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Office mandates don’t help companies make more money, study finds (www.spokesman.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Office mandates don’t help companies make more money, study finds::Three years after the coronavirus pandemic sent people to work from home in record numbers, U.S. employers are still struggling to get people back to the office.

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[–] neshura 3 points 9 months ago

Iirc a key problem is a lot of these companies used their office space as collateral for loans. They literally cannot afford to have the value of that office space degrade so forcing everyone back into the office seems like the only solution to them.

Nevermind that it's not a sustainable tactic long term but smart business decisions isn't something I expect from companies operating with permanent debt anyway.