On: New Microsoft Study of 60k Employees: Remote Work ...

[newsclues]

If everyone else has the benefits of remote work, who is going to buy your office space?

[dlivingston → newsclues]

Jobs that must be on-site (medical, manufacturing, etc.).

Going fully remote results in:

- Profit on real estate - No/less expenses on utilities - No expenses on relocation packages - No expenses on custodial staff - No/reduced expenses on office furniture

I mean, from a cost perspective, fully remote is clearly a big boon for a company. Either Microsoft is truly seeing reduced worker productivity from WFH, or there is another incentive, but it's not strictly economic.

[zxcvbn4038 → newsclues]

It can be repurposed as housing, there seems to always be a need for that.

[newsclues → zxcvbn4038]

Big offices tend to be in urban areas that without the offices for people to work, have less demand for that expensive housing. It’s also expensive to convert and not ideal for manufacturing or other uses.

It will cause a cascade of economic damage.