451
Amazon CEO tells staff to work in office three days a week or look for another job
(www.theguardian.com)
this post was submitted on 29 Aug 2023
451 points (98.7% liked)
Technology
72932 readers
3233 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I don't know but there is a commercial property bubble right now. I've heard speculation that said investors want their commercial property loans to stay far away from default. They need commercial property to be worth more because loans are in danger of not being repaid.
https://www.reuters.com/business/finance/commercial-real-estate-investors-banks-buckle-up-perfect-property-storm-2023-07-30/
I've also heard that these megacorps get huge tax breaks by promising to bring an amount of foot traffic to the area which is supposed to bolster local businesses.
Not sure if true, but if it is, I wouldn't bat an eye.
I've heard similar guesses that executives or whoever... invest in businesses that benefit from their employees foot traffic. Not sure either.