I love that Sun Life has decided to copy the CMHC model.Others including Sun Life Financial and Intelex Technologies Inc. have decided to keep their office space and allow employees to choose when they want to come in. Many other companies are mulling the future of work and don’t know how much space they will require.
At least he's honest and transparent, so I know where he stands. I personally would not work for such a rigid employer that appears to treat his staff like cattle. So Allied is indefinitely off my list for future career prospects. Health and well-being is more important to me than filling up office space just because. I will be back to the office for lunches and brainstorming, but that will be on a 1-2 days a week, and I'm open to more on different weeks as long as their is a reason to be there.“If someone says they want to work from home indefinitely, it will result in us parting ways.
Childish whining. Doing what they were doing before was good for the REIT, easy money big stable tenants. That's why REITs are good for investors. Something drastic change and now REIT CEO doesn't know how to be innovative or try something, like.....you know.....find more tenants? That's a solution but takes some effort and work.
That's what many are thinking I'm sure. And how many existing employees have just updated their resumes.MyNameWasTaken wrote: ↑ I get that REIT is struggling and you are trying to hold on, but, at what cost? The trend right now is flexibility and employee well-being. Perhaps Mr. Emroy should look at other options like our fossil fuel industries.
I love that Sun Life has decided to copy the CMHC model.
At least he's honest and transparent, so I know where he stands. I personally would not work for such a rigid employer that appears to treat his staff like cattle. So Allied is indefinitely off my list for future career prospects. Health and well-being is more important to me than filling up office space just because. I will be back to the office for lunches and brainstorming, but that will be on a 1-2 days a week, and I'm open to more on different weeks as long as their is a reason to be there.
In other ridiculous news Google executive Urs Hölzle moving to New Zealand angers employees denied flexibility. At this point, it's clear that the goal is control.
It's because RFD is adding a referrer. Manually navigate to the following:
Thanks for trying. It didn't work as posted for me but I copied and removed the stupid affiliate link and it finally worked.secretalcoholic wrote: ↑ It's because RFD is adding a referrer. Manually navigate to the following:
theglobeandmail.com/business/article-top-office-landlord-calls-on-big-bank-ceos-to-find-a-backbone-bring/
I made a killing shorting commercial REIT...such an easy trade.
This could be true. Doesn't mean they believe they can make it happen, or that they even will try. Banks are a bit of an outlier here, they did allow some wfh before, and they love saving money. They have some expensive real estate leased that could be shed. And let's face it, profits last yr didtn exactly take a covid wfh hit.
Oh certainly I'm sure they do. That's why I appreciate his honesty so I know where he stands. Better than tip toeing and gaslighting people into thinking differently and then screwing them over.
Interesting, never considered shorting them. REIT's have actually done quite well, BAM's CEO said that even though they will lose tenants as a result of the pandemic he expects they can be filled with new businesses.
Can't wait for the implosion then, I will just make more money from volatility and shorting these POS companies. The TSX can go to zero and still be profitable.ndrew029 wrote: ↑ The other shoe will drop eventually. These financial companies have investments in commercial real estate. Plus, tons of people fall into that corporate pressure that you need to be seen to get promoted. Management will not so subtly promote a few "troopers" who come in early/leave late every day and the rest will fall in line in hopes that maybe, possibly they too can advance (but most never will, but now their boss can watch them).
The writing is on the wall already for people who work for companies owned/associated with commercial real estate (e.g. Enercare, OMERS, etc).
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