SVB employees blame remote work for bank failure

BonThomme writes: Axios is reporting that Silicon Valley Bank employees are at least partly blaming WFH for the bank's failure. As the article notes, this may give other companies cover for their 'back to work' initiatives. It also appears to be great cover for executive incompetence since the implication is that if only everyone was in the office, they could have better managed interest rate risk. Maybe if all the executives were in cubicles together, they could have gotten some of the magic, spontaneous collaboration that cubicles are known for, too.