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by izacus 1182 days ago
Real estate is also really cheap in comparison to actually paying people, especially in some areas with long-term deals.
2 comments

I am unsure if 10% cut would be covered by dropping an office. The area is very affluent and exclusive. Note that it is a pretty small company.
Whether it would help or not is irrelevant. You can't just "drop an office" - that's not how offices work.

It's likely, even probable, that the landlord has already been squeezed for rental drops - certainly most folks did that during covid. To drop the office means waiting until the next lease expiry - leases are typically 5 years long, so figure a year or two away at least.

Well, depends, if now more than half of your company isn't in office after COVID and move to WFH I can see it being a pretty big part