Steve Schwarzman of the Blackstone group said staff want to work from home so they can save money

The boss of the world’s biggest commercial landlord has accused remote workers of staying away from the office because it means they “don’t work as hard” and can save money.

Steve Schwarzman, the chief executive of investment firm the Blackstone group, made the claims about hybrid staff while speaking on a panel at the Future Investment Initiative summit in Riyadh, Saudi Arabia.

In remarks first reported by Bloomberg, he said employees had kept working from home because “they didn’t work as hard, regardless of what they tell you” and also due to the savings they make on their daily commute, lunches and work attire.

  • @[email protected]
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    191 year ago

    Business saves money: “the goal of a business is to make money”

    Employee saves money: “you just don’t want to pay all the robber barons all the way in and out of work you lazy piece of shit”

    • nickwitha_k (he/him)
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      121 year ago

      Business saves money: “the goal of a business is to make money”

      I loathe this definition that has become the norm. The goal of a business used to be to provide a good or service, with profit as the reward for success. The profit being the purpose is what leads to the constant, unnecessary enshitification.

      • @[email protected]
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        11 year ago

        I completely agree and have had this exact argument many times. It is no less infuriating now than it was years ago.

    • RobotsLeftHand
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      51 year ago

      Well overdue pulling “robber baron” back into the lexicon.

        • RobotsLeftHand
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          21 year ago

          It really annoys me that as a kid I learned about how awful Company Stores were, how lucky we were as a society to be past that history, and now they’re back on the table.