I agree with that there be permanent Work from Home for people in the Tri State area. That is one way of cutting expense with less office space. Some concerns on my part will be the following.
Working from Home in Tri State, does not necessarily mean your job is safe from reduction in force. On the contrary, I believe this will make it easier for them to cut expenses and move the WFH position to a low cost state.
WFH sounds great for everyone, but unfortunately we going to have people who are going to abuse it. Sure things looks good now, but eventually when the States are back to normal, the people will be out and the work won’t get done.
Most WFH people will be back office workers. I doubt the Traders or the Portfolio managers will be WFH permanently.
Zoom can only do so much, Teamwork within your group and outside your group will suffer in the long run. People are working together now, because of the Covid-19. Once that is done with I fear it won’t be the same.
Sorry to be a pessimist. It is just my opinion.
Let’s here other opinions out there.
Thank you