up:: Content
author:: Colin O’Donnell
full title:: The Real Reason Amazon Just Called Everyone Back to the Office — you Won’t Believe How Scary It Is.
url: Link
Highlights
- Software is eating the world and cities are next.
- if Amazon embraced remote work, closed its offices, and this cascaded across the country, on top of Commercial Office losses — enough on its own to set off a panic — there could be a much bigger impact on the 43 trillion dollar residential market. We’ve seen this before on a much smaller scale in 2009 — underwater home values, life savings wiped out, loan defaults, lenders and financial institutions collapse. An economy and consumer base left shell shocked.
- BTO isn’t about productivity or morale, or the local community as Jassy says. It’s about trying to stave off a massive blow to the consumer base that could be life-threatening to Amazon’s retail business.
- Software is eating the world and cities are next.
- if Amazon embraced remote work, closed its offices, and this cascaded across the country, on top of Commercial Office losses — enough on its own to set off a panic — there could be a much bigger impact on the 43 trillion dollar residential market. We’ve seen this before on a much smaller scale in 2009 — underwater home values, life savings wiped out, loan defaults, lenders and financial institutions collapse. An economy and consumer base left shell shocked.
- BTO isn’t about productivity or morale, or the local community as Jassy says. It’s about trying to stave off a massive blow to the consumer base that could be life-threatening to Amazon’s retail business.