The answer is not to push tech workers back into the office – as Mayor London Breed did in March, asking tech companies to sign a “pledge” to implement return to in-person work policies. Let’s incentivize the little guys for a change.
A wise old guy asked me that years ago after my attempts to impress a prospective date were unsuccessful.
Did it work? Eh. For a while. There was a “Twitter effect” that pulled in other tech companies and gave restaurants and bars in Hayes Valley and SoMa a boost. “They had to take a lot of office space in advance of needing it, because they were hiring so rapidly,” says Colin Yasukochi, executive director of tech insights for the commercial real estate company Coldwell Banker Richard Ellis. “It was constantly a moving target.”
Keeping big tech in San Francisco is not the big answer — and maybe it never was. When the “Twitter tax break” ended in 2019, The City estimated it had lost $70 million in payroll taxes in exchange for returns on investment that were unclear. There’s not one big answer — keep big tech in downtown. Most of the workers are at home anyway, and many are not in the Bay Area.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Big Ten's civil rights trip leaves big impression on Buckeyes big man Zed KeyZed Key got an in-person history lesson as an Ohio State representative on a Big Ten civil rights trip to Alabama.
Read more »
Big Tech Can’t Stop Obsessing Over Apple and TikTokEarnings season was dominated by two companies—both existential threats to their competition.
Read more »
Tested: 2022 Ford Expedition Goes Big on Power and TechThe Blue Oval's full-size SUV benefits from a refresh and a 440-hp V-6 in multiple trims, including a new off-road-oriented Timberline model.
Read more »
Rock the South: 20 big stars who played at the music festival in AlabamaThe 10th Rock the South festival is around the corner. Here's a look back at some of memorable performers. Who was your favorite?
Read more »