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re: Michael Burry: The white collar employment bubble is bursting right before our eyes
Posted on 9/26/22 at 8:29 am to stout
Posted on 9/26/22 at 8:29 am to stout
quote:
It is funny that these tech giants created these adult daycares with slides, sleeping areas, game rooms, etc and are now against WFH.
Also ironic to see companies like Facebook bitch about people wanting to work from home when the entire business of Facebook is building a world that isn't located in the physical space.
The WFH battle seems to be most intense with the Silicon Valley tech firms.
Make billions from digitizing everything and get pissed when people want to expand their digital life to work.
My take on WFH, is we should allow as much WFH as possible, but I think there's a lot of people who have no business working from home that are whining about not being able to wfh.
This post was edited on 9/26/22 at 8:30 am
2
Posted on 9/26/22 at 8:32 am to tiggerthetooth
Silicon Valley also has some of the highest RE costs in the country/world. It was smart to have HQ there during the tech boom but people across the country can code now. No reason to be paying someone 300k to do basic code and force the to work in San Francisco. You cns pay the same guy a quarter of that and they can do it in their mother's basement in Shreveport and probably do it better.
This post was edited on 9/26/22 at 8:33 am
Posted on 9/26/22 at 8:33 am to tiggerthetooth
quote:
My take on WFH, is we should allow as much WFH as possible, but I think there's a lot of people who have no business working from home that are whining about not being able to wfh.
This is how I feel.
I also don't want to work WFH forever, personally. It just works the best for my life these days. In 5-7 years or so, I won't mind at all being back in an office.
I think our world is technologically advanced enough that it just makes zero sense to force people into an office "just because". If you can retain a good worker if it means letting them WFH and being able to pick their kid up at 3 from school while saving $1,000/month on childcare....then that is a no-brainer.
This post was edited on 9/26/22 at 8:34 am
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