I think one of the underreported dynamics of this push to return to the office is that the biggest companies in Silicon Valley just BILLIONS on buildings. Buildings that are now empty, and soon to be filled by people that don’t want to be there.
Apple Park $5 billion[0]
Google over $7 billion nationwide ($1 billion in Mountain View alone)[1][2]
Facebook $300 million on MPK 21, a billion on real estate in general.[3]
And these are just some of the marquee players. If workers don’t return to the office, these executives just wasted $13 billion collectively. Well, we can’t have that! Force the plebes back into their boxes.
we’re living Cook’s, Pichai’s and Zuck’s a sunk cost fallacy.
Apple Park $5 billion[0]
Google over $7 billion nationwide ($1 billion in Mountain View alone)[1][2]
Facebook $300 million on MPK 21, a billion on real estate in general.[3]
And these are just some of the marquee players. If workers don’t return to the office, these executives just wasted $13 billion collectively. Well, we can’t have that! Force the plebes back into their boxes.
we’re living Cook’s, Pichai’s and Zuck’s a sunk cost fallacy.
[0] https://manofmany.com/living/architecture/inside-apples-insa...
[1] https://www.cnbc.com/2018/11/26/google-spends-1-billion-on-p...
[2] https://www.eastbaytimes.com/2021/03/18/google-launches-bill...
[3] https://www.cnbc.com/2018/09/04/facebook-new-campus-has-redw...