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by SOLAR_FIELDS
1231 days ago
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Why not just get rid of the office space and use the money saved to get people together twice per quarter for an extended period? I bet in almost every case it would be a significant cost savings for the employer. Unless, of course, there is some other reasoning than what you state in your comment, like for example, middle management feeling irrelevant or sunk cost fallacy on office space? |
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For background, at least half, or more of the company is fully remote. It’s so many, that the transition to remote work was met with a collective shrug. So MoCo used to have weeks (maybe twice a year?) where teams would fly in to the office to work. Later, in a cost savings move, it switched to fly every everyone in MoCo to some place for a week twice a year. It was called “All Hands”.
I enjoyed the free trips to Whistler, Berlin, and Austin, and Maui, but it never really felt like work was actually getting done. It was conference room chats ostensibly about planning, but everything always felt a bit phoned in.
I never got it. Inevitably the real planning work would end up after we returned back to our regular locations, so it was more social than anything.
My personal thought is that RTO among the FAANGs is 100% sunk cost fallacy. They wasted billions on bespoke glass donuts, circus tents, and airplane hangers. There’s pride on the minds of these oligarchs.