Hybrid work has been a boon for coworking spaces — and a bright spot for commercial real estate

Jan 14, 2025
The troubled office space market is showing signs of life as firms seek flexible short-term spaces for their employees' return to work.
CBRE's headquarters in Silicon Valley. The real estate company acquired coworking company Industrious on Thursday.
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Companies now have the upper hand in the employer-worker dynamic

Jan 8, 2025
The bargaining power that workers had a couple of years ago is not nearly as strong today.
The incredible bargaining power that workers had a few years ago isn't as strong, said former Labor Department economist Harry Holzer.
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Amazon's need for office space is putting it in a tight spot. It's not alone.

Dec 19, 2024
In desirable districts, the space glut is over. Many companies see their business, and need for working quarters, expanding in the near future.
Amazon's Seattle headquarters. The tech leader is reportedly delaying return-to-office plans because it doesn't have enough room.
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Will AI lead to layoffs? New data from CEOs says no

KPMG's latest U.S. CEO Outlook survey finds that more than 70% of corporate executives feel AI "will not dramatically change their workforce."
"What we feel is that these technologies like generative AI and AI are going to augment the skills of workers and employees," said KPMG's Paul Knopp.
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Workplace jargon reflects changing power dynamics

Jul 23, 2024
During the pandemic era, the lingo reflected workers' leverage. Now the dynamic has shifted, and how we talk about work has too.
Employers have regained much of the leverage that workers enjoyed when job openings were plentiful and applicants were scarce.
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It's been a bumpy ride for the office jobs that support office jobs

Jan 29, 2024
Jobs in this kind of work — the work that makes offices and buildings run, makes them nice — grew about 2.6% last year. It's growth but it's not huge growth.
The slow and uneven return to office leaves the future of office ecosystems up in the air.
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What to expect in the workplace in 2024

Dec 19, 2023
Work culture is going to be key as companies and employees settle into their remote/hybrid patterns. Watch out for the fallout from the election cycle on the workplace.
Frontline workers, like those in health care, have reported a high uptick in stress and mistreatment at work.
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For public good, not for profit.

Is everyone back at the office? It depends on where you live.

Aug 18, 2022
Office occupancy remains low in cities like New York and San Francisco, while places like Columbus, Ohio, are nearly back to pre-pandemic levels.
Office occupancy rates remain low in major urban areas like New York City. Above, a person eats lunch on the terrace of a Manhattan office building.
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That line in the sand about going back to the office? It keeps moving.

May 20, 2022
As COVID surges again in some areas and employees push to work at home most days, companies are trying to find the right balance.
As the economy slows down, employers may gain leverage in their effort to bring resistant workers back into the building.
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Some big Wall Street banks reverse their back-to-office plans — again

Jan 3, 2022
They've been among the most aggressive employers when it comes to bringing workers back into face-to-face contact.
Despite investment banking companies' preference for in-person work, omicron has complicated the return-to-office plans of JPMorgan, Citigroup and Goldman Sachs.
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