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 | Apr 25, 2016
San Francisco becomes first big U.S. city to require solar panels on new buildings
Pertains to commercial and residential buildings shorter than 10 stories.
Codes and Standards | Apr 25, 2016
GSA adopts SITES land development and management rating system
Federal agency will use for properties with and without buildings.
Wood | Apr 22, 2016
Revised 2015 Manual for Engineered Wood Construction available
American Wood Council Document offers design information for structural applications.
Codes and Standards | Apr 20, 2016
OSHA updates eye and face protection standards in final rule
Becomes effective April 26.
Codes and Standards | Apr 18, 2016
Efficiency finance pilot project to spur retrofits on existing buildings
EDF and PG&E team up on interest-free loans for qualified projects.
Codes and Standards | Apr 18, 2016
ASHRAE releases proposed energy standard for historic buildings
Designed to balance with preservation requirements.
Codes and Standards | Apr 13, 2016
Canadian city fines itself for failing to get a building permit for building renovation
Guelph, Ontario, will pay a $1,125 fine to the province.
Codes and Standards | Apr 12, 2016
Construction trade groups sue OSHA over silica rule
Cite concerns about technological and economic feasibility.
Codes and Standards | Apr 11, 2016
New LEED 2009 projects will have to meet increased minimum energy performance
New requirements went into effect April 8.
Wood | Apr 8, 2016
New LEED Pilot ACP designed to help eliminate irresponsibly sourced materials
Illegal wood is primary target to restrict illicit material in the supply chain.
