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(BBC-US)   Head of notorious meat grinder investment bank says WFH is not "the new normal" and plans to get everyone back to the office ASAP. Otherwise, how can he teabag their shoulders or urinate in the coffee to underscore his dominance?   (bbc.com) divider line
    More: Dumbass, BBC, investment bank, adoption of digital technologies, Internet, BBC Online, Mr Solomon, Thought, Mobile River  
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626 clicks; posted to Business » and Main » on 25 Feb 2021 at 5:25 PM (11 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2021-02-25 6:40:34 PM  
7 votes:
There does seem to be a little disconnect between "we must get the children back into schools or they will literally die from loneliness" and "working from home 24/7 is the new normal for professional adults". Plenty of talk/thought going into the financial ramifications of working from home, but nobody seems to be considering the mental/emotional costs. Of course, if you already hate your co-workers (or your commute) this may not seem like much of an issue.
 
2021-02-25 4:07:42 PM  
7 votes:
That's the sound of a million real estate developers and landlords starting to think about jumping. Good. fark em.
 
2021-02-25 6:08:12 PM  
5 votes:
Upper management has noticed the massive decline in operating costs for our company through long-term WFH, and is trying to find ways of making it permanent.  Some people (myself included) do like coming into a shared office at least once in a while, but having a physical office doesn't make any sense for a great many companies.

Weirdly, there is even open consideration toward raising wages/bonuses with some of the savings, while shiat-canning people who just loaf around on the couch.  We *might* be moving toward a win-win situation, but it's still Q1 and these decisions tend to get made in April.

Our company is not public, so that might be part of why the focus is shifting to quality over tradition.

/our department manager doesn't even live in the same State anymore FFS
//need some better monitors
///bonus slashie for productivity
 
2021-02-25 11:20:31 PM  
3 votes:

thesloppy: There does seem to be a little disconnect between "we must get the children back into schools or they will literally die from loneliness" and "working from home 24/7 is the new normal for professional adults". Plenty of talk/thought going into the financial ramifications of working from home, but nobody seems to be considering the mental/emotional costs. Of course, if you already hate your co-workers (or your commute) this may not seem like much of an issue.


you're not working from home, you're living in your office.
 
2021-02-25 8:15:14 PM  
3 votes:

Kuroshin: Upper management has noticed the massive decline in operating costs for our company through long-term WFH, and is trying to find ways of making it permanent.  Some people (myself included) do like coming into a shared office at least once in a while, but having a physical office doesn't make any sense for a great many companies.

Weirdly, there is even open consideration toward raising wages/bonuses with some of the savings, while shiat-canning people who just loaf around on the couch.  We *might* be moving toward a win-win situation, but it's still Q1 and these decisions tend to get made in April.

Our company is not public, so that might be part of why the focus is shifting to quality over tradition.

/our department manager doesn't even live in the same State anymore FFS
//need some better monitors
///bonus slashie for productivity


Short term, that all makes sense.

But don't think for a second upper management isn't thinking day and night how to leverage this new paradigm to get more money in their pockets.

Western counties have well paid staff, with benefits, and who want nice working conditions.

Now that you've demonstrated how effectively people can work from home, they also know they can transition more and more work to countries that pay a fraction of what they pay you.

This doesn't end well for wealthy countries. It will be great for a few countries that are just the right balance of poor, educated, and have just enough infrastructure to make it all work.
 
2021-02-25 5:30:18 PM  
3 votes:
"Apprenticeship" and "direct mentorship" sound like micromanagement to me.

What's a middle manager to do without someone to micromanage?

Fark 'em.
 
2021-02-26 1:02:21 PM  
1 vote:
Meanwhile, our board just approved permanent work from home for back office IT and ancillary clinical support services.
 
2021-02-26 12:56:07 PM  
1 vote:

DecemberNitro: thesloppy: There does seem to be a little disconnect between "we must get the children back into schools or they will literally die from loneliness" and "working from home 24/7 is the new normal for professional adults". Plenty of talk/thought going into the financial ramifications of working from home, but nobody seems to be considering the mental/emotional costs. Of course, if you already hate your co-workers (or your commute) this may not seem like much of an issue.

I've been working from home for a decade. I've never once missed the office environment.


Ditto. And unlike with schooling, I'm a grownup with fully formed emotional intelligence and deep relationships who isn't reliant on social environments for basic functioning and cultural adaptation.

LMAO.

Ok, I'm a grownup. We'll just start there.
 
2021-02-26 7:14:24 AM  
1 vote:
Many places I have worked, the building itself is leased by the company, at exorbitant rates, from another business, coincidentally owned by the bosses of the company I worked for.
 
2021-02-25 6:24:40 PM  
1 vote:
Well, he'll get to play the martyr when every tire on his car is flattened and every window and mirror is shattered.
 
2021-02-25 6:00:04 PM  
1 vote:
You first, pal.
 
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