Meta is bolstering perks like happy hours and company swag as it pushes staff to return to office, despite its ‘year of efficiency’::The company has revived a number of employee perks, according to Bloomberg, including branded t-shirts, laundry services, and free haircuts.
Upper mgmt “We need our employees back in the office.” Lowrt mgmt “Did you see the numbers? Since our employees started working from home, we’ve been smashing targets.” Upper mgmt “Yeah that’s why we need them back. Just imagine how much better the numbers could have been if we were making sure they weren’t slacking off.”
I wonder if it’s also that now their investors are going to expect growth on top of whatever accelerated growth they have experienced in this WFH era. meta wants a nice, predictable cruise uphill, not a sprint that they’ll now need to continue, progress be damned.
Side note: that’s a theory I’ve had regarding technological advancements in devices like phones. Apple, Samsung etc. want small incremental advancements they can drip-feed to consumers for stable growth, so they probably try to keep the big leaps infrequent. Yeah I know Moore’s Law can’t go on forever, and it might be getting to that point soon… alright I’ll take off the tinfoil hat.
Leave the tinfoil hat on. There is a precedent for exactly what you are describing. When radios went from valve to transistor, radio manufacturers kept the number of transistors low and only slowly increased radio quality over the years. They were able to make higher quality radios from day 1 but didn’t so they could sell more radios.