Because the CEOs are all more concerned with the commercial real estate market than running their company efficiently.
It’s shocking how many people have honestly bought this. I mean, I’m sure there is some truth to it and maybe somewhere, someone forced people to come back because of some real estate interests… But the CEO of Amazon almost certainly gains to benefit much more from a rise in price of Amazon stock than any real estate they might own. And even if it was the case, I dont think the board would be very happy about it.
It might be the wrong move, and maybe it is being done to get people to quit, but it’s being done because they think it means more money from Amazon.