That and executive ass covering, a way to avoid admitting to shareholders that they wasted their money on useless commercial real estate.
It’s also shooting themselves in the foot. The first people to leave aren’t going to be the clock punchers, it will be the best and brightest who can easily find other jobs.
Idk about the whole talk of having an excuse to shareholders, I don’t think shareholders look into hey these offices are sitting unused I demand an explanation I think they care how much profit the company making and what are future predictions of profit.
That and executive ass covering, a way to avoid admitting to shareholders that they wasted their money on useless commercial real estate.
It’s also shooting themselves in the foot. The first people to leave aren’t going to be the clock punchers, it will be the best and brightest who can easily find other jobs.
That’s a feature, not a bug.
The best and brightest will challenge leadership. The shitty barely competent value engineer will say yes until they fuck up so bad they get promoted.
Idk about the whole talk of having an excuse to shareholders, I don’t think shareholders look into hey these offices are sitting unused I demand an explanation I think they care how much profit the company making and what are future predictions of profit.
Yes. But some of them are also the most expensive ones, so when they leave costs go down. And you “numbers must go up” (=cost must go down).