this post was submitted on 18 Oct 2023
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Roblox tells employees they have to come to office three days a week or take severance package (www.cnbc.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Roblox tells employees they have to come to office three days a week or take severance package::Roblox CEO David Baszucki told remote employees that they'll have to start coming to the office Tuesdays through Thursdays.

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[–] SmoothIsFast@citizensgaming.com 10 points 1 year ago

It's because they all have assets in corporate real estate, have massive amounts of debt that they just refinance latter and get more investors on board so they can ignore the problem. Now we have real pressures that would kill their inflated corporate real estate assets turning that balance sheet upsode down and they are in a panic because they haven't been effectively doing the job they are supposed to. Fuck them