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CEOs Are Using Return To Office Mandates To Mask Poor Management (www.forbes.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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CEOs Are Using Return To Office Mandates To Mask Poor Management::Why are companies that promote remote services so opposed to enabling remote work, and more importantly, feel the need to threaten their employees?

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[–] MajorHavoc@programming.dev 107 points 9 months ago (2 children)

"the analysis revealed that RTO mandates are more likely in firms with poor recent stock performance and have had no significant impacts on firm profitability or stock-returns."

surprised Pikachu

[–] Assman@sh.itjust.works 44 points 9 months ago

This is our company. Haven't met our growth goals since covid? Make everyone commute three times a week, that will fix it. We need to bring everyone together to find the missing money that leadership decided we should be making.

[–] beirdobaggins@lemmy.world 5 points 9 months ago

And the RTO demands are about intentionally lowering headcount without paying unemployment or severance so they can boost their numbers.