As far as I understand tech companies earned more than ever during the pandemic, mainly because people were staying at home.
Yet these same companies are now forcing millions of workers back to offices while also seeing steep decline in revenues. Putting two and two together this decline in earning is probably somewhat related to companies forcing people back.
I for one used to order an unhealthy amount of Amazon stuff during the pandemic but since I’ve been forced back to the office I never order anything anymore because I’m simply never at home. Also in general I’m spending less money because I’m so busy and exhausted commuting all the time.
If anything these tech companies should encourage their own employees and other companies to implement better opportunities for remote work. I know some of them already do this to an extent but most of them have started calling people back, even the so-called “hybrid” model is a dumb invention since the majority of the work days are still office days.