Remote work risks wiping $800 billion from the value of office buildings in major cities, highlighting the potential losses that landlords are facing from post-pandemic changes in employment trends.
Those same managers are rallying to get people back into offices to mixed results. Some staff will come back but others are quiting to go and work for remote businesses. The next 3-5 years are going to be interesting.
Ftfy - Irrelevant industry failed to adapt to technology available for decades thanks to overall ineffective managers in businesses.
Sure, that doesn’t change the economic fallout from this maladaptation though.
Those same managers are rallying to get people back into offices to mixed results. Some staff will come back but others are quiting to go and work for remote businesses. The next 3-5 years are going to be interesting.