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Leaked Zoom all-hands: CEO says employees must return to offices because they can't be as innovative or get to know each other on Zoom (www.businessinsider.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Leaked Zoom all-hands: CEO says employees must return to offices because they can't be as innovative or get to know each other on Zoom::Zoom CEO Eric Yuan discussed the benefits of in-person work in a leaked meeting.

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[–] [email protected] 1 points 1 year ago

They can't just reduce their costs, because they're locked into contracts and/or the corp real estate market is in the trash can

I'd be willing to bet sunk cost fallacy does play a big part, as a result, but I also think senior leadership there just struggles to manage remotely and thus they assume others do too.