this post was submitted on 15 Jul 2024
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Only success I've seen being part of a RTO mandate is that everyone's pissed at management and looking to get out. Which is to say it was a success in not paying severance.
The other "success" in that is that the people who are left, who succumbed to RTO, by definition are going to toe the company line more, and/or have less power to exercise in changing employers, meaning they can be more easily abused.
At the same time, those who stayed were probably not as skilled and thus weren't able to find other employment. So the company's overall quality is going to diminish.
That's a problem for future CEO John Q. Moneybags. Present CEO John Q. Moneybags just improved this quarter's financials, and is already planning his golden-parachute retirement before becoming future Mr. Moneybags.