this post was submitted on 13 Jan 2024
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I’m so tired of businesses claiming that the only way for a company to be successful is if everyone is in person for the dear dear meetings. We all know exactly what this is about. 1. It’s more dofficult to micromanage employees when a manger can’t constantly observe them, and 2. All the giant real estate investments companies have made is now coming due and they cant fill up their buildings fast enough to get those tax breaks. Why the hell else are they “tracking” people in the office. Meanwhile senior leadership can come and go whenever they see fit. It’s control. Plain and simple.
WebMD is owned by Internet Brands, which is owned by KKR, an investment group with $64 billion in real estate assets. This has fuck all to do with productivity or middle management.
https://www.kkrreit.com/our-company/about-us
https://www.webmd.com/corporate/press/20170915/internet-brands-kkr-portfolio-company-successfully-completes
Fuckin kkr. The ones who got Toys R Us to go bankrupt just to make a buck. They also purchased the company i worked for then sold it to another company which resulted in big layoffs some years back. They can eat shit and die.
I miss Toys R Us
We still have them in Canada!
Well, good news—Macy’s has brought them back.
There are company’s where their whole business strategy is to get their employees on the board of a struggling company with the plan to enact policies that seem like they will help but just dig the hole deeper. Until they can start selling off assets, move to bankruptcy, then sail away with golden parachutes to do it all again.