Twitter CEO Jack Dorsey recently informed employees that they will be allowed to work from home permanently, even after the COVID-19 pandemic subsides.
The move may be a harbinger of a new corporate mindset resulting from the pandemic. It doesn’t bode well for the commercial office market, some observers say.
The new normal for office space could become virtual, with companies retaining just a scaled-down home base dedicated to important meetings with clients and recruits. Prior to the pandemic, leased or company-owned offices may have been iconic buildings that bolstered the brand and prominence in the areas they occupied.
After the pandemic, office space may be viewed as an expensive budget line item that could be trimmed with little impact on operations. Many businesses, even those requiring high data security such as financial services firms, have made necessary investments in virtual infrastructure during the virus lockdown. The result has been a true distributed workforce that in some cases has been more productive.
Related Stories
Codes and Standards | Feb 12, 2018
Publication provides insight into managing risk of wind-borne debris damage
Explains how models and data are used to assess the risk of structural damage.
Codes and Standards | Feb 8, 2018
EPA’s Water of the U.S. rule delayed for two years while repeal sought
Controversial Obama-era regulation may never be implemented.
Codes and Standards | Feb 5, 2018
Astrophysicist turns his skills toward identifying and predicting location of vacant buildings
Project could help Baltimore and other cities redevelop blighted properties.
Codes and Standards | Feb 5, 2018
Denver’s new green roof mandate raises implementation policies
Voter initiative left many details undecided.
Codes and Standards | Feb 2, 2018
How workplace design can position financial services companies for success
HOK report examines forces reshaping industry.
Codes and Standards | Jan 31, 2018
California is the first state to phase out incandescent light bulbs
In two years, the rest of the U.S. will follow suit.
Codes and Standards | Jan 31, 2018
Automated tool assists in design of force transfer around openings
Engineered Wood Assn. offers free calculator and technical note.
Codes and Standards | Jan 31, 2018
First large-scale use of perovskite solar cells in office building slated for Poland this year
Skanska will integrate the technology into building facades.
Codes and Standards | Jan 29, 2018
Advanced Energy Design Guide for K-12 Schools to achieve zero energy
Publication is joint effort by ASHRAE, AIA, IES, and USGBC.
Codes and Standards | Jan 26, 2018
Flying drones while inebriated now illegal in New Jersey
Violators could be sentenced to six months in jail.
