Get the latest tech news

The war on remote work has nothing to do with productivity


It's about debt on zombie office towers.

Many news outlets finally came clean last year and reported that a big chunk of companies might simply be using office return mandates as an excuse to lay off employees and “restructure” their workforce. A piece in Forbes is predicting a major collapse for the same reasons, citing a Columbia University economist who foresees a minimum wipeout of $644 billion, and possibly up to $1.5 trillion. We’re talking about all those restaurants and coffee shops that serve breakfast and lunch to white-collar workers, and all the bars where people used to go and complain about work before they spent an hour commuting home.

Get the Android app

Or read this on Hacker News

Read more on:

Photo of productivity

productivity

Photo of Elite

Elite

Photo of War

War

Related news:

News photo

Amazon says no to remote work

News photo

God Of War: Ragnarok's PC port is out and it fixes one of the game’s most annoying quirks

News photo

UN Experts Urge Countries to Refrain From Using AI to Wage War