this post was submitted on 29 Aug 2023
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Amazon CEO Andy Jassy warns remote workers: 'It's probably not going to work out for you' (nypost.com)
submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world
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Amazon CEO Andy Jassy warns remote workers: 'It's probably not going to work out for you'::Amazon CEO Andy Jassy told employees who defy his edict to return to the office three days a week that "it's probably not going to work out for you."

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[โ€“] lemmyseizethemeans@lemmygrad.ml 14 points 2 years ago (1 children)

It's the commercial real estate mortgage backed securities market. If everyone doesn't pay office rent the collateralized debt of those places goes kaput, the security implodes like 2008 and the banking industry goes under.

These CEOs are all invested. They don't care about productivity, it's all about saving their investments.