The Hidden Agenda Behind Amazon’s Push to Bring Workers Back
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 1 October 2024
⏱️ 17 minutes
🧾️ Download transcript
Summary
In this livestream replay, Ken and Danille McElroy explore the real reasons behind the sudden push by major companies like Amazon, Tesla, and Apple to bring employees back to the office. While productivity concerns are often cited, the real motive may lie in reducing severance costs and stock price management. We break down how employers may be using return-to-office mandates to force voluntary resignations, all while avoiding the negative impact of layoffs.
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Transcript
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| 0:00.0 | Dell, Amazon, Tesla, Kellogg's, all are calling people back to the office. |
| 0:08.2 | Apple, Disney, Tesla, just to name a few. |
| 0:10.6 | Yeah. |
| 0:11.1 | And is this, the question is, is this a productivity issue or is there an issue beyond that? |
| 0:17.0 | That's both. |
| 0:18.0 | Mm-hmm. |
| 0:18.6 | For sure, both, right? |
| 0:20.5 | Like, there's a great article that just came out like you guys should |
| 0:23.9 | click on it Jerry you want to pull that up just the headline it's a 79% of CEOs say remote work |
| 0:30.6 | will be dead in three years now this is kpng if you guys want to go look at the article this just came out |
| 0:37.6 | it's pretty eye-opening, right? |
| 0:39.8 | It's essentially saying, like, if you guys think about it, |
| 0:44.3 | it's hard to maintain a company culture, number one. |
| 0:49.2 | So, you know, if you're an employer, right, |
| 0:51.5 | it's hard to do that when everything's remote. |
| 0:55.1 | And then the other thing is inflation is hitting the employers you guys like it hits the the consumer first |
| 1:01.7 | employees first now it's hitting employers so this is even it buried in this article i would |
| 1:09.2 | encourage you we'll put it the link on for you guys to go check it out later. |
| 1:13.2 | It basically says that the employers are now withholding like bonuses and performance and |
| 1:21.4 | stuff like that for the people that are actually, you know, that are resisting this, right? |
| 1:27.4 | The RTO, they're calling it, return to the office. |
| 1:30.7 | And so it's a great way to clean house. |
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