RTO = free layoffs
That and executive ass covering, a way to avoid admitting to shareholders that they wasted their money on useless commercial real estate.
It’s also shooting themselves in the foot. The first people to leave aren’t going to be the clock punchers, it will be the best and brightest who can easily find other jobs.
That’s a feature, not a bug.
The best and brightest will challenge leadership. The shitty barely competent value engineer will say yes until they fuck up so bad they get promoted.
The first people to leave aren’t going to be the clock punchers, it will be the best and brightest who can easily find other jobs.
Yes. But some of them are also the most expensive ones, so when they leave costs go down. And we all know “numbers must go up” (=cost must go down).
So you’re left with departments full of clock punchers who don’t have vision or leadership. If you want to kill your Golden Goose, that’s a good way to do it. The remaining departments full of drone followers aren’t going to be making you the exciting groundbreaking products that make you money.
Of course then again I personally see value in employees, maybe business leadership does not or thinks they are all generic replaceable.
In my experience: the higher up the management chain, the higher the chance that they are just in for the bonuses - not for the company / industry. And those bonuses are always bound to these numbers which need to go up. When the numbers go down, these people are long gone.
You nailed it. look at their more recent announcements about execs not taking bonuses— they’re giving up bonuses for the coming year. I expect most of them to ‘pursue other interests’ but they’ll keep their bonuses, whatever team gets brought in to right the ship will then get screwed.
Might also be ass covering- with a pre-emptive promise of no bonuses it may be harder to replace them…
Idk about the whole talk of having an excuse to shareholders, I don’t think shareholders look into hey these offices are sitting unused I demand an explanation I think they care how much profit the company making and what are future predictions of profit.
No, but it will bring into question the process by which they were acquired to begin with. Somebody will ask, why did you spend x billion on real estate when it was obvious that remote work was the future? Or if they are locked into a long-term lease, eventually the question will come up why are we spending all this money for office space we aren’t using? Shouldn’t we have thought of this earlier? Not having workers in the office makes it obvious that real estate was a bad investment, and many of these companies are pretty heavily invested in real estate. Easier to screw the workers with what can be explained away as a management strategy than admit a wasted a whole bunch of money buying and building and renovating space you don’t need.
5 day RTO is a stealth layoff. This is a feature, not a bug.
It’s like reverse stack ranking. They’ll be left with the people that couldn’t find another job.
and the people who know exactly how to waste time in an office.
That’s literally what we all do in office. Just sit ans chat. It’s country club. Productivity went up during covid.
Yup, I waste way more time in the office than at home, and I waste plenty of time at home. Also, the time I don’t waste is more productive at home than in the office.
I still value going to the office, but doing it everyday would just kill my soul. I need some time to myself to get stuff done.
I love being able to fold laundry or go on elliptical during calls. Plus the extra sleep and no commute means im waaay friendlier in calls. Everyone wins.
A.k.a. Twitter and the elon filtering moment
Brain drain is the perfect way to end monopolies.
This is false.
Yep this has been the modus operandi for businesses who want to reduce workforce without having to pay for layoffs.
Quiet firing, if you will.
Like many companies, they overhired in the last 4 years. Some of these people are due years of severance (my offer listed 2months for every year after 1 year), not to mention the vested stocks and other bonuses granted during this insane hot hire period.
So how do you remove people not loyal to the company? The most hated mandate ever. Amazon is a company that doesn’t need people in the office. This is nothing more than screwing people over.
So they’re not paying severance to employees they fire?
Yes, but they’re making people quit instead. They don’t need to pay severance to employees who quit because of RTO.
They are getting severance when terminated, unless for cause. My comment was, this is how they avoid it by forcing people to quit.
No rank and file US-based employees at Amazon are getting years of severance. They don’t do that.
Yeah, that was a typo and my experience is limited towards the AWS side which is also facing this issue. But the numbers are there, some people have been at Amazon for a decade, so 20 months (if they had MY package of 2mos per year). Amazon was throwing everything at new hires, because they were making bank on their work.
If Amazon don’t think that remote work is productive, then they don’t think they’re losing anything. I don’t even know how “stealth” this is at all. They must believe that those individuals could be productive, because they are trying to keep them working in office. I’m not sure why anyone thinks a company like Amazon would try to be “stealth” about a layoff anyway. They don’t need to.
You don’t h
