this post was submitted on 04 Aug 2023
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They're still paying to rent/lease, and to maintain the empty office buildings. They're trying to get their money's worth, even if it ends up costing them in the long run.
My company just sold about 90% of their buildings. Then consolidated whoever left that likes to work in office (I don't know why anyone would lol) in one building. They're still only occupying 8% of that one building.
My company is letting our lease expire & getting a smaller place for equipment.
They can't be dumb enough to fall for the sunk cost fallacy can they? I think it must be something else.
Control. It's all about control, because something something traditions something something profit.
Yep, standard issue throwing good money after bad instead of just taking the L now and moving forward