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This is a big deal
Message
From
28/08/2020 09:38:47
 
 
To
28/08/2020 08:57:05
General information
Forum:
Business
Category:
Employment
Miscellaneous
Thread ID:
01675869
Message ID:
01675905
Views:
54
>>>>>>>>>https://www.cnbc.com/2020/08/25/jpmorgan-will-have-staff-cycle-between-office-and-remote-work-in-a-move-that-may-remake-wall-street.html
>>>>>>>>
>>>>>>>>A large number of London firms are talking about not returning to the 5 day office environment .
>>>>>>>>
>>>>>>>>https://www.bbc.co.uk/news/business-53901310
>>>>>>>>
>>>>>>>>its going to have a big impact on all the service businesses that deal with them, a reduction in the need for commuter transport and income from that and a big reduction in the need for office space.
>>>>>>>>
>>>>>>>>I hope this change carries on rather than the "return to normal" that some commentators want.
>>>>>>>
>>>>>>>Too bad about the millions of people and thousands of business' that will go broke.
>>>>>>
>>>>>>No not too bad I accept its a problem but if huge number of service workers arent needed because the market has changed or gone do we just recreate those conditions to keep them going or accept a new reality and help them adjust. I can see more flexible working returning possibly not in the office 5 days a week. that will also reduce the need for a lot of those services.
>>>>>>Meanwhile I'll just check on how those guys making cannonballs for the navy are getting on.
>>>>>
>>>>>All from the comfort of your work-at-home office.
>>>>
>>>>Have you travelled on london underground at say 8:30 am . maybe changing onto the Northern Line when one of the others is screwed up (faulty train, leaves on the line etc). Sort of day when you can't get your hand in your pocket becuase its so crowded. Whats the solution for that ?
>>>
>>>I have indeed, many times, including having gone to school in London while living outside of it. There are many solutions to this problem and some of them even do not require millions of people to be out of work.
>>
>>and what do you suggest
>
>Lots of resources to research but the first step is to recognize there is no free solution. Every solution will cost. Some solutions cost money. Other solutions just cost people their jobs and businesses. A simple example starting point would be choosing whether to spend money on unemployement and soup kitchens and social unrest or whether to spend money on transportation infrastructure. Societies will have to choose.

or decentralise so people don't commute en masse. thats an argument for not spending on that sort of infrastructure.
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