It's about debt on zombie office towers.

This article describes the real reason behind the push back to the office. It’s about rich people gambling on real estate and now office buildings are empty.

These same people own newspapers and media channels which is why their crying voices are being pushed.

  • jaschen@lemm.ee
    39·
    2 months ago

    I just got a new job lately. My position is sorta a unicorn position so my new company has been searching for 6 + months. The reason being is that they now require the person to come in 3 times a week in downtown San Francisco. That basically eliminated 99.999999% of people who aren’t walking distance from their office.

    To get around the 3 times a week in the office, my manager changed the position into a contractor position. Even then it took 2 months to find me.

    So because the CEO was a dumbass, his growth team is not running at full potential. Losing more money than he would have made in his real estate property.