this post was submitted on 29 Sep 2024
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[–] [email protected] 5 points 2 months ago* (last edited 2 months ago)

Both major companies I've worked for sold their commercial real estate and leased it back as one of their very first measures when cost cuts were needed. What we have here is essentially the reverse where tech companies scare off their workforce and industry knowledge and drive up employee costs so they can impart some secondary effect on the commercial real estate market... so yes i remain confused about the priorities in play here.