WFH

BetFlipper34

The biggest difference between 2007/2008 and right now is the effects of offering anybody and everybody a mortgage was going on for years and it became engrained in our market. The only way to reverse that is through resetting the standard for qualifying for a mortgage and years of pain as we catch up to the new standard. If the market went negative due to tariffs, then the one guy who put them on could just take them away. Not saying it would solve everything, wouldn’t have some lasting effects, or go back to what it was… but it’s certainly a much easier solution that won’t take as long to remedy the issue. I’m much more worried about the years and years of printing money and increasing the M1 money supply to as large as it’s gotten. I’m more worried about the WFH culture, the COVID hiring surge that put a lot of inept people into high paying jobs, steady inflation, and steady interest rates.

Sunny1-5

PBJ here again. WFH, and I’d be brown bagging it if I didn’t.

siahbabedblsiah

Myself and most of my friends in tech use Macs. WFH since Covid has likely/will continue to add revenue. From an AppleInsider article: *"A 2018 survey by Jamf revealed that 72% of enterprise employees chose Macs over PCs when given the option. More recently, Cisco reported that 60% of its workforce uses Macs, with 24% of employees switching from PCs during device refresh cycles."*

borat_he_like_you

I'm so glad I WFH so I can have a break to nap & ejaculate 2x to relieve myself They never let me do this at the office!!

originalGooberstein

It's called WFH dude. You don't even need to leave your house to run a bombing campaign. The office is dead.

SeeThenBuild8

I develop large scale buildings. It’s pretty fucked right now. Even for non office properties. We mostly do class-A apartment projects, and it’s painful. The whole industry is feeling it. The problem is interest rates. The higher the rates, the more difficult it is to refi/sell. The typical business model is you take out a construction loan, which is usually the most expensive, and then refi with a cheaper loan once the building is complete and occupied. Or you sell. But with rates being this high, the ‘take-out’ loans are too expensive, and there is no meaningful upside for buyers. Developers are stuck with expensive loans, and are forced to come up with more cash to carry the asset, but people are running out of cash. What surprises me is that it’s hardly talked about. J Pow insinuates it’s an office asset issue caused by WFH, and that the market will have to adapt and sort itself out. That can’t happen without companies, banks, and trillions of dollars of investment being wiped out. Complete chaos. It’s hotels, apartment buildings, condo buildings, etc. Developers are scraping the bottom of the barrel to infuse enough cash into these projects to keep things running, hoping that rates come down soon. It’s not happening quick enough. And it’s not sustainable for much longer.

Spicyboi981

Yup, but I also think it’s because companies have the upper hand now by manufacturing a job market crisis with all the ghost listings and getting all our data from applications. End of WFH put stuff back into their control, now they can lay off for “poor performance” and whatnot and squeeze value out of anyone left standing

Ok-Analysis4121

The pandemic started it, as so much space is vacant due to the WFH boom. The issue now is that lenders don't want to touch these deals right now. So someone who desperately needs to refinance is having a hard time finding someone to bail them out

AverageLatino

There's only so far leverage can take you before fundamentals beat your ass, ever since the end of the pandemic the entire system from government to cities to big corporations to stakeholders have been pushing to kill WFH, and yet it remains persistently sticky, safe to say it really is here to stay and they're only looking for an exit, once they get enough bag holders they'll let it dip.

backtobrooklyn

I know someone who works for them, a professional, and during COVID/WFH he had to log when he went to the bathroom and when he came back from going to the bathroom. Seems like an awful company in general.

Fox_love_

Probably too many woke and WFH policies🤔

justforkinks0131

Finally someone with some actual meaningful take. I agree, this might just be trimming the WFH / Covid build-up. It just looks real bad considering everything else that is happening rn, but it may not be as indicative of a recession as people think.

diefy7321

$170 for a tire when you WFH is crazy. LOL

borat_he_like_you

Spent $170 to get my flat tire replaced Tried to charge me +$600 to replace them all But I told her that I WFH all day and can't justify spending that much on a car Using that $430 to buy more stock LOL let's go!! 🧠 🥸🤓🧐

WarmCan3034

WFH 

egowritingcheques

I also refuse to get paid for work. That would put my employer in a labor deficit. Instead my employer would work for me in exchange. The CEO of my company makes 300x my earnings so I would work for him 50hrs a week and he would come to my house (no WFH) and read emails and slideshow to me for10 mins per week. Now, since I don't take money for my labor there is no income tax to pay. My. Income tax becomes zero. Winning.

Capt1an_Cl0ck

Mostly you don’t need to wash them after each time you wear them. It’s suggested that jeans are washed every 4-5 times worn. Obviously it would depend on what’s going on. If you wear to work and they get dirty then sure. But if you are a WFH and only wear them when you go out for a few hours.

Greedyanda

There are pretty good studies showing that WFH leads to less productivity.

BidenAndObama

I think I realised that if doing WFH reduces your productivity, your business has other major issues. People work way better at home than at the office when they have a goal that's actually going to make a difference and they are invested in the outcome of their work. Else they do nothing and play video games all day because it doesn't matter. And they are right, it doesn't matter. Thus if you think return to office will improve productivity, it's a huge tell that you have a large swathe of unmotivated human resources that are just doing busy work.

viledeac0n

WFH was a disaster for us.

IdkAbtAllThat

Lol countless tech and engineering companies have been built with lots of people wfh, for decades now. People acting like no one did WFH before covid.

Stock-Time-5117

This is one of the reasons I decided to go the software dev route over staying an electrical engineer. This was well before WFH COVID rules hit. That and I was looking at being paid way less for much more difficult work, and a smaller pool of companies and working along side grey haired old dudes and their shitty culture. Software is slowly going the same route, but I expected that. Better to get a few good years in than none at all.

HowIWantToBeFreeBaby

While RTO will affect individuals to varying degrees, it’s essentially a rug pull from the total compensation package. A lot of people have built their lives around WFH policy and messaging (all industries). Not only do transportation costs go up by thousands out of pocket, you now as an employee have to trade your hours to the company for free via commuting. I say this as a blue collar knuckle dragger who wishes he could work from home.

ALMessenger

They think that a lot of employees are abusing WFH and essentially only working part of the time. Some employee I would trust and some I would not - I think you eliminate blanket WFH and let the lower level managers decide to allow it on a case by case basis

Kindly_Revert

Exactly. Those who actually make the physical chips always need to be on-site, obviously. This will force many of the WFH people to quit, some probably brilliant people, but also many people screwing around costing the company money. Head on over to /r/overemployed to see what I'm talking about. When your finances are bad, these are the moves you unfortunately have to make sometimes.

Jazzlike-Sort-6564

Funny these people think that a tech and engineering company will work on a WFH setup. Even microsoft and google rely heavily on face to face meetings and brainstorming.

wsb_crazytrader

Well would be great if rents didn’t go up 50% in the areas with high skilled jobs 🫠 People want WFH not to slack, but because it’s more economically viable.

arcanition

Return to office mandates without a physical reason (e.g. manufacturing) are by definition an increased cost with no financial benefits. Salaried engineers that were doing 9 hours a day WFH now have to commute 1 hour each way to the office, pushing them to work *fewer* hours, not more.

arcanition

Because the "return to office" part isn't about reducing cost. They're doing the other stuff (layoffs, etc...) for cost-cutting, but also the return to office at the same time to hide the fact that it's going to cost shareholders money to do so. Having worked as an engineer at some companies like Intel, their corporate structures are a massive web with people who do the work (engineers, customer service, technicians, tech support, etc...) at the bottom, and then a complex mess above them of managers, supervisors, regional managers, division managers, process managers, etc... All of those different managers need something to do. They know that the engineer getting projects done while WFH is productive, otherwise that work wouldn't be getting done. But they have to justify their existence to the manager level above them by cracking the proverbial whip on the people actually getting work done. How do we do that? Easy really. Just do literally everything the average worker hates happening to them, such as: * Take away benefits or perks that cost the company very little in comparison to the profits created by the workers * Make logistical or structural changes (such as "return to office") that may cost money, but allow additional control ("visibility") over workers. * Constantly develop and revise KPIs (key performance indicators) that boil down aspects of workers to as basic of a number of possible. Bonus points if the KPIs are things that the worker can't control.

commonemitter

No one is saying permanent WFH, thats your strawman argument. You can reduce office spaces then have workers come into the office staggered, that way you fit 500 people in 100 desks. Its not like the software team must be in regularly at the same time as finance or HR

willkydd

Permanent WFH for everyone was never ideal for any company. But how ideal it is varies by circumstances which is why it's not typically a CEO-level decision to force *everyone* into the office. When the CEO does it, it's always to make people leave w/o firing them.

_meaty_ochre_

It’s haram on Reddit, but permanent WFH for everyone just isn’t ideal, especially for a hardware company.

Banchhod-Das

Office is the worst. There are too many distractions. Time goes by too fast. Not much work gets done frankly. It is an employee's personal problem if he is busy with facility or Netflix instead of working; don't blame WFH.

PeregrineThe

Before WFH, 10% of the people did 80% of the work. With WFM 1% of the people do 55% of the work and the rest gets done whenever. The 1% are asking too much to keep this ship moving and management can't pay up because the rest will ask for something comparable to do the rest. Numbers vary - sentiment is the same.

intelligentx5

Having worked at Intel in its prime…the best work was done when engineers were in a room with a whiteboard coming up with crazy shit. WFH is fine for sustaining and GNA work. But there are just some types of activities that happen faster in person.

adnasium

One observation I have is this will force many people to buy in rural areas so they can buy a home which in turn increases WFH figures. People will never return to office if it gets too expensive to live in a city.

shrlytmpl

He didn't. He essentially just switched to a hybrid WFH schedule.

RealisticQuality7296

WFH boi I do whatever I want on the clock

PristineDiscount3208

interesting, apparently WFH does indeed work!

Jordangander

None of the kids want to do it is right. They all want starting salaries of 100k+ for WFH jobs that require no knowledge or training and only need about 5 hours a week of their time. And if they can't get that, then mommy and daddy need to continue giving them their allowance until the government starts paying them their allowance.

ArtieJay

WFH even. Why would he have to be in the office?

Expert_Staff521

I've been eyeing on Google for a long time, and they will probably be one of the tech giants that will struggle in future. Never forget what's their main business mode - ads. Google Search is their main cashcow. Remember how Google used to be very sleek and neat? Just 2 ads at the top, then 10 blue links below. No BS, straight to the point, and you get accurate and relevant websites and you can be sure you get your questions answered. But since COVID, something happened. They got greedy. They know people are all WFH and staying in-doors due to SAH mandate. That's when the CEO got greedy and started changing the search results layout. From 2 ads, become 3 ads, then 4 ads. Then they started putting images, shopping panel ads, Youtube videos on the search results, and so on. Well, I wouldn't mind if they do that, but they started intentionally dumbing down the search results. So users were getting frustrated. I'm sure you and the others here have witnessed it before - you search for something on Google but you get inaccurate search results, or the websites are spam sites, .etc. Or AI-generated garbage. That is why when ChatGPT came out in Nov-Dec 2022, it was a huge shock to Google. They never expect an AI chatbot agent to pop up and it was a huge threat to them. Why would people search for something on Google and see all the messy ads, at the same time, irrelevant search results and not getting their questions answered... Whereas if you ask on ChatGPT, it will answer it directly and you can refine by asking more questions to get all your questions answered. Example, you ask ChatGPT, "What should I cook today?" ChatGPT can recommend a few recipes. You can follow up by asking, "I want vegan recipes only." and it will narrow down to give you a specific answer. From there, you can keep narrowing down like "No diary too." and ChatGPT will keep giving you the answer that you really want. Imagine you ask in Google Search, you will get frustrated because you can't refine and narrow down and you still see all the ads and sh*t. Then in 2023, several months after the release of ChatGPT, Google released "Bard" AI to counter ChatGPT. It was a tremendous failure - it is full of bugs and give nonsensical answers, even their presentation was ill-prepared and not convincing at all. Their stock dived after the presentation. It was so bad that Google renamed "Bard" to "Gemini". However, ChatGPT kept releasing newer models and it drew more users instead. In late 2023, people noticed Reddit was starting to rank very well on Google. Google Search Team, John Mueller, claimed that they did so because they notice users like to add 'reddit' behind their search term, so they're just delivering what users want. But is it the truth? Well, no. Because in Jan-Feb 2024, Google and Reddit revealed they got a data deal together. So Reddit's content are all fed to train Google's AI like Gemini. Huge conflict of interest. In 2024 onwards, Google got desperate... Though they always report good earnings call, the problem is it is 'manipulated'. Manipulate in the sense that they just stuff more ads on Youtube, force webmasters and app developers to use their fellow products as a bundle (e.g: you use Google Analytics, but they make it damn hard if you want to use a third party tracker, however if you use Google Cloud Services, it is one-click integration but damn exp. And Microsoft Azure and Amazon AWS are so much better). Then they kept tweaking the search results and now you see it is so messy because it is configured to make users click on their ads nia. They spent so much effort and money trying to associate Google with "AI". During their 2024 I/O event, they kept saying "AI", "AI", "AI". You will notice they kept using the word "AI". So by mid-2024, I'm sure you all noticed something. They started showing "AI Overviews" on top of the search results now. But it drew a lot of criticism because webmasters aren't getting much traffic. And if webmasters don't get traffic, they aren't getting revenue from ads or whatever. So in the end a lot of webmasters gave up on their websites instead. In future, data mining will be an issue if more and more webmasters stop publishing from their own expertise or experience. But wait! Remember Reddit data deal? They know when they rank Reddit at the top, many users will sign up and participate in Reddit; many would ask questions and answers without all the BS and 'introduction text'. It is a win-win. Google practically threw all those webmasters who trusted them under the bus. Google initially claim it is those "SEOs" who destroyed the search results. But this is NOT true. If you ask a question now in Google, you get "AI Overviews" and they cite all the correct websites. What does this tell you? It means they can make the search results accurate and smart again, but they refused to. Just last week, Google tweaked "AI Overviews" - it now links back to the search results. Why? Easy, so they will keep showing you 4 ads at the top over and over to users to increase the likelihood of users clicking on them. It also explains why they always purposely rank Youtube videos (instead of textual content, or when there's a video search tab for it) so when users go to Youtube, they are forced to watch ads again. Ask yourself - is this a feasible strategy? Users are getting fed up, many are installing adblockers. Many also started leaving Google and use Perplexity, ChatGPT, Bing Search, Brave Search, DuckDuckGo, .etc. ChatGPT takes 60% of the AI chatbot marketshare; Co-pilot (by Microsoft, and big funder of OpenAI and uses ChatGPT to power their AI) takes 14.4%. Google Gemini only 13.5% despite all their heavy advertising, marketing, and giving out free trials. They now want to try releasing "AI Mode" on Google Search very soon but there's a problem.. Google admits they have issue monetising AI Overviews already, so I don't know how they gonna monetise AI Mode Search. I'm sure they will just stuff more ads and it will piss users off instead. And that leaves the other question - what about those people who paid for Gemini Pro when they can use AI Mode for free soon? And now with this antitrust lawsuit case, They will either have to split Chrome browser or split their ad unit away from Google Search. This is disasterous because they won't be able to track users to serve relevant ads liao (yes, Chrome is questionable - it tracks you, especially when you logged in with your G account). This is exactly what happened to Facebook back in early 2020s when Apple banned Facebook App from third-party tracking... When they did that, it means Facebook App cannot send user's behaviour and metrics back to their ad center to serve relevant ads. Later, Google was despicable to follow suit for Android OS - they claim it was for user's privacy but it is intentionally to sabotage Facebook. Google is even now so despicable they want an antitrust investigation being done on OpenAI and Microsoft. They claim it is conflict of interest and trying to monopolize the AI market. They want Microsoft to stop supplying cloud/server services to OpenAI). In reality, it is because Google knows they are losing... So they are playing dirty. In summary: Google will be walking on thin ice. Their future is bleak.

purdygoat

Cold beer and zyn for breakfast. Im starting to think WFH might not be good for me.

wethepeople1977

Everybody else WFH?

Gnargoyle420

Last time he talked I was watching while WFH, he said nothing of substance and killed my puts

kamikazejesus

So COVID didn’t happen from 19-20 and we didn’t have a whole WFH crisis and then a reshift of sectors… okay

SugarLanded

And he has a servant who gets his dry cleaning done for him, a driver who picks him up and drives him to/from work, never cooks dinner, has maids who clean his house, and demands everyone else work in-office because he personally doesn't benefit from WFH.

ad_mtsl

Just started doing WFH, and I realize don't spend much. I might do that as well

ArtEfficient6873

WFH

BlueSwoosh248

Lol all these CNBC guests are WFH.

Human-Abalone-9128

Well enough! Didn't make that much money (I paper handed...), but it was enough to buy a plane ticket + PC + pay for a small room in a really small town. God bless WFH, I guess. Afterwards I ended up getting a grant to study abroad and my life got way easier.

Maxie_Glutie

You are correct. Supply chain disruption and quantitative easing are the main contributions to high inflation. That being said, low interest was also a factor. It incentivized banks to give out cheap loans for businesses and individuals. Business can hire more people and pay them more, which resulted in the hiring boom of 2021. Now people have more money to buy more goods. High demand AND low supply caused a spike in inflation. And remember the housing boom at the same times too? Mortgage rates were as low as 2.xx percent. Everyone and their mother (including corporate investors like Opendoor) were trying to buy real estate, be it rental or primary residential, because they want to move to the surburbs due to WFH. Demand for real estate wouldn't be as high if mortgage rates were, let say in the 4%.

LinuxMatthews

Honestly just WFH would likely be enough to put a significant dent in the climate. Just open more car rental places for when people need a car once a month or two. I gave up driving about a year and a half ago because I work from home and it's not been a big deal.

DirkKuijt69420

Most people I know already work less than 40 hours a week. The default at any goverment job is 36 with at least 2 days WFH. (In the Netherlands)

Red_V_Standing_By

Who else is “WFH” and should be doing work but is refreshing their positions every minute instead?

Malkovtheclown

Yet. When it does, all those comfy pj's WFH jobs go poof.

avalanche1228

I WFH Thursday and Friday couldn't he have done this shit then lmao

reactzzzz

time to leave those cushy WFH office jobs and go mine some beautiful clean coal 

Sunny1-5

We lost 20% in 2022. That was a market realizing it was over its head on WFH-Covid stocks. Then AI pumped it all back up again. AI doesn’t pay rent or use AirBnB. Real estate about to adjust as well.

vs92s110

Covid and the government stimulus checks and WFH created a new breed of investor who never experienced a bear market.

Forward_Contract_378

If I wear a suit during my WFH job today, will it help the market?

pleasedtoheatyou

Realistic plan that isn't completely overhauling capitalism? I think you have to look at what industries are feasible to draw back into Western nations and subsidise their return to entice them. Then you have to look at what is realistically never coming back and focus on trying to retool those populations. Ultimately, WFH should have been an opportunity for an incredible tool to do this. Distribute concentrated wealth by allowing people to work good jobs without leaving struggling areas. Try and move money into these areas that way.

Stegregreen

Wonder if big businesses will encourage WFH to reduce real estate costs

CQscene

The DLQAFREM is just investment properties. I would guess (no research) that many of these are in the sunbelt, which spiked during the WFH era, which is now ending. Right-wingers blamed the migration on taxes and blue policies when it was to get cheaper rants and affordable housing. There will be a spike in Sun Belt mortgages, but there is really no nationwide risk.

warm_sweater

But god forbid we forgive some student loans, or allow WFH…

jamesbrownscrackpipe

We must stop WFH. Return to Hooters mandate NOW!

jumanji604

You all got it wrong. It was never about the common people’s wealth. It was always about maintaining power on the people. The wealthy hated the thought of WFH, freedom of the poor and lower productivity. This crash is to remind everyone who wears the belt. It’s going to hit hard because the Wall Street has been inflated all of these years. The rich could care less about a few percentage drop. It doesn’t change their lifestyle as it would a commoner.

delicious_oppai

I WFH so maybe 

Dray5k

I'm in the military and I'm seeing my fellow veterans be kicked out for no reason other than being trans... I'm also seeing highly productive members of the federal government being terminated in spite of them being stellar performers... What the hell do you mean "trope"? That's exactly what's going on... they're firing people without due process, which is what the chainsaw comment is about. I thought that was obvious, but I guess not... >we have buildings that are unoccupied and we’re terminating leases, that’s literally the only way. The only way for... what exactly? If they to optimally terminate building contracts and leases, they wouldn't have ended WFH for federal employees [excluding special cases]. Like, I get that you're a Trump supporter, but lol. I'm just going to presume that you're trolling.

Pure_Ad_3488

i’m still and school and i do this while in class so yeah this is WFH approved. My strategy is just OB’s and RSI. i trade trend, way easier to know when to take a trade and not to take a trade. For example, If price can’t break above a bearish ob, i’ll buy puts to the next bullish OB and just sell if that hits. OR if the RSI marks oversold. ONLY DO THIS IF UR GOING FOR 2-4WK CONTRACTS. Any 0DTE follow the 1:2 R:R rule.

zxc123zxc123

Not sure which country you are talking about (China? I heard it's pretty damn bad there right now). Having difficulty finding a good job you'd like after graduation is not uncommon. Most folks spend their 20s finding a job they like and end up with a decent work-life-wage balance career if they are lucky. If anything, the early 2020s were an exception due to inflation, labor shortage from Trump 1.0 migration, boomers retiring, the 1M deaths taking away from the workforce, post-pandemic baby boom leading to woman power being pulled out from workforce, flush of capital from the pandemic, people being flushed with capital or generous welfare support so they could be more picky about their job choice, money was mostly "free" with near 0 interest, even the crappiest companies from Bed Bath Beyond to Nikola got money thrown at them which lead to more hiring, and a very strong economy. From what we've seen of Trump 2.0? A bit more mixed. MAYBE we'll have less migration and labor, but on the flipside I think companies will also be more strict with hiring due to executive branch uncertainty. Some manufacturing MIGHT return but personally I think it will just shift out of China to cheaper locations, get loop holed like de minimis, or get exception from trips to Mar-a-lago. WFH and increased digitalization means overseas talent might just eat away at US white collar jobs and/or the wages. AI and automation will also cut into labor demand. But the upside is home builders or housing handymen I guess? Overall I don't see the 2025-2030 job market going back to early 2020-2025. But it won't be like a 2008-2012 where college grads were PAYING COMPANIES for the PRIVILAGE to work UNPAID INTERNSHIPS in hopes of landing a "free" unpaid internship that could eventually lead to a job.

iWolfeeelol

WFH got this thread and TSLA chart open on my other monitor 

modder9

If my company did 100% RTO we would only have enough desks for about 20% of corporate. We reduced spending office space when WFH took off during COVID. Most RTO mandates are just thinly veiled bailouts for commercial real estate and business downtown.

IcyTransportation961

And The people losing jobs,  will be desperate for a new one and willing to accept lower pay, worse conditions and less benefits After covid workers suddenly had some power shift to them in negotiations,  WFH became prevalent, now that is shifting back starting with the gov and other conpanies are following the lead. Even though it costs them more to rent/own buildings,  it gives them more control over the laborers

quackycoaster

KLC calls. Lot of places and DOGE killed WFH, parents need daycare. It's one of the bigger ones with loads of locations. My uneducationed and zero research opinion is that they will have a fairly positive growth trend showing in their earnings report due to an increase in customers the past month.

happymaskmonster

They nonstop complained about cultural issues like WFH and “woke” when the market was ripping at ATHs 😂 they are so afraid of 🥭

Burger_Gouger

Got told I’m losing my desk in the office even though I WFH. Bullish that now I don’t ever have to go in or bearish that I’m on a top of the “we can let him go” list 

WeAreAllFooked

Yes. Fun fact: back in the 80s Frank Zappa was invited to pay a $2,500 one-time fee and donate $1,500/mo to the GOP. If you paid those "donations" you were given special privileges. Some of those special privileges were things like: * Notified ahead of the public about upcoming policy changes * Notified ahead of the public about legislation that is about to be passed * Private dinners and luncheons with GOP party members and policy makers, and possibly even the president Only a fool would think that this practice has ended. All of the ultra-wealthy billionaires were seen backing Donald at his inauguration for a reason. Donald is the most corrupt "president" in history and he is a tech bro's wet dream. Ever since 2008 corporations have been handed more and more power from the government to alleviate the effects of the housing crash. During the covid uncertainty the ultra-wealthy scooped up swaths of the economy when markets were down and easily exploitable, and those returns made them even wealthier. All the ultra-wealthy has to do is short the market before Donald opens his mouth to tank it, wait until they get notified that he's going to "change his mind", buy the dip, and watch their wealth explode as the market rebounds. Then they just rinse and repeat the process every week. They're stealing billions of dollars out of the middle-class with the goal of taking private ownership away. If people can't afford to own anything they can't afford to watch their budget as closely, which will allow them to pivot to a rental economy where the "consumer" bears the cost of depreciation. We are entering a digital age of sharecropping. The shift to a gig economy is evidence of this, and it really exploded at the end of covid. With the rise of WFH and remote employees, employers realized that they could hire remote workers from other countries to fill these roles. If a division of Jim Bob's won't come back to the office why bother keeping them hired on if people in India will do the same job for less pay? Not only will those foreign remote workers do the job for less pay, they don't need to be paid benefits or anything.

sonofalando

Cascade effects simplified Tariffs —> all cost of goods increase Supply shock —> lower cost vendors can’t keep up with demand people forced to buy from tariff’s goods suppliers Contraction —> already overstretched consumers pull back Inflation rate —> higher cost of goods applies amplified pressures on contraction. Unemployment —> companies reduce headcount to absorb margin compression Accelerated contraction —> heightened unemployment places stress on margins Commercial Real estate —> already distressed CRE holdings further pressured by reduction in force and lack of lease renewal as companies push back toward WFH to save on costs. CRE or bank crisis —> loans come to maturity and CRE holders cannot refinance banks eat losses, compounded by high consumer debt loads, ongoing interest risk due to improper bond laddering by banks (any action that triggers a bank run immediately triggers mass unrealized losses by all banks), auto manufacturers insolvency leaving banks and dealerships holding the bag. Fed responds——> rates dropped near 0% and government prepares bailout. TLT to $230. 

Bombadilo_drives

The stock market crash actually helps the technocracy by reducing the bargaining power of white collar workers. One of the main objectives of Musk/Zuck in this fiasco is to knock tech and management workers down a peg or two. They saw the WFH movement, skyrocketing salaries and RSU packages, and the ease with which big tech employees were moving between companies and got personally offended. This whole administration exists to take the top half of the middle class and push it down into factory work territory. Haven't heard about a Tech Workers Union for a few months, have ya?

skymagic

one of life’s greatest mysterie: CEOs are not WFH and yet the companies value keeps going lower and lower, so what are they even doing all day?

brucekeller

WFH and Doordash

PlaceNo7289

Yeah I got an easy $300. While I was working my normal WFH job

mllax

Made the horrible decision to look at my portfolio full of June and Sep calls I bought before the tariff decision last week. Today will be WFH and day drinking and hope I have no meetings today

Most-Inflation-1022

Fucking nice and good luck brother. Fuck RTO. WFH gang representing.

NotTooShahby

90%, WFH. I want out of this bullshit. Slowly realized over the years I like reading, video games and a yearly trip to another country, that's it.

FrostyGuarantee4666

You joke but I do this full time. I have *plenty* of customers who either WFH and make too much money to bother with grocery shopping on their own, are rich asf and have kids and don’t want to grocery shop or disabled people who literally can’t shop for themselves. No joke, I have 1 quadriplegic customer, 1 blind customer, and 2 handicapped, old, little people as regular customers. They’re all cool asf. They take a little more time and effort to deal with but they’re all so nice it’s very much a pleasure for me to work for them, compared to some random stranger who’s gonna freak out if a candle isn’t in stock.

Happy_Discussion_536

If you're telling the truth then I'm glad it works for you and you should keep doing that. I got my macro style and sticking to it for now but just curious, how much capital do you need to put up as a % of total? Can a black swan wipe you out? I feel like if I ever did futes, they would have to be 3 month positions minimum. While I WFH and have tons of flexibility, I just don't often have the ability to monitor positions minute by minute.

fuckbrocolli

They all give a standing ovation for getting rid of WFH but none of them ever show up for work lmao

Clittle93

Who hates WFH lmao 

renosoner

Damn these rich fucks really hate WFH

Cut_Copies

I love WFH

The_GASK

Can't wait for a WFH Indian worker to jerk off people in USA retirement homes from their slum in Mumbai, because Tesla is a tech company.

loudtones

Dude yes covid was bad. But we survived because of stimulus and the vax. Well, and WFH. Those 3 things are the only reason we are where we are. And one could easily argue the societal repercussions we're dealing with now are still an after effect of the pandemic. But the reality is the US explicitly benefitted from the post WW2 order IT CREATED. And Trump is now explicitly wiping his ass with that. And the fact we have strong markets is in fact based on shared international peace and prosperity, and a shared value of democratic norms. What happens when the US is no longer the global reserve currency? What happens when we no longer have functional courts, which the executive branch just gets to ignore? What happens when Congress enables this behavior? These are existential questions.

brucekeller

Year 2032 **4:30AM** *Wake-Up sirens blare at Compassion Camp #4 on GatesFarm Region: Gamma Compound: S4.C3* "Man, remember when work-life balance was wanting under 40 hours a week and some WFH time? lol," you yawn to your rising bunkmate while wiping the sleep out of your eyes. "Yep, sure was something..." you think to yourself as you get in your weathered uniform and reflexively look directly into the nearest camera for re-identification as your wristband vibrates, time to begin another day.

rain168

Why RTO when they can WFH on OF?

siqiniq

and deport half of the construction workers! Followed by yet another executive order banning WFH and Go Back to the Office!

Inflation_2022

Amazon Retail is essentially the online Walmart. The Transportation network alone dwarfs UPS & FedEx. Then they have the fast growing highly profitable AWS. The entertainment business could become a huge player down the road. Robotics leader. Investing more than anyone in AI. Probably the most diversified mega cap. Google might join that club if they are able to make Waymo work, and win in the AI race. I'd say you are pretty diversified if you didn't see a revenue decline during, or after covid. In Amazons case they should have struggled in 2022 & 2023 after the huge WFH push was over. But they kept growing on tough comps.

PandemicInvestor

#Google employees WFH right now browsing WSB. We’re fucked. Fire Pichai.

NeatSuspect2435

My brother put down “Filed for a concealed carry permit since there’s no onsite parking and I can no longer WFH.”