It amazes and disappoints me that we treat humans more poorly than we do our buildings.
We treat them as more fungible. Our building leases are for set periods of time, and we can’t
get out of them, so we lay off our people and keep the buildings. There’s always a mismatch
in that businesses are continuously looking for talented people, but in tough times they have too
many people in aggregate, and in boom times they lose a lot of business opportunity because
they don’t have the bodies on hand to capture it. There’s a better way to address this challenge:
being less reliant on physical buildings, which will enable a more elastic workforce.