In addition to pumping real estate valuation, it seems like moves like this are a form of cutting workers without having to do layoffs. They know a large number of workers are wont be able to readjust, and will have to quit.
And the ones most likely to quit are ones that feel they have a good chance of easily getting another job due to performance/experience/education, leaving the company with the people unsure and desperate to keep the job.
This surely improves quality, productivity and motivation at the work place, yup yup.
In addition to pumping real estate valuation, it seems like moves like this are a form of cutting workers without having to do layoffs. They know a large number of workers are wont be able to readjust, and will have to quit.
And the ones most likely to quit are ones that feel they have a good chance of easily getting another job due to performance/experience/education, leaving the company with the people unsure and desperate to keep the job.
This surely improves quality, productivity and motivation at the work place, yup yup.
That’s an actual great point, noted.
My guess is if some companies are willing to have some full time remote positions, they are going to hire from LCOL areas with poor workers rights.