Hey, that totally makes sense. In one of the biggest tech companies named after one of the biggest rivers in the world, when the RTO was announced, there were talks that its main reason was to occupy the office buildings in US. Back then it didn't make any sense for me, but now the last piece of puzzle came to its place and yeah, the reasons you mention are totally plausible. To force some people to leave and to bring back real estate prices. The only way to protest against it for me is to stop working for the river-company.
Love this conversation, something that is heavy on my mind! Just seems inevitable that work will continue to go more remote. Maybe this is a last stand of large company’s with long leases to make sense of their commercial space.
Thanks for watching Cole! Yeah, I believe in remote work (even before we proved it worked the last 3 years). I've heard a lot of bullying Blackrock, Vanguard and State Street do to big companies. Even Apple didn't want to implement ESG, but these companies forced them into it because of the power they have. So it made me think, I bet they're behind the push to get people back into the office too. Hopefully these huge companies get broken up for the monopolies they are and let us stay working from home!
I believe that the power of free market can do its magic. Brilliant people may leave those RTO-companies and join the remote ones. That may negatively impact the business of the former and positively - the latter. So, the companies that now force people to the offices will face the choice - get stock prices hit from Vanguards and co. market manipulations or get stock hit from decline of the business because of understaffing.
Would this apply to companies that are not publicly traded? My company is not but we were forced to RTO back in April or about there 2024, aligned with so many other companies. Also a very arbitrary 4 days instead of 3, which is what hybrid typically referred to for many years. Just trying to understand how these factors might tie in to this hypothesis.
![[TH]FFWS SEA 2024 Fall - Knockout Stage Day 3](http://i.ytimg.com/vi/LDH9JbNtjnQ/mqdefault.jpg)
![น้าครับ..ผมรักน้า EP.04 - ปีกแดงเดอะซีรีส์2024[ฟินมาก] บทซีรีส์สร้างขึ้นเพื่อความบันเทิงเท่านั้น](http://i.ytimg.com/vi/m9Q6MwoWgaQ/mqdefault.jpg)
All of this totally makes sense!
Great info once again!!!!
Hey, that totally makes sense. In one of the biggest tech companies named after one of the biggest rivers in the world, when the RTO was announced, there were talks that its main reason was to occupy the office buildings in US. Back then it didn't make any sense for me, but now the last piece of puzzle came to its place and yeah, the reasons you mention are totally plausible. To force some people to leave and to bring back real estate prices.
The only way to protest against it for me is to stop working for the river-company.
Yeah that river company is 70% owned by blackrock. So they have a lot of sway over them. Best of luck to you!
Love this conversation, something that is heavy on my mind! Just seems inevitable that work will continue to go more remote. Maybe this is a last stand of large company’s with long leases to make sense of their commercial space.
Thanks for watching Cole! Yeah, I believe in remote work (even before we proved it worked the last 3 years). I've heard a lot of bullying Blackrock, Vanguard and State Street do to big companies. Even Apple didn't want to implement ESG, but these companies forced them into it because of the power they have. So it made me think, I bet they're behind the push to get people back into the office too. Hopefully these huge companies get broken up for the monopolies they are and let us stay working from home!
Very insightful and informative!
I believe that the power of free market can do its magic. Brilliant people may leave those RTO-companies and join the remote ones. That may negatively impact the business of the former and positively - the latter. So, the companies that now force people to the offices will face the choice - get stock prices hit from Vanguards and co. market manipulations or get stock hit from decline of the business because of understaffing.
Would this apply to companies that are not publicly traded? My company is not but we were forced to RTO back in April or about there 2024, aligned with so many other companies. Also a very arbitrary 4 days instead of 3, which is what hybrid typically referred to for many years. Just trying to understand how these factors might tie in to this hypothesis.