Leaked messages show Amazon will force a ‘voluntary resignation’ on employees failing to relocate near their team ‘hubs’::undefined

  • azdood85@lemmy.world
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    1 year ago

    They bought a ton of real estate over the years.

    Then places like Seattle were literally falling a part without the added cash cow of commuters stuck in bumper to bumper traffic for 16 hours of a workday.

    • 5BC2E7@lemmy.world
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      1 year ago

      Why is that a concern for amazon?

      They already know wfh is as good or even better for productivity. This doesn’t see like a move in their best interest

    • TurboDiesel@lemmy.world
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      1 year ago

      And that commercial real estate is the backing for a LOT of corporate debt. I imagine they’re afraid of the collateral against which that debt was borrowed collapsing in value.