None of these executives are using data driven decisions. It’s said as much in the memo. It’s vibes based.
I suspect there’s more at play with this. Maybe they’re expecting attrition from this and that’s their actual goal. They never reveal their core intentions.
This. The actual numbers show that remote workers are more productive and that fully remote companies generate outsized returns when compared to companies that RTO. Executives know this and chose to ignore it.
This is about the appearance of doing something, not actually doing something.
> They never reveal their core intentions.
Is it so hard for them to say, FU, office time now because I like it, or because we want to force attrition, or we bought all this RE and by god we are going to use it?
I mean, if they give the honest non vibe reasons, it would be the same, but at least honest.
Wall Street doesn't care as long as the stock goes up.
Customers don't care as long as they get the product.
And employees can't do anything other than vote with their feet.
So what's the downside of being honest?
Many executive jobs are little more than “being in the office” - they have to “go to work”. This leads them to think presence = work being done - they don’t know what actual work or productivity is. If they don’t have people present to lord over then their job starts to be seen for what it really is… a suit and tie in an office and nodding while saying “hmm” at meetings.