this post was submitted on 15 Aug 2023
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80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’ (www.cnbc.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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80% of bosses say they regret earlier return-to-office plans: ‘A lot of executives have egg on their faces’::As some business leaders accept hybrid work as a permanent reality, others are backtracking on earlier pledges to let employees work from home.

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[–] frezik@midwest.social 14 points 2 years ago

Yup, classic sunk cost. We're paying for this, why aren't we using it?

This should get interesting in the next few years when those leases come up due and companies decide they can shrink their office substantially.