Thread regarding Wells Fargo & Co. layoffs

Why is RTO still a thing? Nothing they can do will stop the impending crash of the commercial RE market. Time to adapt.

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| 1441 views | | 17 replies (last October 28, 2023) | Reply
Post ID: @OP+1ph7WfmZ

17 replies (most recent on top)

RTO is a thing for the future!

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Post ID: @2llf+1ph7WfmZ

RTO is about control. Look at how you spend your time and I will tell you the focus of your life. If you spend most waking hours in the office then your life’s focus is the office. If you spend time working from home your life’s focus is home with work just something you do to live.

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Post ID: @1clc+1ph7WfmZ

@gio+1ph7WfmZ

Doesn't matter what these companies want to do. All that matters is that their competition will destroy them if they are inefficient. The buggy whip makers tried like he-l and fought the emerging automobile industry tooth and nail. Their refusal to evolve only hastened their demise. We will look back on this foolishness with the same kind of disbelief.

F Hudson Yards and their "hubs". It's a waste of time and money. Funny thing is, in a sense they agree with me. Other than Hudson Yards, the hubs will eventually be eliminated when the work force is replaced by I&P. They can't wait to get rid of mortgage and retail locations so the purge can be completed.

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Post ID: @1ayr+1ph7WfmZ

Just leave already

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Post ID: @1rtj+1ph7WfmZ

People if you want to keep your job here, get into the office as required.

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Post ID: @1jtz+1ph7WfmZ

The secret to successfully RTO'ing according to little Stevie H is to go in early and stay late so you can beat the traffic.

Yep, work more peons!

The worst part is that RTO is such an abject failure, that the brain trust at Wells will expand it rather than ki-l it. The only question remaining is will it go to 4 days or 5?

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Post ID: @roo+1ph7WfmZ

RTO will never go away.

https://www.cnbc.com/2023/09/11/90percent-of-companies-say-theyll-return-to-the-office-by-the-end-of-2024.html

https://www.forbes.com/sites/shephyken/2023/09/24/nine-out-of-10-companies-will-require-employees-to-return-to-the-office/?sh=1cf8b5b12baf

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Post ID: @gio+1ph7WfmZ

@bwf+1ph7WfmZ

That's what they want us to do. Unfortunately their pea sized brains never considered that there are more than two options in responding to their treachery, quit or stay. There is another option, stay and resist/force severance. So sure, top talent looking to leave will, and some good employees will throw their hands up and quit, but that leaves you with not so great employees with no other options and good employees militantly opposed to ivory tower stupidity. There's no way that's sustainable. In the end market forces will rule, and admin buildings are simply to expensive to maintain for the microscopic benefit they provide to a few small isolated teams. We should close them all down, rent colo space as needed, and invest those billions elsewhere.

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Post ID: @jex+1ph7WfmZ

Don't quit. Quietly Quit.

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Post ID: @yzu+1ph7WfmZ

You guys are fools to think that Wells is the only one playing the RTO game. Even tech is getting into it from Apple to Google to Meta.

Yes, quit your job and stop paying your bills. That'll show them.

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Post ID: @bwf+1ph7WfmZ

All the cool kids are doing it 🤔
Amazon managers given the green light to fire employees who won’t work from the office 3 days a week.

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Post ID: @cas+1ph7WfmZ

In the end we will be victorious in the Great RTO War. Wells execs will be the last to figure it out and will embarrassingly retreat from the policy long after all the real thought leaders have already done so long ago. Just a matter of time. CRE needs to crash, it's a massive misallocation of resources and propping it up will only last so long and it will make the impact worse. Stop throwing good money after bad. Kinda like that $500M for more space in NYC. We do not need it, and even if we did it'll cost half as much next year. Are these clowns really d-mb enough to not understand that? Apparently.

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Post ID: @pyd+1ph7WfmZ

Can we really RTO if there’s no one left to RTO?🤷🏻

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Post ID: @vwp+1ph7WfmZ

Time for a revolution boys and girls. Just quietly quit your jobs and we'll see the pressure built on elites in management. The outages will continue. The change management freezes will continue. Customer dissatisfaction will continue. Loss of business will continue. See something, say nothing.

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Post ID: @cek+1ph7WfmZ

It is a means to ki-l morale and drive attrition.

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Post ID: @rzn+1ph7WfmZ

If the corporate overlords don't reign in the populace, they will cease to be overlords.

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Post ID: @vao+1ph7WfmZ

Because all of the banks are run by blue blood boomers who all went to the same Ivy League schools and haven’t had an original thought in their silver spoon, entitled lives. Thats why they are cutting costs by offshoring, it’s all they know how to do. In the next few years Charlie and his cronies will be thrown out by the board, collect their golden parachutes, and move on to plunder the next struggling firm. Rinse, repeat.

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Post ID: @dkp+1ph7WfmZ

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