To: Kaiser8408a
"The work-from-home trend has been taking its toll on office landlords and is now making its way through to banks’ commercial loan portfolios, leading some analysts to predict that more trauma could be on the way for regional banks this year."
Just my opinion, but this probably is more of a contributor to the 'lets bring bodies back into the buildings' than productivity issues.
2 posted on
06/16/2023 5:01:23 AM PDT by
Tench_Coxe
(The woke were surprised by the reaction to the Bud Light fiasco. May there be many more surprises)
To: Tench_Coxe
Agreed. Remote work works. It was proven over 2 years with COVID, and many organizations haven’t lifted the allowance. Those who have are finding tepid responsiveness from their proles.
3 posted on
06/16/2023 5:06:07 AM PDT by
rarestia
(“A nation which can prefer disgrace to danger is prepared for a master, and deserves one.” -Hamilton)
To: Tench_Coxe
You are 100% correct on that last point. And that’s also why the big banks and financial institutions have been at the forefront of the “back to the office” nonsense. These banks have underwritten hundreds of billions of dollars in commercial mortgages, and they are forcing their own workers back to the office just to prop up the real estate market in major urban centers.
5 posted on
06/16/2023 5:11:39 AM PDT by
Alberta's Child
("I've just pissed in my pants and nobody can do anything about it." -- Major Fambrough)
To: Tench_Coxe
Work-From-Home is sort of like everybody taking their laptop with them on a fire drill, and trying to keep working from the parking lot. Eventually the battery runs down on the laptops.
We now have a full 3-year graduating class of fresh college grads working from home who are the ones who need coaching and cooperation more than anybody else. Even the more experienced experts need to get together with other employees. Of course, I'm not talking about YOU, just everybody else.
There probably was one benefit discovered by WFH'ers during the lockdowns; it usually does not take 8 hours to put in an 8-hour day.
10 posted on
06/16/2023 6:17:45 AM PDT by
Bernard
(“the rights of man come not from the generosity of the state but from the hand of God." JFK 1-20-61)
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