• lurch (he/him)@sh.itjust.works
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    11 months ago

    I know no company that would dislike paying less when they need a new headquarter due to the companies growth. In fact two companies I worked in had to move because of expansion and it was a big effort to find good new accessible headquarters with room for even more growth that weren’t overpriced. It took them a long time to find and choose one. It got really crammed during the search and they had to rent a floor of a neighbouring building and link the networks via encrypted directional radio to buy time.

    • NounsAndWords@lemmy.world
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      11 months ago

      From the article:

      Rent is only about 2-5 per cent of costs for most companies with offices in the CBD, whereas salaries and wages make up about 40 per cent.

        • Jaysyn@kbin.social
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          11 months ago

          So terminate part of profit center & keep the constant outflow of cash that is a lease?