Office Landlord Titan Says Remote Workers Don’t ‘Work As Hard’

Office Landlord Titan Says Remote Workers Don’t ‘Work As Hard’

7 months ago
Anonymous $HYlO-3b458

https://www.vice.com/en_us/article/5d9j5d/office-landlord-titan-says-remote-workers-dont-work-as-hard

The CEO and co-founder of Blackstone, one of the largest corporate landlords for residential and office buildings in the world, went out of his way to take a swipe at remote workers at a high-end summit in Saudi Arabia this week, saying that people like to work from home because they are able to not “work as hard, regardless of what they tell you.”

Steve Schwarzman made the comment after being asked about the state of the commercial real estate market at the Future Investment Initiative summit in Riyadh. At a roundtable with people like JPMorgan Chase CEO Jamie Dimon and hedge fund titan Ray Dalio, Schwarzman noted that people came to enjoy working from home during the coronavirus pandemic, during which time they found that they could save money by doing so. “They don’t spend money to commute. They can make their lunch at home. They don't have to buy expensive clothes,” he said.