> I am starting to wonder if the management wants to ensure people in general do not make that connection ( and just want to have, ideally, serfs barely making ends meet ).
One big reason is they are very worried about their stock grants due to the stock value nosedive that will occur once they finally have to write off all those office space leases as actual losses and report the loss on their SEC forms.
If they can force RTO then all the money being spent for office space leases remains in the "business expense" category and the stock price does not tank as a result.
This narrative has been repeated ad nauseam, but I'm not fully buying it. What is the average S&P 500 exposure to real estate for their stock price? In a handful of cases sure, but en masse it seems much more likely driven by more direct management beliefs about productivity and/or calculation to drive a "silent layoff" through voluntary attrition.
One big reason is they are very worried about their stock grants due to the stock value nosedive that will occur once they finally have to write off all those office space leases as actual losses and report the loss on their SEC forms.
If they can force RTO then all the money being spent for office space leases remains in the "business expense" category and the stock price does not tank as a result.