Skydance offers buyouts, orders return to office

RTO mandates should just be treated as a constructive dismissal and make you eligible for unemployment benefits -- not to mention raising the employer's unemployment insurance rate.

This is a world that incentivizes asses in seats to prop up the value of real estate. Why kill a golden goose out of altruism? This isn't that world. The greedy rule here.

Except, it’s the government and in its interests to bring back the status quo. More people commuting means they have to live in high taxes area, from mortgages of residential and commercial properties, or rent, or goods and local businesses, all the way to not needing to build infrastructure in rural areas. Plus, banks were crying during the wfh for those reasons. Wfh brings the power back to employees or people, while the old 9-5 (which was invented by fords factories and never meant for offices) keep the status of wealthy getting wealthier and the employees getting more miserable.

Would be a mess to enforce/decide what counts.

As much as I hate large corpos, this would be just ridiculous.

How else will we convince everyone they have to live in a tiny box in a mega city without eliminating remote work?

economic signals would be useful, not sure if that is the only route however

Isn't there already a natural "tax" of the cost of office space?

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It’s called failing upwards and is the primary skill set of many CEOs and executives

They have $80 billion in debt, they are basically going to be operating like a private equity run business. They'll be converting any cash flow they can to debt payments.

Back to the office is always an excuse for fairly indiscriminate downsizing. If they find you indispensable, they'll just make an exception for you.

For others, there's the buyout. They're telling you to do something you don't want to do, and at the same time telling you they'll pay you not to do it (and quit.)

It's a merger, they promised to do this. No matter what fake antitrust settlements and judges said. They're already deeply in the hole valuation-wise, they aren't going to be able to downsize their way out of it. It's the least they can do.

I'm actually curious if the plan is to have it take out a bunch of loans, strip the thing of assets, and dump it.

Did you notice the “co-CEO” title? He does not even have to do the job he was given.

Suddenly Lanai is designated a Skydance office

They've somehow convinced themselves that they can do a better job negotiating for their benefits on their own than with a bargaining unit representing all labor.

People act like movies and theaters are on the block but I've never had a harder time booking movies with the demand in my life than the last couple years. And everyone there is buying concessions. Trash is as piled up at the exit as its always been. The doom and gloom you see on reddit seems to be just that, on reddit.

There's a lot of social network effects. That's why there's such a disparity between the average quality of a Netflix original and an Apple TV one.

Enshittification is about company-user relationship. Not company - employee.

Return to office is just punishment for employees getting ideas above their station during the covid years.