Technology

58306 readers

3213 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

895

Companies With Flexible Remote Work Policies Outperform On Revenue Growth (www.forbes.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

59 comments fedilink hide all child comments

Companies With Flexible Remote Work Policies Outperform On Revenue Growth::According to a new report, companies with flexible remote work policies outperform firms with more restrictive policies when it comes to revenue growth rates.

you are viewing a single comment's thread
view the rest of the comments

[–] spudwart@spudwart.com 24 points 10 months ago* (last edited 10 months ago) (2 children)

Work from home is the future for businesses that 100% operate out of an office, and are basically only an office.

Why pay for a centralized building? Pay for upkeep? Pay taxes for the building?

Especially when the WFH model makes more money? Well, to the wealthy few they realize the soul-crushing work in-person model maintains their class status. This could upset their class structure, and they're terrified of it.

But in a beautiful twist of fate for once, the legal decision to make growth the #1 goal of publicly traded companies is working against the class that instated them.

[–] SamVergeudetZeit@feddit.de 13 points 10 months ago (2 children)

I'm popping a bottle of discounter champange when the 'office-building-crisis' starts

[–] spudwart@spudwart.com 7 points 10 months ago (2 children)

Hopefully they will become the desperately needed affordable housing.

[–] SamVergeudetZeit@feddit.de 2 points 10 months ago

Stop dreaming.

[–] hydrospanner@lemmy.world 2 points 10 months ago

They won't.

It's prohibitively expensive to convert office buildings into residential. So prohibitively expensive, in fact, that it's often more cost effective to demolish the entire building and rebuild residential in its place.

(At which point, of course, the owner will have sunk so much into their investment that the cost of the brand new housing will be as high as they can possibly make it and still fill the place.)

[–] lapommedeterre@lemmy.world 5 points 10 months ago (1 children)

It's definitely in the starting/fear of happening phase. In the US, I often see articles talking about the potential financial meltdown that empty office buildings are going to create.

[–] frezik@midwest.social 5 points 10 months ago

There's probably always going to be a central administrative place for handling mail, holding sensitive documents, etc. But it can all be a lot smaller than it is now.