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Bosses mean it this time: Return to the office or get a new job!

Washington Post via MSN: “…The new pushes for in-person work mark a major shift as executives directly acknowledge the challenges with the model — in some cases saying productivity has declined, and citing fewer opportunities for spontaneous collaboration, mentorship and connection-building. Meanwhile, employers have new leverage as the labor market has cooled, leaving workers less room to be choosy. “The pendulum has shifted from employees having all the power,” said Matt Cohen, founder and managing partner of Ripple Ventures, a venture fund in Toronto that works with early stage companies across North America. The bulk of start-up founders he works with are requiring employees to be in offices a few days a week, although there’s pushback…Even with millions of workers across the country being asked to return to their cubicles, office occupancy has been relatively static for the past year. The country’s top 10 metropolitan areas averaged 47.2 percent of pre-pandemic levels last week, according to data from Kastle Systems. This time last year, the average was around 44 percent…

…About 52 percent of remote-capable U.S. workers are operating under hybrid arrangements, according to data from Gallup, while 29 percent are exclusively remote. And though executives like Meta’s Mark Zuckerberg have argued that the rise of flexible work has had a deleterious effect on productivity, data from the Bureau of Labor Statistics shows that labor productivity rose 3.7 percent in the second quarter of 2023 and is up 1.3 percent compared to this time last year..”

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