International Business Machines Corp. delivered a companywide ultimatum to managers who are still working remotely: move near an office or leave the company.

IBM to Managers: Move Near an Office or Leave Company::International Business Machines Corp. delivered a companywide ultimatum to managers who are still working remotely: move near an office or leave the company.

  • @[email protected]English
    52•11 months ago

    Step 1: Enforce RTO mandates Step 2: Fire remote employees Step 3: Replace the fired folks with remote job positions, paying 10%-15% less.

    • @[email protected]English
      26•11 months ago

      Or not even hire replacements, so they cut workforce AND don’t have to pay severance packages. Costs are reduced, earning are higher, shareholder are happy. Yes, it’s a relatively short term plan, but that’s what analysts and investors care about, short term returns.