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by rty32 725 days ago
For (1) , that ship has sailed for any company that actually owns their offices -- and there are a ton of them. Unless they sell the property, which many never will for as long as company is in a good financial state, one desk not utilized is money thrown in the water.

(Interestingly Charles Schwab is a notable counterexample -- they were forcing people back into office, until the company's finance is in a bad shape, and they rushed to halt that and actually closed down many offices.)

1 comments

How big a trend is that, though? Most companies are all too happy to do a capitalism and move office expenses into OpEx, to improve their return on capital by being a pure-play widget company instead of a hybrid widgets / real estate development and holding corporation.

Sure, there are some big sprawling HQs of the gigacorps who just can’t find enough space to rent otherwise, but that seems to be a minority of office employment to me?