Zoom is forcing employees within 50 miles of office to RTO.
12 replies (most recent on top)
Federal Government is trying to force people back into offices as well.
As others have commented, this is being orchestrated. Companies and the government are being told to make things happen. Get people back into the cities.
"Saw this one and had a good laugh. Zoom, the one company that probably benefited the most from all the WFH, is now trying to ki-l WFH. You can't make this stuff up, it's like these companies hate money and success."
Government will print some money and bail these companies out. Democrats are trying to hold off the depression that is coming. Commercial real estate is a problem and is the final straw. Democrats need to hold the ecomony afloat until Dec 2024 so they can usher in the new Peoples Republic of America.
@ufy+1nZ1KvV4 I'm glad people are starting to realize this. The people in power that control the money, they decide on everything that happens. Especially this RTO deal. Nobody in the office, nobody spending money, real estate is still there. Who owns the real estate? Who owns all the supporting businesses that feed the real estate. Only a handful of rich and powerful have the say and control that flows downstream to everyone else.
I have been told that there are certain people not reporting to the deemed hubs. they are in various states reporting to a local site.
“ Have to preserve that corporate real estate market. Blackrock/vanguard. Yeah people are sheep and let the rich keep getting richer off their backs.”
Bingo, all the RTO is about saving Blackrock. Guess who is a big shareholder in all the companies announcing RTOs? Yep, Blackrock. Who has the largest commercial real estate exposure? Blackrock.
https://www.nasdaq.com/articles/blackrock-increases-position-in-zoom-video-communications-zm
Saw this one and had a good laugh. Zoom, the one company that probably benefited the most from all the WFH, is now trying to ki-l WFH. You can't make this stuff up, it's like these companies hate money and success.
Seems a lot more reasonable than T. 50 miles is commutable. 100 or 2000 are not.
Zoom is also being made irrelevant by Microsoft Teams. Why would anyone pay more for less when Teams is already bundled with Office?
Zoom's RTO is a headcount reduction, because the company is dying.
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Have to preserve that corporate real estate market. Blackrock/vanguard. Yeah people are sheep and let the rich keep getting richer off their backs.
Seems like a reasonable request. Software development for remote conferencing would benefit from in-person collaboration. Project managers and developers can meet together to discuss upcoming software features, address bugs, and provide quality service, per the needs of the business.
Nothing odd about the timing of all this, nothing to see here folks!
Probably got a word from the same folks as well!