TD ELT being copycat and lack leadership to do anything right in the long term for its people and business even if it's out of the mainstream, jumped on remote work like a fly on rotten meat.
In order to hire more VPs and friends and family, they closed down all the offices in the US except ELT posh headquarter and ELT thorn on the side ES site and made everyone work remote. The save lots of $$$ in order to keep up the financial numbers high when revenue is down and no new customers.
Now that the wind is blowing the other way, what will the TD copycat ELT do? Will they re-open offices and get everyone back in so real collaboration and work can be done even if it's a few days a week or will they just keep everyone remote? keeping people remote make them easier to lay them off, one by one. No one knows anyone anymore and they can monitor people's network activities as part of performance measurement.
ELT will claim that they are being smart, efficient, frugal by providing one desk for every 5 people in the office but don't buy it. If they really want a real collaborative and productive culture, provide the space where people spend most of the lives and make it comfortable. We've seen how recent open space drove everyone to disappear, hide, and work from home.
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According to a report from the Bureau of Labor Statistics published last week, 72.5% of private sector workplaces had “little or no telework” in August and September 2022—a figure that is up 12.5% from July to September 2021. Likewise, the percentage of workplaces with a portion of employees working from home has fallen from 29.8% in 2021 to 16.4% in 2022. The work-from-home bubble has not completely burst, however, as 11.1% of employers had all of their employees working from home in 2022, which is slightly up from 10.3% in 2021.
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Last month, Amazon CEO Andy Jassy announced that employees must start showing their faces at the office beginning on May 1. Apple’s also cracking down on remote work, with reports the company is taking attendance via badge swipes. And just last week it was reported that Twitter CEO Elon Musk doubled down on his office mandate in a 2:30 a.m. email."
https://gizmodo.com/work-from-home-jobs-remote-work-tech-jobs-1850269974