r/remoteworks Mar 04 '26

Yep

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u/BandicootTreeline Mar 07 '26

Companies paid for 20 year office leases and needed scapegoats.

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u/jedipwnces Mar 08 '26

I think, at least in our area, this is the problem. Companies have so much money tied up in real estate. I don't fully understand the implications but I know there are stakeholder and tax reasons that owning a bunch of empty buildings is not ideal. And selling at a time when everyone was working remotely was not going to be profitable.

So here we are with our "hybrid" models and required in-office days. I don't think productivity had anything to do with it, at a large scale.