This isn’t working. RTO isn’t working.
The conversation internally is still focused only on badge swipes, presence reports, five-day mandates and 10% sweeping layoffs while the stock slides, morale stays low, and leadership takes new debt and pushes expensive long-term office bets nobody wants.
Markets don’t care about the unnecessary and expensive RTO facade. It just destroys value by forcing out top talent and plummeting productivity.
They don’t care about micromanaging badge data.
They don’t care about forced commutes that reduce available working hours.
They don’t care who sat in a chair 5 days this week while watching Netflix at their desk.
They care about execution. Growth. Costs. Talent retention. Confidence in leadership. All the things we aren’t focused on right now.
At some point the board has to ask hard questions and decide to make some real changes to turn things around.
Because the falling stock price, disengaged employees, and doubling down on unpopular policies isn’t a strategy. It’s self inflicted destruction.