Boiler905 wrote:Where's the data that proves the most talented employees prefer to work in NYC and the likes? There are plenty of talented professionals who would prefer to not live in NYC, so I don't think the threat of losing talent is significant enough to sway the decision here.
Even if it does, the amount of money B6 will save on rent and tax long-term will dwarf short-term salary increases to keep current employees (until they eventually move on from B6).
B6 employees in NYC would be lucky enough to keep their salaries the same after moving to Florida. B6 would owe generous relocation perks.
It's a brilliant move for B6 and its shareholders if they actually go through with this.
Yet, all the large tech companies kept on wanting to expand their engineering offices in NYC. Maybe they know something?
The Manhattan commercial real estate is at rock bottom right now. Rent is really low. This isn't 2019. B6 can get a great deal anywhere in Manhattan/Brooklyn/Queens with a smaller space than the current LIC space. It can also have a satellite office in CT and claim that it's bringing additional jobs in the region and is the largest carrier in CT. Or it can open a satellite office in NJ and get additional gate space at EWR's new T1. Or it can open up a westchester office and see if it can get additional slots at HPN. There are so many angles JetBlue can play here. Tri state area politicians would be desperate to get a piece of JetBlue.
What is it going to get by forcing people that don't want to go to Florida to go there? It already has an office in Orlando and one for travel product in south Florida. People that want to move to Florida can simply do so.