Half of big multinationals plan to cut office space in next three years

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Half of big multinationals plan to cut office space in next three years via IrishTimesBiz

Nearly half of the companies surveyed are also planning to change their headquarters in the next three years. However, a majority of smaller companies are planning to expand their office space.

Companies are taking different approaches to working from home. BlackRock, the investment manager, last month ordered all employees back to the office four days a week, following JPMorgan’s decision in April to ask senior staff to work in person full time.Listen |Roughly a third of companies have opted for fully or mostly in-person work, according to the Knight Frank research, which covered companies worldwide in industries ranging from tech to financial services.

 

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