Crime-ridden Pittsburgh strikes again. This time a 19 yr old shot and ki-led less than 500 feet from headquarters. [https://www.cbsnews.com/pittsburgh/news/pittsburgh-man-shot-market-square-police-investigation/] And just like clockwork Bill and the execs are silent regarding employee safety in and around the buildings. Not surprised considering how they treated the RTO announcement. Just set it and forget it. Not to mention they are also incredibly silent about the cost of RTO. Remember folks RTO has nothing to do about collaboration and innovation, no, no, no, RTO is purely demanded to keep real estate numbers up. Don’t you get it folks. We are a disposable pawn used as leverage to keep over extended real estate purchases meaningful. I’m so thrilled to spend $5/gallon $38 parking, to commute 75 minutes to a highly distracting open office and take calls with people all across the nation and fake smile like I enjoy being here. Our team output is dropping like a rock. Lead dev left to go to a competitor. Team morale is slowing losing the battle. Our wallets are screaming. Our raises are comical (if you get a raise). Compensation is 15 years behind. I’m looking at stopping my 401K contributions just to afford the cost of living. What really pi---s us off is everything we did in office last week was no different from what we did while remote. But remember the real estate investments. If you ever wanted to see a real life example of shooting yourself in the foot, look no further. We are watching it play out and we have all summer ahead of us. Don’t forget the real estate investments and the CEO’s 30% comp increase. I hope this drop in production doesn’t hurt me and my team’s end of year reviews.
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cool wonder if they can mosey over to the tower.
JUST DON'T GO IN
STOP GIVING THEM
WHAT THEY WANT
FFFF EM
Ok so I don’t understand something…. I’m not arguing, I just don’t get it:
Lot of talk about all real estate and keeping values up. How does physical occupancy impact the value of a building? I mean if the tenant is leasing the space and paying the rent, why does the owner of the building care if anyone is actually inside? And for PNC-owned space, I’m told we have cut our holdings in half (16MM square feet down to 8MM or something like that).
No downvotes or insults please….just trying to understand. Thanks.
The amount of time that I have spent working on this RTO trying to find space for people to sit not to mention we have contractors that need to be there is insane. I haven’t been able to get my regular work done. There’s no end in sight either. No direction is being given. People are miserable.