Looks like Blackrock Larry Fink is pushing a lot of boards to craft and implement RTO. Seeing how much of the DEI, ESG and other initiatives come from Blackrock, Statestreet and Vanguard… RTO is next. These greedy hucksters only care about their commercial property buddies and want to keep them propped up. If we want to beat RTO, we’re going to need to figure out how to get this corporate parasitic rat off our back. I saw if you investing with their respective index funds, move them to other index funds. https://nypost.com/2022/09/07/blackrocks-larry-fink-vows-harder-line-in-bringing-workers-back-to-office/ TC: 120 hybrid
The only realistic leverage at this point is political. We need to claim that forced RTO office is classist, racist, sexist, ableist, etc. Layoffs have been too frequent for all but the highest and most niche skilled workers to have much leverage whereas political bullying might work.
This !!!!! We need a narrative that RTO is racist, misogynist, XYZist. That's the only thing that can easily turn the tide.
RTO is ableist and classist. It presumes you are physically and financially able to commute daily. For many people this is not possible, including white collar professionals.
Blackrock has been buying up real estate for the last 2 years. It’s obvious why they want RTO.
Hoarding not buying.
They have residential portfolio too. No one talks about elephant in the room.
But that's mostly in hcol areas near work. People can easily live somewhere little far from the main city if they don't need to commute.
Not really anymore. Even places like Fresno and Modesto are super unaffordable. And they're not anywhere near close cities with good paying jobs
I think bigger cos can and will bring people back. But smaller cos will be happier with low TC/remote. Like high TC, go to the office or low TC and remote.
They are absolutely using all the voting power of all the shares in their funds to push all sorts of anti employee things on companies. This is what ETF investing has lead to.
Get this antisemitic shit off of blind
Post nose
Larry fink knows he’s spending eternity to hell so wants to do as much harm as possible to others before he goes
Blackcock is also buying out all the single family homes and driving up prices for everyone
Yes, that’s why it should be audited. How are there portfolio? Risky business they have right there.
That’s black stone
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Shocking!