Amazon CEO reportedly told remote employees: ‘It’s probably not going to work out’

https://lemmy.world/post/4055708

Amazon CEO reportedly told remote employees: ‘It’s probably not going to work out’ - Lemmy.world

Amazon CEO reportedly told remote employees: ‘It’s probably not going to work out’::Amazon CEO Andy Jassy responded to employees’ reluctance to return to the office by telling them that “it’s probably not going to work out,” according to Insider.

Yep. This solidifies my belief- irs a real estate issue

But why though?

Wouldn’t it be more cost effective to not pay for huge buildings?

And even if you can’t get out of the contract, wouldn’t it still be more cost effective to just leave it empty without paying for electricity, water and heat?

Yes but there are some complicating factors.

Companies may actually need to provide an office for some employees who really need a place to work. Most people want to work from home but there are some who don’t have a suitable space and need something. It also gives the company a space where they can conduct job interviews, or corporate meetings. They may not be willing to just exit an entire city have no physical presence anymore.

Then there is the issue of blame: if they eat the real estate loss and just the lights out, whose fault is it? Someone gets the blame or has to at least put that loss on their books. They’d rather direct the blame at employees for not wanting to work.

And finally there are some execs who actually believe the office is better and will die on that hill.

Add up these factors and I think sometimes it tips the balance.