Office mandates don’t help companies make more money, study finds::Three years after the coronavirus pandemic sent people to work from home in record numbers, U.S. employers are still struggling to get people back to the office.
Office mandates don’t help companies make more money, study finds::Three years after the coronavirus pandemic sent people to work from home in record numbers, U.S. employers are still struggling to get people back to the office.
It’s parroted because it’s correct. It doesn’t matter if companies own the building or not, because leases are often on 7 or 10 year terms–sometimes more. They’re stuck paying that and associated baseline heating, electrical, etc. costs.
That’s exactly how the Sunk Cost fallacy works. CEO’s don’t let it slip because nobody wants to admit they’ve fallen for a fallacy.