this post was submitted on 06 May 2024
373 points (96.3% liked)

News

23266 readers
3291 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
you are viewing a single comment's thread
view the rest of the comments
[–] vaquedoso@lemmy.world 73 points 6 months ago (3 children)

Who cares about the environment when we could be hoarding more money. Can anybody please think about those poor CEOs? :(

[–] Altofaltception@lemmy.world 36 points 6 months ago* (last edited 6 months ago) (2 children)

CEOs can make more money by offloading office costs to the employee - if your work force is remote, you don't need to pay for an office space.

This increases your profit, because your expenses are lower.

[–] krashmo@lemmy.world 41 points 6 months ago (1 children)

But you can't invest all that stolen money in inflated office building real estate prices either.

[–] CosmicTurtle0@lemmy.dbzer0.com 9 points 6 months ago (1 children)

This exactly. My boss said the quiet part out loud the other day.

The CEO owns the building. He pays for the electrical, water, etc. All of that is wasted when only a handful of people come into the office.

So...he required all of us to be in the office so that his investment works out.

[–] eltrain123@lemmy.world 4 points 6 months ago (1 children)

Or he could sell the asset, recoup what value he can from it, and save the utility/service/material expense associated with running a physical office.

It will eventually even out. It takes time for new business to displace old models, but it will eventually work itself out. In business, ‘no cost’ vs ‘some cost’ will always move toward ‘no cost’. In the short term, businesses that hold physical property (at least the ones that don’t need physical office space) are trying to do what they can to minimize the loss of value from falling commercial real estate values. Inflate the value, sell the asset, then let someone else take the loss.

[–] Zaktor@sopuli.xyz 2 points 6 months ago (1 children)

Yeah, but the CEO personally profits from RTO, while the company profits from reducing their office footprint. Easy choice. He's not loyal to the company and neither should @CosmicTurtle0@lemmy.dbzer0.com be.

[–] Buddahriffic@lemmy.world 1 points 6 months ago

If the company is publically traded, shareholders could sue over that conflict of interest.

[–] Fogle@lemmy.ca 4 points 6 months ago (1 children)

And it also helps the employees cause they can claim part of their living expenses for business use

[–] Zaktor@sopuli.xyz 1 points 6 months ago* (last edited 6 months ago)

Not in the US. They took that away, I think with one of Trump's "tax cuts". Now you can only claim it if you are a business (like a contractor or an independent lawyer).

[–] Jaysyn@kbin.social 7 points 6 months ago

Our CEO is making more money by getting rid of our large, empty office space, giving us yet another advantage over our competitors.