this post was submitted on 09 Jan 2024
578 points (97.7% liked)

News

23266 readers
4060 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

Billionaire CEOs were quick to sing the praises of working from home at the start of the pandemic, calling it the way of the future — but over the last three years, they've slowly changed their tune.

Late last year, Forbes reported that 90% of companies will return to the office in 2024, with 28% threatening to fire workers who don't comply.

But it turns out that the motivations for calling workers back to the office may have less to do with employee productivity or profit margins and everything to do with catering to the egos of controlling managers who want their workers back, according to a recent study published by researchers at the University of Pittsburgh.

Mark Ma, an associate professor of business administration from Pitt's Katz Graduate School of Business, who led the study, told BI he started the research hoping to understand why some S&P 500 firms want employees to return to the office while other firms avoid calling them back.

...

"One of the most common arguments management suggests is that they want to return to office because employee productivity is low at home, and they believe returns to office would help firms improve performance and ultimately improve the firm's value," Ma told BI. "That's the reason they give — but our results actually do not support these arguments."

you are viewing a single comment's thread
view the rest of the comments
[–] Beryl@lemmy.world 55 points 10 months ago* (last edited 10 months ago) (3 children)

What's even more stupid about return to office is that we know that commuting is a major contribution to greenhouse gas emissions. So working from home would not only be an improvement in work conditions, sparing millions of individuals hours of wasted commuting time each week, it would also be an easy way to reduce pollution and mitigate global warming.

Laws should be passed that mandate employees can work from home whenever it cannot be demonstrated by the company that being on site is absolutely necessary to do the job.

[–] TangledHyphae@lemmy.world 23 points 10 months ago (1 children)

If you look around, fast food places and Pepsico and everyone price gouging, it's a race to the bottom for a last cash-grab before what appears to be an inevitable recession -- brought on by some of these same conglomerates. Mass layoffs (tech sector over 250k layoffs last year across the board), among inflation just murdering people's wallets. Credit card debt is over 1 trillion now, people are "surviving" off of high interest debt to maintain life at this point, but it's not sustainable at current rates.

[–] Nudding@lemmy.world 22 points 10 months ago (2 children)

We are witnessing companies engage in late stage capitalist practices because we are in late stage capitalism. Unfortunately I don't see us flipping to socialism, so Imo were heading towards recession, depression, and collapse, all while the climate continues to fuck us.

[–] zzzz@lemmy.world 19 points 10 months ago (1 children)

all while the climate continues to fuck us.

To be fair, I believe the consensus is that we fucked the climate first.

[–] Nudding@lemmy.world 11 points 10 months ago (1 children)
[–] MeatPilot@lemmy.world 2 points 10 months ago* (last edited 10 months ago)

Climate change is a power bottom.

We thought we were the dom in the relationship and all the sudden the climate just handcuffed us to the bed post and jammed a cold hard unlubricated steel butt plug up our ass and gave us a golden shower without telling us the safe word to stop it.

[–] cottonmon@lemmy.world 4 points 10 months ago

The other stupid part is that WFH makes more sense from a business perspective. Having to pay less in office rent and utilities is great for saving on costs.

[–] Ironfist@sh.itjust.works 1 points 9 months ago

Not only that, less people driving means less people buying gas, which drives the gas price down as we saw during the pandemic. When the gas price goes down, everything is cheaper. This could be a great way to get a bit of relief on the inflation.