this post was submitted on 24 Aug 2023
1064 points (96.7% liked)

Technology

59314 readers
4603 users here now

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

Our Rules

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

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
1064
Return-to-office orders look like a way for rich, work-obsessed CEOs to grab power back from employees (www.businessinsider.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
107 comments fedilink hide all child comments
 

Return-to-office orders look like a way for rich, work-obsessed CEOs to grab power back from employees::White-collar workers temporarily enjoyed unprecedented power during the pandemic to decide where and how they worked.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] Blaidd@lemm.ee 2 points 1 year ago* (last edited 1 year ago) (1 children)

If I'm understanding correctly, you're saying you don't see the trend of office real estate losing value? This might be a problem mostly for the US, but Manhattan real estate is definitely struggling. There's also the company WeWork, which is basically AirBnB for office spaces, which is now on the brink of collapse.. WeWork had bought up so much office space for renting out that US banks are legit concerned over what happens if the business fails.

[โ€“] ZodiacSF1969@sh.itjust.works 1 points 1 year ago

Thanks for the sources, yes looks like the US commercial real estate market is in trouble. Here in Australia it's not that bad, though there are predictions that there may be issues due to economic reasons, with WFH playing a small part.