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userbinator 5 days ago

How does that make sense? "Now that my employees don't need to occupy the space all the time, rent out (possibly parts of) the office for even more $$$" would be how I'd think if I were in his shoes.

grepfru_it 5 days ago | parent | next [-]

What?

Around Dell campus in Austin is a Home Depot, a hotel, a Chili’s, a strip mall with various shopping outlets and what not. You can walk there from the front door. The idea is that all the employees can walk there for lunch, they will buy things on the way home, it’s just extending economic foot traffic to the tenants of Michael Dell’s commercial properties. Now they won’t go out of business! More money for Mr Dell!

This is my theory at least. The foot traffic has increased greatly since the RTO mandate

bluedevil2k 5 days ago | parent [-]

That’s absurd - the guy’s worth $130B, you think he cares about the not-even-pocket-change that would come from owning the land that a Twin Peaks is on? Dell’s RTO is purely a silent downsizing.

grepfru_it a day ago | parent [-]

What if I told you we were both right?

LtWorf 4 days ago | parent | prev [-]

Board members run scams on stakeholders all the time.

I know of a CEO who is CEO of multiple companies and tells employees of one company (big one with many stakeholders) to work on stuff from his other smaller companies.

It's basically just a scam to the stakeholders.