RTO doesn’t improve company value, but does make employees miserable: Study::Data is consistent with bosses using RTO to reassert control and scapegoat workers.

  • PerogiBoi@lemmy.ca
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    10 months ago

    From an access to information request, I was able to obtain the documents related to the decision to undo the 4-year long WFH decision. It ultimately came down to corporate real estate values. Many pensions within my country are heavily invested in corporate real estate.

    If downtowns were to lose traffic to businesses and people stopped being in office, the values would decrease over 40% and these pension funds would be on the verge of collapsing, with high political and economic consequences.

    Our entire world is built on lies. So fuck it, enjoy your life and do what you want.

    • moistclump@lemmy.world
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      10 months ago

      You requested that from a company or government? I don’t doubt it’s true I’m just surprised that they would be able to coordinate something like that or that massive businesses would do something in the best interest of pensions?

      I think occums razor here is just that companies want to pay people off without the expense. That’s the thing that has more of an immediate impact on the companies and their bottom lines.

    • Kingofthezyx@lemm.ee
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      10 months ago

      From an access to information request, I was able to obtain the documents related to the decision to undo the 4-year long WFH decision.

      What does this even mean? Information request to who? Are you sure you didn’t just read it in one of the hundreds of reddit or lemmy comments about this?

      • V0uges
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        10 months ago

        Depending on which country you live and applicable labor laws, those type of information are available to employees. In France for example, we got CE and CSE who have monthly and special topic meetings with HR and WFH and one of the topics discussed there among a lot others. There’s a third party meeting secretary who notes everything and two weeks later we are sent the full exact write down of the discussions, who was there, who was absent and excused and who said what. It’s usually 30-50 pages long, really instructive and a must read if you want to know what is going on in the company. From negotiations regarding raises, open jobs, services where there are management issues and what’s done to tackle them, wfh, even the state and price of the canteen, input on company results, strategic 5y plan, etc.