Not
BofA but an idea of where things are headed: https://fortune.com/2023/04/05/return-to-office-policies-discipline-work-from-home-firing-bloomberg-apple-roblox/
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They have already started reaching out to managers that have people who have not swiped their badge yet. There was also a call yesterday about workplace excellence and how to address RTO situations and that the expectation is 3 in office and 2 at home.....which we already knew but LBH no one follows that.
Gotta make sure the billionaires can buy an even bigger yacht this year! Back to the office plebes!
I decided where feasible I will boycott business that have a RTO policy
They are doing this. It has started.
Jacksonville has grown so much with people moving here- and there’s nowhere affordable to live. The bank should save some money on that site and let developers flip it to affordable housing (and let us save on 45-80 min commutes)… and we can all perform just fine from home as we’ve proven.. and that 5% (or less) who actually want to be in an office can work from a smaller office space at a fraction of the cost.
They force us to commute to the office and then tell us to be green. Because rush hour traffic is so green. Hypocrites
You mean like this
https://finance.yahoo.com/news/commercial-real-estate-headed-crisis-215416495.html
Banks are especially pushing RTO because of how much commercial real estate banks have on their balance sheet. Most of those properties were on their books before 2020 and the WFH shift, right now they are sitting on massive unrealized losses if those properties were to be foreclosed and sold. Getting people back into the office not only serves to micromanage employees but is also an attempt to stop the CRE market from falling off a cliff.
Without the paywall: https://finance.yahoo.com/amphtml/news/first-came-return-office-policies-100000996.html