The Tide Is Turning Away From Shrinking Office Footprints


The Tide Is Turning Away From Shrinking Office Footprints


As businesses around the world grow more familiar with the pros and cons of remote work, their commitment to the office is deepening.

Multiple surveys conducted in the past month indicate that office-using companies do not intend to shrink their footprints. Only 17% of CEOs surveyed by KPMG reported any intent to cut back on office space, down from 69% in August, Reuters reports. A survey of accounting firms by the American Institute of CPAs found that 72% plan no change in their office usage against 20% that plan some sort of reduction, with 7% planning to grow their footprints...

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RSK: Again, if workers want to come back to the office they want to feel secure and that means more separation and safety standards. Meaning, office space may have less people on any given day but will need the same amount of space. The new trend of Hob and Spoke for offices is not taking off as I had thought...very interesting.

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- - Volume: 9 - WEEK: 14 Date: 12/3/2021 6:11:40 PM -