Bosses admit they’re using return-to-office mandates to trim down teams—without needing to announce layoffs

Employees may think quitting in response to their company’s RTO mandate is a solid retaliatory reaction to their bosses, but it may actually be just what companies need. Rather than trimming down headcounts by enforcing layoffs, business leaders from across the U.S. told the Federal Reserve Beige Book they’re hoping that upping their in-person requirements will do the job. The Fed Beige Book report, published eight times a year, summarizes current economic conditions across the 12 Federal Reserve Distri ...