My last job did that and it was one of the best things to happen to me. I found another job as a virtual worker where I could only be forced to come in twice a month with a 60% raise.
What are they hoping for? People quit, the remaining ones work in the office, and productivity per worker goes up? Do they end up with a more hard working and loyal workforce? Is there any evidence this is a good strategy? If this is a financial issue, why not just say that and cut the number they need to make it work? Wouldn’t that make more sense to both employees and investors? Are these moves actually helping prop up the stock price?
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[ 3.2 ms ] story [ 18.0 ms ] threadNailed it there.
Likely has more to do with the looming "debt spiral", and not productivity.
https://news.bloomberglaw.com/bankruptcy-law/global-real-est...
(Seems to be a min 3 days per week in office)