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Antiwork

Conspiracy Theory

Are companies taking kick backs from investors to force people to go back to work in order to fund some of these investors real estate portfolios? Or do you think CEOs are closely tied to real estate markets already and that’s what their decisions are based on. A company I used to work for and thank god left several months ago announced originally that they would leave 30% of employees work from home and everyone else would have to come back to the office, whether they like it or not. Well, now they just announced that the 30% that were promised permanent work from home, some employees even awarded permanent WFH before the pandemic must come back to the office or be fired. A good majority of these permanent work from home employees have bought houses out of state during the pandemic, very far from the city offices they are…


Are companies taking kick backs from investors to force people to go back to work in order to fund some of these investors real estate portfolios? Or do you think CEOs are closely tied to real estate markets already and that’s what their decisions are based on. A company I used to work for and thank god left several months ago announced originally that they would leave 30% of employees work from home and everyone else would have to come back to the office, whether they like it or not. Well, now they just announced that the 30% that were promised permanent work from home, some employees even awarded permanent WFH before the pandemic must come back to the office or be fired. A good majority of these permanent work from home employees have bought houses out of state during the pandemic, very far from the city offices they are located. Their financial decisions were based on the companies decision to award these employees permanent WFH. This company is ran out of New Jersey and though the offices that the company works out of are not located in NYC, I can’t help but think that a lot of these decisions are tied to what happened to real estate in NYC during the pandemic. Several of the CEOs from this company own real estate in NYC. Some of this real estate I’m sure is rented out. I really cannot think of what would drive this decision other than their own personal portfolios. During the pandemic the company had their best fiscal year, best year in employee and client satisfaction, and saved thousands not maintaining multiple large offices. To put this in perspective, this company doesn’t even have enough desk spaces to fit all the employees in their regional office, yet they tell employees we will figure it out once you get there. How does this makes sense?

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