In this short clip, Patrick Bet-David, Adam Sosnick, Vincent Oshana and Tom Ellsworth react to Amazon’s return to office policy.
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Amazon seal Andy jassy will replace Jeff Bezos announcement summer of a mandatory Return to office policy for at least Three days a week beginning May 1st has Sparked opposition amongst Amazon Employees God forbid you come to the Office three days a week group of tech Workers have created a slack Channel and A petition against a mandate and about 5 000 employees have signed a petition so Far a group of employees also spammed an Internal website with messages conveying Their opposition to the new policy many Express frustration that did have to Find arrangements for child care Caregivers for aging parents or Potentially moved to be within commuting Distance oh my God To the office additionally the petition Presents a number of data points and Studies highlighting the benefits of Remote work such as improved Productivity and the ability to attract And retain top talent Tom what are your Thoughts on this wonderful article well This article comes on the heels of Disney everybody see Disney also got a Petition about four days ago 2300 people A couple of people nodding here so 2300 People positioned Disney because Robert Eiger said two things hey we're a Creative organization it's good when Creative people are together number one And number two the rest of you that are
Not in creative jobs here at Disney it's Good to be collaborating with each other That's where we get mentorship that's How you get noticed to be promoted and So I'd like you to be in the office four Days a week four days a week that's all That Robert Iger asked to Disney 2300 People flipped out the same thing oh It's going to create hardships hardships Hardships then Disney comes out 72 hours Later doing earnings report and it says Yeah and we gotta let you know we the Expenses are still a little high so we Probably have to lay off about 5 000 People if I was one of the 2300 people That just signed a petition and then you Hear him go yo oh crap I'm in you know Now what the same thing is happening Here and I think the employees aren't Understanding they're being given Opportunities to be recognized get a Raise who doesn't want to raise unless You think you're entitled to it and and By showing up you get it how many Business owners or business managers are Here look at this look at this how do You recognize people how do you help People lift up how do you notice those Little things those little intangibles Somebody who's an encouraging force in The office and so now you have 5 000 People are signing this petition and Amazon oh wait they did a big layoff too In the middle of Amazon trying to find
Some costs and efficiencies It's just amazing and also I like the Note here move within commuting distance Of the office something funny you go Look it up it happened with Yelp today Yelp discovered that people that were Working from home actually had moved Like to Texas or Florida or some way and Were no longer near the office and Hadn't told Yelp so when they say okay You have to be in the office for three Days they're like oh crap So this thing about moved within Commuting distance to the office you had A lot of people thinking hey guess what I can go ski and I can live in Mammoth California and I'll don't have to come To the office so when this comes back There's a flip side to this employee Flip out where some of them and maybe It's for good reasons have moved out of Areas there it is yelp's remote work Reveals how pandemic reshaped local Economies in a way we work yeah local Economies that no longer had certain Yelp workers but they had a Yelp office And now you have to go back to the Office and they're like whoops I don't Live here anymore it's like what are you Talking about Adam what do you think About this So I think this is part of a larger Conversation of this concept of a Work-life balance you know so and
There's no secret that gen Z and even Millennials are advocating Wholeheartedly like dude let me just Live my best life a little bit more Right and I think there is some Uh justification to some of these Four-day work weeks some countries have Implemented that they've started to see Some productivity go up during four days I mean how much time is spent in the Office just bsing you know networking Talking yeah that's part of office Culture I get it Um but what I thought as ironic here He's requesting employees come back Three days a week as the CEO it's like You're now mandatory need to be in the Office four days a week or five days a Week whatever it is uh but I think as a Raise your hand again if you're a Business owner So and raise your hand if you're just by The way if the audience can't see it can You can you get the turn the camera on To folks who look what percentage our Business owners raise your hands again If you're a business owner look at this Wow wow did you say that's 90 80 yeah so I think God bless the job creators baby Yeah respect I I think um you know at The end of the day if I don't know who These people are at Amazon but let's Just say that they're 40 50 000 a year Employees you know they don't own the
Company they don't they they don't Haven't taken the risk as an Entrepreneur granted we can go down that Path but you know that you know regular Employee they also want to have a life They want to have some vested interest In their life they don't want to just Let work to live right they want to they Don't or they want to live to work and a Lot of people say well like a job j-o-b Stands for just over broke so if you are Not incentivizing your employees to say No this is part of uh an overall life Plan that we can help you with so you Can save money and and and really live What do you think about what Adam is Saying what is think about what Adam is Saying I'm asking you what do you think Tell me tell me what are your thoughts With what Adam said I just I actually Want to cure but by the way what do you Do real quick what business are you in Okay Okay so what do you think so general Contractor own and uh operate properties Right yes okay so what do you think About what Adam said about the fact that You know they need to have some Work-life balance what do you think About that Businesses don't run that way and the Thing is Your utilities and overall expenses If you were to break it down you would
Go broke instantaneously to try to help Create in that perspective now there is Incentive to help grow and the thing is That it is my job to see whether all you Do is housekeeping or you do just Lobby The thing is that when you see potential You help that growth move forward Because I've I've created With me and my family we've created About five to seven people one works for Corporate Choice Hotels uh one became a House Builder a premium house Builder Another one joined a major company and She's doing fantastic with their life But it requires time from the ownership At the same time You can't you can't put everybody in the Same box And so if you were to put everybody into The same box you would never get this Thing moving forward And that's where like your cost won't Back you it won't it won't pencil out You will go under if you're trying to Make a specific move just to help Everybody because it doesn't work that Way because my family didn't have Anything either when they first began by The way it sounds like a very recent Make some noise for a great response Here what's what's your name what's your Say it again You know what I think about Jerry Maguire how many guys think about Jerry
Maguire the prospect but uh going back To what you're saying so here's kind of How this thing works out when you're Saying you know the employees also need A work-life balance all this other stuff Fine no problem I totally understand it Um You know when it comes down to running a Business the goal is to stay in business He just talked about that a lot of times People are making the decision the way You're thinking where let's try to Please everybody but then if the company Goes out of business you just cost a few Hundred thousand people jobs or Thousands of people a job Bed Bath and Beyond going out of business to please a Few employees they just shut down 436 Something stores who did that hurt so Let's sit there and try to please Everybody that you know want a little Bit work-life balance guess what you Want work life balance go be a laptop Entrepreneur figure out a make fifty Thousand dollars you're live in Thailand If that's what you want to do but if you Want to run a company Shout out goes to the people that are Creating jobs the job creators in America lower taxes let me explain to You this there is nobody that lowers Taxes in America more than job creators If a person is employed That company is minimizing your taxes
Because you don't have to pay Unemployment taxes you don't have to pay Entitlement programs that company's Taking the responsibility of doing that The more of these companies that are Doing that you and I are able to pay Lower and lower taxes shout out to them Now let me give you the other part as Well 50 Cent uh we talked about this on Tuesday where he said too many people The the concept of being depressed it's A luxury to be depressed okay it's a Luxury to be depressed for me some of The most miserable bitter people I've Met in my life have way too much time on Their hands Some of the most miserable bitter people Who do stupid [ __ ] have way too much Time on their hands you know what I did When I had a lot of time on my hands my Hair was orange [Laughter] Because I was bored so I'm kind of like You know what I'm going to try this Peroxide [ __ ] and you know Who's done the peroxide thing before who Knows what I'm looking at you guys I'm Not alone yeah I'm like let me see let's Go to the beach hey I don't have a job Okay so no we have a little too much Time on our hands where people need to Kind of get back to work and have a
Bigger purpose life without a purpose is When you start doing stupid things drugs Alcohol dump stuff Coloring your hair all these other crazy Activities that comes in the more active You are the more you're in the hunt for Something big for you for your family For your kids whatever it may be you're Going to be a better productive citizen For all of us and the communities become Safer if we do that I I don't wanna I I Want you give them around give pop come On guys I mean Not but with that being said not to put A damper on everything but you know Dodge are in the field reporting Ohio He's dead and they just threw him so He's dead now so the one in Ohio let me Just give a quicker by the way shout out To you uh great dress I'm in respect to You push but you hit the nail on the Head is that That How many more entrepreneurs business Owners Are there versus actual employees 90 10 Let's say so so I think what's important For you to do is is those people with Jobs they need to understand that they Are a part of a company that is doing Something and is an incumbent I agree With yeah it is I agree with you to Validate their purpose yes because look You're not talking to somebody that's
Some fifty thousand dollar employee I I Have a company like it is so true like I'm not that dude that that this is that That you think I am like I'm just so but What I do is I talk to a lot of Employees and what I've what I've Noticed is there's like yeah it's just a Job and I'm like what do you mean we're Building something here bro like this is What we're doing they're like no just Just a job for me and there's a Disconnect between the entrepreneur Who's building something and has a Vision and wants to do something and is Putting in and sleeping you know four Hours a night and it's doing something Versus the guy that just hey this is Just a job and if you can make that Person feel important and make that Person feel like he has a purpose and He's part of something that's actually Building something that's where you get Someone to buy in and whether it's three Days a week or five days a week he's Part of the vision you make a very good Point very very important Point let me Tell you what happened remember how the Whole thing where it's some people Shouldn't become fathers because you're Not like you need to just take your time Before you become a father because You're not willing to do the job it Takes two minutes to become a dad it Takes years to become a father that
Whole Saint amen certain people are not To meant to become employers So where's Leo at if Leo's in here or Not Leo do you remember when we were in That one house in Bay Colony and one of The guy was talking about well two years Ago I made 10 million dollars in profit Life was good I'm doing this I'm doing That but I'm having a hard time keeping Employees you know why do you think I'm Having a hard time keeping employees I Said interesting I said tell me your Schedule how often are you at the office Are you working 60 I said when you made 10 million how much were you working 60 Hours a week I said how did you work Last year now last year I'm probably More like 10 to 20 hours a week I said so the employee is sitting there Asking themselves why the hell am I Working for you Exactly If the leader at the top is not driving The company what the hell am I doing Because if you're growing hey I'll ride That uh train but if you're not what am I doing with you I'm gonna go and work For somebody else exactly so I fully Agree with the point you're making as Well some some employers need to go Become more in a supporting role and be An employee if you don't want that kind Of pressure if you're the employer if You're the CEO founder you got to work
Drive the company and sell division of Where they're going so other people are Willing to go out there and join you if Not go join somebody else's team very Good point you made there as well so if You like this clip and you want to watch Another one click right here and if you Want to watch the entire podcast click Right here Foreign [Music]
