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yanderekko | 2 years ago
That said, this article flirts with the often-made argument that RTO is some sort of way of boosting commercial property prices or tax incentives. I've never bought this and would be curious to see the argument steelmanned, since I don't think large corporations are going to easily fall into this sunk cost fallacy style thinking. If remote work boosts productivity and allows them to lower the costs of having offices, companies should embrace this even if they made prior investments in having offices.
hemloc_io|2 years ago
Large employers, think Amazon in Seattle, often have special agreements with the city for taxes.
Without the employees coming in and supporting local businesses there's a decline in tax revenue and local govt threaten to take them away. (As well as play less ball with the larger employer on other things like permitting etc.)
For these large companies they want political power as well, and maybe want it more than a marginal boost in productivity from remote work.
yanderekko|2 years ago
ghaff|2 years ago