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We're Now Finding Out The Damaging Results of The Mandated Return to Office — And It's Worse Than We Thought (www.entrepreneur.com)

submitted 1 year ago by BrikoX@vlemmy.net to c/news

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[–] AlexErdman@kbin.social 2 points 1 year ago (1 children)

I've heard the push for returning to the office described as a sunk cost, where managers get to prove their value by scheduling meetings and lording over employees in the office. Do you think that we will eventually see more office space go vacant, or see a real-estate crash driven by offices?

[–] BrikoX@vlemmy.net 2 points 1 year ago

That's already happening. Vacancy rates in big cities reached the levels only seen during the Great Depression. And that's post pandemic lockdowns.