There should be a hefty tax on corporations insisting on having people in the office for jobs that can be done remotely. Maybe frame it as a tax break for companies that avoid stressing public infrastructure and wasting resources for dubious reasons.
RTO mandates should just be treated as a constructive dismissal and make you eligible for unemployment benefits -- not to mention raising the employer's unemployment insurance rate.
What moat do the film/tv media companies really have anymore. Distribution is no longer locked to cinema or cable. Obviously production costs are still something that requires a lot of investment. But smaller budget films have been proven to be very successful. Most tools are free these days.
It feels almost non-sequitur for a film and television studio, of all company types, to care about something like this. Your most important employees aren't even employees and they work on-site gig to gig. You live or die on whether you can make another Mission Impossible series, get the public to give a shit about the DC universe, whether the NFL and NBA can succeed in their bids to go international. Who gives a shit if the corporate accountants come to the office or not? It's like Eisenhower on the eve of D-Day fretting over how clean the bathrooms were in the Pentagon.
They have $80 billion in debt, they are basically going to be operating like a private equity run business. They'll be converting any cash flow they can to debt payments.
Back to the office is always an excuse for fairly indiscriminate downsizing. If they find you indispensable, they'll just make an exception for you.
For others, there's the buyout. They're telling you to do something you don't want to do, and at the same time telling you they'll pay you not to do it (and quit.)
It's a merger, they promised to do this. No matter what fake antitrust settlements and judges said. They're already deeply in the hole valuation-wise, they aren't going to be able to downsize their way out of it. It's the least they can do.
I'm actually curious if the plan is to have it take out a bunch of loans, strip the thing of assets, and dump it.
There should be a hefty tax on corporations insisting on having people in the office for jobs that can be done remotely. Maybe frame it as a tax break for companies that avoid stressing public infrastructure and wasting resources for dubious reasons.
RTO mandates should just be treated as a constructive dismissal and make you eligible for unemployment benefits -- not to mention raising the employer's unemployment insurance rate.
Isn't there already a natural "tax" of the cost of office space?
How else will we convince everyone they have to live in a tiny box in a mega city without eliminating remote work?
economic signals would be useful, not sure if that is the only route however
I was wondering where David Zaslav landed in all this. Can’t say I’m really surprised by the answer: https://www.cartoonbrew.com/executives/david-zaslav-606-mill...
I assume David Ellison will also be in the office 5 days a week?
Did you notice the “co-CEO” title? He does not even have to do the job he was given.
What moat do the film/tv media companies really have anymore. Distribution is no longer locked to cinema or cable. Obviously production costs are still something that requires a lot of investment. But smaller budget films have been proven to be very successful. Most tools are free these days.
There's a lot of social network effects. That's why there's such a disparity between the average quality of a Netflix original and an Apple TV one.
It feels almost non-sequitur for a film and television studio, of all company types, to care about something like this. Your most important employees aren't even employees and they work on-site gig to gig. You live or die on whether you can make another Mission Impossible series, get the public to give a shit about the DC universe, whether the NFL and NBA can succeed in their bids to go international. Who gives a shit if the corporate accountants come to the office or not? It's like Eisenhower on the eve of D-Day fretting over how clean the bathrooms were in the Pentagon.
They have $80 billion in debt, they are basically going to be operating like a private equity run business. They'll be converting any cash flow they can to debt payments.
Back to the office is always an excuse for fairly indiscriminate downsizing. If they find you indispensable, they'll just make an exception for you.
For others, there's the buyout. They're telling you to do something you don't want to do, and at the same time telling you they'll pay you not to do it (and quit.)
It's a merger, they promised to do this. No matter what fake antitrust settlements and judges said. They're already deeply in the hole valuation-wise, they aren't going to be able to downsize their way out of it. It's the least they can do.
I'm actually curious if the plan is to have it take out a bunch of loans, strip the thing of assets, and dump it.
> We’ve seen the benefits firsthand at Paramount, and we want every part of Skydance to share in them.
We won’t share the benefits, of course. But trust me, bro, they’re Hugh Mongus.
the downfall has begun ! enshittification at its finest !
Enshittification is about company-user relationship. Not company - employee.
Return to office is just punishment for employees getting ideas above their station during the covid years.
Also quiet layoff by encouraging workers to leave.
RTO is what you do when you want to make people quit.