Remote work risks wiping $800 billion from the value of office buildings in major cities, highlighting the potential losses that landlords are facing from post-pandemic changes in employment trends.
The productivity metrics at my company were consistently up by around 150% month by month for the entire duration that we were all permanently working from home without the distraction of the office and the time sink of in person meetings where nothing is achieved.
The only reason we were forced back to a hybrid arrangement is that none of the middle managers had any work to do and it became painfully obvious how little they actually contribute. They don’t actually generate any value.
Instead of restructuring, and distributing the heinous waste of money that they and our real estate holdings represent they made the decision to limit WFH arrangements to two days per week and our metrics went right back where they were previously.
The productivity metrics at my company were consistently up by around 150% month by month for the entire duration that we were all permanently working from home without the distraction of the office and the time sink of in person meetings where nothing is achieved.
The only reason we were forced back to a hybrid arrangement is that none of the middle managers had any work to do and it became painfully obvious how little they actually contribute. They don’t actually generate any value.
Instead of restructuring, and distributing the heinous waste of money that they and our real estate holdings represent they made the decision to limit WFH arrangements to two days per week and our metrics went right back where they were previously.