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in Tcs, is wfo mandatory now? Or hybrid?
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Yes. Shall also increase competition for getting roles in MNCs and other companies as ppl with city movement problems can freely grab the opportunity
I would agree if this continues to be utilized more for long term.
Even if firms adopt a 50-50 (time based) WFH model, I don't see how people will keep moving houses or keep paying rent for extended times they are at home and not using the rented home. May be a start up idea to allow temp renting? Somewhere b/w AirBnB and regular renting. More hostels may be?
Labour class I think have learnt a lot from this and I would be surprised if they go back to normal. But I do think 70-80% will return to Tier 1s. Skill based commensurate value might just be higher there. But am on the fence about this.
All in all, tier 2s and 3s will definitely benefit but by how much is still a question