. Specifically tech businesses most recently. This feels very much like a coercion by wall street. I kind of feel like if I was a fly on the wall in loan negotiations between the largest tech companies and the largest banks, I'm guessing banks may be changing terms of loans based on whether or not the company is doing most of their work as work-from-home or not.
Finally, third interesting insight, I've recently been reading articles about how US worker productivity is falling precipitously. I have so many questions about this. Primarily, how is it possible that employee output is so bad when company profits are so good?