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‘Zombie Offices’ Spell Trouble for Some Banks - The New York Times (www.nytimes.com)

submitted 9 months ago by 1984@lemmy.today to c/technology@lemmy.world

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This is the real reason for companies wanting people back to the office.

All this talk about collaboration and team spirit is just the publicly given reason for wanting people back to the office.

The real reason is that now the owners of the buildings are losing money.

Cry me a river.

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[–] Omgboom@lemmy.zip 15 points 9 months ago (2 children)

Meanwhile my company wants to double or even triple the amount of office space we lease in the next 2-3 years, but building management is quoting us prices that are even slightly higher than they were in 2020.

[–] AFaithfulNihilist@lemmy.world 18 points 9 months ago

Prices only go up. If a price is allowed to fall then the gravy train stops and the owner class gets really salty.

[–] agitatedpotato@lemmy.world 3 points 9 months ago

Kinda sounds like the board of your company is full of real estate developers who still win if you guys go tits up.