Forcing Workers Back to the Office Might Not Have Been a Good Idea After All ( futurism.com )

silvercove , 10 months ago

There are no arguments for returning to the office that make sense. People who argue against remote work are historical artefacts from a bygone age.

lemmyseizethemeans , 10 months ago

Well to be fair I wouldn’t categorize the entire banking industry and investment capitalists who have over a trillion dollars in commercial mortgage backed real estate collateralized debt obligations invested in those office buildings as being from a bygone era.

TLDR It’s 2008 all over again. They bundled up commercial mortgages into securities that blackrock etc are heavily invested in. They are over leveraged because over the counter swaps still don’t require verified money in the bank to cover losses. If people are not forced to return they know the real estate market will implode and take Citibank Morgan Stanley etc with it

malloc , 10 months ago

I’m okay with people returning to office. But forcing it down people’s throats when remote working has been working for the past few years is NOT okay. Fuck these out of touch companies and executives. I would rather quit than bend to their bullshit.