Steve Schwarzman of the Blackstone group said staff want to work from home so they can save money

Steve Schwarzman of the Blackstone group said staff want to work from home so they can save money

The boss of the world’s biggest commercial landlord has accused remote workers of staying away from the office because it means they “don’t work as hard” and can save money.

Steve Schwarzman, the chief executive of investment firm the Blackstone group, made the claims about hybrid staff while speaking on a panel at the Future Investment Initiative summit in Riyadh, Saudi Arabia.

In remarks first reported by Bloomberg, he said employees had kept working from home because “they didn’t work as hard, regardless of what they tell you” and also due to the savings they make on their daily commute, lunches and work attire.

  • oroboros
    4·
    1 year ago

    They’re quids in (unless they’ve based their finances on the capital gains from owning property in a ridiculously expensive city while shunting the costs onto lower paid workers who are forced to commute long hours at their own expense).

    Well they have to have their side hustle too, gig economy and all!