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

IBM Software mandates in-office work for employees living within 50 miles | "Software Executive Focals" will be laying down the law::undefined

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[-] flamboyantkoala@programming.dev 98 points 9 months ago

You don’t triple your software output by going to the office. You can improve it by getting developers uninterrupted time with a healthy line of workable items ahead of them.

This is probably going to have the opposite effect they desire.

[-] WheeGeetheCat@sh.itjust.works 21 points 9 months ago

What Im realizing is that they still win even if the product gets worse. They don't care about the product. They care about the short term gains that come from fucking around with their bottom line expenses and then presenting that to shareholders as value gain.

Modern day capitalism rewards nothing of value.

[-] ArbiterXero@lemmy.world 11 points 9 months ago

The CEO literally has only one duty, and its fiduciary duty to the stock holders.

They can be sued and removed if they’re not doing what’s best for the shares.

That’s the biggest problem in society these days as far as I’m concerned

[-] WheeGeetheCat@sh.itjust.works 5 points 9 months ago

Yup, incentives at publicly traded companies are way out of whack and its killing us all slowly

[-] ArbiterXero@lemmy.world 3 points 9 months ago

There’s just so much more value in “line goes up” than in “I make decent toasters”

[-] Haywire@lemm.ee 4 points 9 months ago

And only quarter by quarter. No long term responsibility to the shareholders.

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this post was submitted on 12 Sep 2023
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