this post was submitted on 11 Aug 2023
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Remote worker are probably much cheaper in the long run, but these companies typically lock in long-term leases in commercial real estate. The benefits might not be realized before 5-10 years.
Most commercial leases are 3-5 years. Even then, why would a CEO tolerate killing productivity to use a resource people don't need?
This is probably very country specific. Here, there is no way you're getting a lease for anything less than 5 years.
That is the US. Typical leases are 3-5 years. There are longer ones, but they are generally rare.
Given that Amazon's policy affects mainly US employees, I assume that is the case with Amazon.