90% of companies say they’ll return to the office by the end of 2024—but the 5-day commute is ‘dead,’ experts say
Even though more companies have introduced stricter in-office requirements for employees, office occupancy has remained relatively unchanged from the past year.
I have heard from several people that believe this is an effort to generate positive economic feelings ahead of election. Back to office means a boost to labor-required jobs. Restaurants, parking, office maintenence, shops, commercial real estate and all areas that support office personnel etc. etc. Theory is that it will give an artificial impression that the economy is doing well. Media will soon be reporting that people "feel" that the economy is booming. Then we will hear: "All hail Biden for fixing the economy."
It will backfire. A local company is doing this and most remote workers have said they’re looking for jobs elsewhere. I think it’s another attempt to “downsize” without raising the “layoff” flag
I work for a very large financial institution and can confirm, this is being rolled out all across the organization. Employees who were hired as remote will be required to work on site a minimum of 3 days a week.
They have been downsizing the real estate footprint since the pandemic by not extending contracts for leased buildings and shutting down branches left and right. They are currently saying if you’re within X miles from a “Hub” you will need to commute in. Those not in the hub will not need to.
However—- as time marches on, those NOT within a hub location will have one hell of a time getting a new job within the organization as priority will go to those in the Hub.
The writing is on the wall. There is no way this is about productivity and collaboration.
This is bullshit. Companies are hiring t Remote workers that are no where near the office. How are they going to make some come in and other just stay remote?
Are you saying what I’m telling you is bullshit or what they are doing as a strategy is bullshit? I’m currently going through this as we speak, I’m just passing the information along.
They are not bringing people na to the office wholesale