Quote:
Originally Posted by KCUnited
We just got a similar announcement last week.
Hybrid RTO minimum 3 days a week for anyone within 50 miles of an office, no exceptions.
People outside of the 50 mile radius are "unaffected" as of now but the writing on the wall is by the end of the year they'll be either required to relocate or be terminated.
Lot of speculation of the RTO announcement being a quiet firing initiative or an attempt to salvage the commercial real estate market.
Looking into it further it seems the hybrid RTO is going to be the equilibrium point of the post-pandemic work environment. Per LinkedIn fully remote position posting are trending lower while hybrid position posting are on the rise.
It doesn't feel like a coincidence that more RTO announcements keep popping up. We were told the decision was based on a combo of productivity data (bullshit) and industry trends.
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Yeah, I'm reading fair bit about it. Apparently Toilet and Douche is having a pretty sizable layoff. Which is weird, because there is a massive shortage of CPAs.
The WFH thing is a pretty interesting thing to watch from the outside. This is a tighter job market than I've seen in my life. It'll be interesting to see how it shakes out. There are some employees that are ride or die with WFH and a lot of them are tremendously valuable and difficult to replace.
The other side of it is that I don't have a problem believing there is a significant dropoff of production of many employees. Particularly lower end employees.
The other component that is difficult to quantify is most of the training and development for upward mobility happens informally in the office. I'm sure dudes are looking at their bench and thinking, "****".
It's an interesting set of problems. I'm glad I don't lean on the labor pool more than I do. And I hate the part that I do.