Steve Schwarzman of the Blackstone group said staff want to work from home so they can save money
The boss of the world’s biggest commercial landlord has accused remote workers of staying away from the office because it means they “don’t work as hard” and can save money.
Steve Schwarzman, the chief executive of investment firm the Blackstone group, made the claims about hybrid staff while speaking on a panel at the Future Investment Initiative summit in Riyadh, Saudi Arabia.
In remarks first reported by Bloomberg, he said employees had kept working from home because “they didn’t work as hard, regardless of what they tell you” and also due to the savings they make on their daily commute, lunches and work attire.
Haha, that’s hilarious.
Obviously, the dude owns commercial real estate. Of course he’s talking shit about people that don’t want to go to the office.
I’m never going back to an office. Started my own business and never looking back. Information workers don’t need offices, period.
Dude probably can’t wait to replace his own office staff with AI. Tell him to eat shit.
I actually work harder (in general) than before because now I don’t have to commute, 1-2 hours more a day I can spend getting stuff done
Why? Use those two hours for yourself!
Sometimes I do, sometimes I don’t. But even when I do I’m still working, just on my own computer doing totally unrelated stuff.
This is the real pro tip.
I like that I have the choice to use those 1-2 hours to get stuff done for work, to clean up something at home, or just go onto the patio and stare at the sky for 5-30 minutes.
All of those bring me far more satisfaction than riding the train, and I’d happily do any of them instead.
I’ve been making sure to sabotage my performance when I’m on site
Business saves money: “the goal of a business is to make money”
Employee saves money: “you just don’t want to pay all the robber barons all the way in and out of work you lazy piece of shit”
Well overdue pulling “robber baron” back into the lexicon.
How long until we start getting paid in scrip again?
It really annoys me that as a kid I learned about how awful Company Stores were, how lucky we were as a society to be past that history, and now they’re back on the table.
Business saves money: “the goal of a business is to make money”
I loathe this definition that has become the norm. The goal of a business used to be to provide a good or service, with profit as the reward for success. The profit being the purpose is what leads to the constant, unnecessary enshitification.
I completely agree and have had this exact argument many times. It is no less infuriating now than it was years ago.
I’m not saying violence is the answer, but I do believe he deserves to be strapped into a machine that just slaps him in the face constantly
I feel productivity rising already and am behind this initiative.
Just make sure to do it in an office so the slapping will be more productive.
I feel something else rising…
I’ve got a raging clue!
I have a throbbing inkling!
Maybe we can gamify that a little. Every time a worker-bee completes a task, the machine delivers a slap and a photo to the worker. We can collect them like sortie markers on WWII bombers. Boss gets feedback on how productive his employees are, and employees get to compete for points.
I’d pay a dollar to watch that! Screw the dunk tank!
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I am. It’s class warfare and they’re already firing shots at us. Well past time we started fighting back.
Is it violence if its automated?
You know who actually doesn’t work hard at all? steve schwarzan. Fuck these lazy ass execs and share holders. I think we outta put em all in metal tubes and drop em in the ocean.
Really just needs to be common practice or law to pay workers to commute.
I’ve said it before and I’ll keep saying it, one of the fastest ways to pull cars off the road is to pass strong incentives/taxes on businesses to encourage them to adopt a hybrid or remote work model. I live in a rural area where you frequently need to drive to the next town over for this that or the other thing and my hybrid work schedule has allowed my family to become a single car family in about the most eternally car dependant kind of living situation there is
did this dipshit ever hear the term “work smarter not harder”
I think he sounds like a loser
Steve Schwarzman of the Blackstone group can fuck all the way off.
Working smarter, not harder.
You lost Steve at the first word.
Who cares. Go back to being a fuckboy.
The boss of the world’s biggest commercial landlord
In other words, they make their money via passive income.
has accused remote workers of staying away from the office because it means they “don’t work as hard”
The world is so full of hypocrisy that…maybe he thought no one would notice (?)
Maybe because most office work is meritless horseshit???
Half of it, in my experience as an old white guy, is old white guys (not me) dumping their emotional shit on people who can’t afford not to listen to it.
The other half, and I forgot what it’s called, but there’s a rule in resource management that a particular office task will always expand to fill the time allotted for completion.
That all said, a very well balanced individual might be able to do serious focus work for six hours per day before their brain turns to shit, before their memory, recall, intuition, logic, and rationality get all fuzzy.
The irony of the hedge fund boss that owns the world’s largest corpo land lord complaining about WFH employees not doing real work
he said employees had kept working from home because “they didn’t work as hard, regardless of what they tell you” and also due to the savings they make on their daily commute, lunches and work attire.
It’s almost as if people enjoy having extra disposable income!
