▲ 5 points
Ask HN: Will Covid-19 Response Influence Your Next Job?
Will the response that a company has to this pandemic have an impact on whether you choose to work for them future?
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Probably yes, I have spoken to a few others and they have come to the realization that most of their employees can actually work from home, pandemic or not.
I would expect that going forward there will be far more companies offering work from home gig type jobs, which will probably affect my future employment. (Of course I'm still going to keep doing my current job so who knows if or when I might be looking for a new one!)
"...going forward there will be far more companies offering work from home gig type jobs."
WFH has, for many years now, been more attainable than many companies (esp. outside tech) are willing to admit. The biggest barrier has historically been one of management relinquishing control. Now they're forced to let go.
CV19 situation is a tipping point that will create a lasting effect going forward; personally, I would not consider working for a company that didn't offer WFH before and if anything, we'll see more offering it if and when things start coming back.
Further, I think the US CRE sector ($14-$17t annual rents) is never going to be the same again. Offices are over-rated in the first place and now will be considered optional (at least at full size/scope) by the scrutinizing CEO/CFO looking to get back on track asap.
Excellent points, your last point regarding the cost of office space has come up in every conversation I have had in the last few weeks. Bad news for the speculators good news for everyone else!
A lot of lessees are deferring, renegotiating, and quite literally walking away from their 5-10+ year lease obligations right now.
Not just speculators...a lot of collateral damage will happen as the bottom drops out :(
True enough after thinking a bit more on it, your right again regarding collateral damage. I had not considered the furniture makers, cleaning staff, coffee services etc...
There really is a huge industry that revolves around commercial real estate.
I am hopefull that the bottom doesn't completely drop out. One of the worst things for a community is a bunch of empty buildings boarded up just rotting away and inviting ne'er-do-wells to move in and ply their trade.