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goobster  ·  1703 days ago  ·  link  ·    ·  parent  ·  post: The dam breaks: Twitter Will Allow Employees To Work At Home Forever

Jack Dorsey: "Hang on a sec... if we just eliminate offices so people work from home, we can cut our real estate costs by 90%, and offload the costs of internet connection, desks, Aeron chairs, ping-pong tables, beanbags, and bespoke Kombucha bars onto the employees, and move those costs off our books!"

This sounds like Uber and Lyft to me.

And I'm not against it... I just want people to realize the ONLY reason a company does ANYTHING is to cut costs and increase profits.

It's also way easier to fire someone when you just need to send them an email and disable their Active Directory login, rather than having to meet them in person, and escort them out of the building with security...

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Update: Just a quick codicil to my post: I see this as a win-win for the company and the employee. As I said, "I'm not against it...." My intent here is point out that companies are going to jump on the bandwagon this time not only because the tech is better and work from home can be seamless, but because it reduces their operating costs significantly if they don't have to house and entertain and feed their staff in a big box in the center of the downtown core.

And right now, a 20% turnover rate is an employee retention rate in the 90th percentile. Once WFH is standard, I expect that to triple. Especially if we can divorce health care from employment. Then the ONLY reason people stay with a "bad" job will be gone, and people will be free to come/go as they please from one employer to another... and vice versa.