"Worker Leverage GONE in 2023!" - My response |
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TL:DR
The Wall Street Journal reports that work-from-home is declining, with 72.5% of businesses saying their employees teleworked rarely or not at all last year, compared to 60.1% in 2021. Companies like Walt Disney, Meta, and Apple are pushing for more in-person work due to recession fears and an emphasis on productivity. Hybrid work arrangements decreased by 13.4% across the private sector in 2022, and major tech companies like Oracle and Amazon are emphasizing the importance of collaboration and teamwork. Workers are being cautious about pushing back against these changes, fearing potential layoffs during the recession. Big Wall Street bankers are also expecting a market drop, advising people to be cautious with their investments. In light of this, companies are becoming more assertive with their work-from-home policies, as they believe the era of employee leverage is over.
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