Board rooms full of people heavily invested in commercial real estate.
Comment on Amazon exec says it’s time for RTO: ‘I don’t have data to back it up, but I know it’s better’
NounsAndWords@lemmy.world 1 year ago
But I know it’s better
Better for whom?
roofuskit@lemmy.world 1 year ago
sunbeam60@lemmy.one 1 year ago
I have very real examples of this being the case where I am. There’s a lot of real estate that if it falls in value it materially impacts the exec leadership. No wonder they are so keen to save Pret.
Kbin_space_program@kbin.social 1 year ago
People who have investments in:
• corporate real estate and companies like Blackrock, Concord Pacific and Amazon who own billions of dollars of corporate real estate.
• downtown coffee shops that exist toripoffserve otherwise stranded office workers.
• car and oil companies because all that rush hour traffic makes them money.
• road construction companies since rush hour traffic jams means easy bribing governments into paying billions for complex and frequently experimental road enhancements.Semi-Hemi-Demigod@kbin.social 1 year ago
You forgot the governments who gave Amazon $5 billion in subsidies to have offices in their jurisdictions: https://qz.com/amazon-s-5-billion-discount-see-all-its-tax-cuts-and-1849821611
Kbin_space_program@kbin.social 1 year ago
Here's a fun article from pre-covid about Amazon buying Vancouver's old post office building. They gutted the historic building and left only the outer shell.
BaronVonBort@lemmy.world 1 year ago
Micromanagers and building owners
nicetriangle@kbin.social 1 year ago
Yep all those countless hours of travel, gallons of gas, car repairs, transit fares, etc we’ve been covering out of pocket our whole working lives has been a free subsidy to commercial real estate companies.
Hyperreality@kbin.social 1 year ago
It really is absurd.
I'm returning to the job market, and I'm honestly thinking of getting a shitty job within cycling distance, rather than be forced into commuting again.
I honestly don't know how much more they'd have to offer me, just to force me back in my car. It certainly won't be nothing.
echo64@lemmy.world 1 year ago
And the biggest winner, the people want to do soft layoffs