this post was submitted on 07 Aug 2023
209 points (78.8% liked)
Technology
59038 readers
4507 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'd speculate some combination of control over employees (poor management practices, etc) and making use of owned land/offices that are difficult to sell otherwise. Not much else makes sense to me, especially for tech companies where nearly the entire job exists in virtual space of some kind - no wrenches to turn.
Edit: Someone else suggested a way to "lay off" folks by having them voluntarily leave the job to avoid the return to office. That also sounds pretty plausible to me with the extent to which companies are starting to squeeze with what feels like an incoming recession period.
Using it as a way to reduce your workforce is so short sighted. The top performers are the ones most capable of getting a new job and most willing to leave over the issue. Instead of it being a calculated set of layoffs in specific areas of the company it’ll just be all the good employees leaving.