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Originally Posted by BlackArcher101
Wait, you mean WFH decreases overall company/entity productivity? Shocking!
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Interesting talking to a friend that worked for CIBC at Banker's Hall. When COVID hit they were all sent home for 'WFH.' Easy enough, right? He said in theory it should have worked, except it took 6 months to get the network up to par so they could actually do their work, and then another 6 months to get people used to a different process flow for the actual work. Basically from his perspective it was a complete #### show and he left to work elsewhere in the industry as a result.
I'd imagine a lot of the push back we are seeing from big companies on mandating that people come back to work is a direct result of what those companies saw in terms of productivity and results. I'd even go so far as to say that we can contribute a lot of the lost productivity and dismal performance to having helped contribute to inflation, because there is no way things were being done as efficiently.
I'm sure that is what is happening here with all the travel issues, passport issues, etc.