> Tucking 1000 employees into Houston and 1000 into Charlotte and 1000 into Toronto, then saving $200,000,000 per year seems very attractive to me. And if relocating 3000 makes sense, why not 10000?
There are plenty of companies in the tech industry who already have done this - how many times have you heard about someone told by their employer that they will have to relocate to X and take a pay cut, or lose their job?
These are, however, companies whose M.O. is cutting costs to the bare minimum to increase margins. You can probably think of many that fit this model. This nearly always means they are no longer focused on growth or product innovation.
Even growth-focused companies have already moved a most of their operational and support to lower cost-of-labor areas, well before COVID19. But very few tech companies have their creative functions in those areas.
There are plenty of companies in the tech industry who already have done this - how many times have you heard about someone told by their employer that they will have to relocate to X and take a pay cut, or lose their job?
These are, however, companies whose M.O. is cutting costs to the bare minimum to increase margins. You can probably think of many that fit this model. This nearly always means they are no longer focused on growth or product innovation.
Even growth-focused companies have already moved a most of their operational and support to lower cost-of-labor areas, well before COVID19. But very few tech companies have their creative functions in those areas.