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by dsm4ck 1207 days ago
Looks like Management has decided that immediate 5 day RTO will cause too many resignations all at once. Start with 3 days, then 6 months later 4 days, and finally full time RTO will spread the resignations out and reduce business disruption.
4 comments

Resignations are a feature, not a bug.
Sure, but they need to be spaced out. Too many people quitting at once means you can't get replacements for the positions you need trained and then those jobs don't done. Resignations are great when you can take someone from a position you don't want done at all anymore to one you still need done.
There is one caveat, though. I see a trend in the current of layoffs where the majority seem to be mid and junior positions, and at the same time FAANGS still hire seniors and other specific positions. But if you decide to go full RTO you will have a hard time getting experienced people work for you. Literally nobody from people I know would work full-time in the office (I know mostly seniors, for juniors this might be quite different for obvious reasons).
With over 400k tech layoffs in the last 1 year, I wouldn't be worried about resigning employees of I were a big corp.
Your top performers know they are the top performers and they know they have options. They will be the ones to move. The only factor that would deter that is golden handcuffs. They will be left with very highly paid, high performers who are not happy and mid to low performers who have fewer options or less impetus to move.
They won't be the ones to move because these companies are not stupid. They have mechanisms to save top talent by making exceptions for them and giving more equity.
I think you are giving more credit to corporations than you think. The exceptions are for top brass, not top ICs.
The coming years will have stories of regret from tech folks who arrogantly left good positions because of RTO and then failed to find WFH jobs because those were all snapped up by the very best of the best.

Nothing can bring an ego down to earth faster than to realize that of the 400k workers out there looking for work…more than half have better resumes, better interviewing skills, and a better chance to secure the jobs than you do.

that's a very shortsighted way of looking at it.

assume you are unhappy with this situation and you decide to f off. who is more likely to find a new job (especially in this economy) ? top performers or low performers?

as a company this virtually guarantees that most resignations will come from top performers. I give it 2-3 weeks before they walk this back and/or maybe go to 1-2 days per week.

Bingo.
That's BS. Even pre-covid most didn't come 5 days a week.