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 | Nov 3, 2021
Fact sheets offer strategies to improve indoor air quality in schools
Center for Green Schools at USGBC document for people without a technical background.
Codes and Standards | Nov 2, 2021
Rapid acceleration of affordable housing development expected over next five years
Federal government programs will spur construction.
Codes and Standards | Nov 1, 2021
New bird-friendly technical design guide released
National Glass Assn. document offers design and installation best practices for glazing.
Codes and Standards | Nov 1, 2021
World’s first chief heat officer tackles how to protect Miamians from extreme heat
Focus on chronic exposure for outdoor workers and for those that can’t afford AC.
Codes and Standards | Oct 28, 2021
Design competition launched to show role of mass timber in decarbonization
Forest Service and Softwood Lumber Board will award $2 million in grants to winning teams.
Codes and Standards | Oct 27, 2021
Texas reforms series of contractor laws
Measures seen as making it easier to do business in the state.
Codes and Standards | Oct 26, 2021
Drownings during Hurricane Ida point out FEMA flood map flaws
Eleven people drowned in New York City in areas marked as low risk.
Codes and Standards | Oct 26, 2021
Dept. of Energy’s REScheck tool updated for the 2021 International Energy Conservation Code
Previous version incorporated 2018 code.
Codes and Standards | Oct 20, 2021
New York City passes overhaul of construction codes
Over 600 major changes along with thousands of smaller updates slated for 2022.
Codes and Standards | Oct 20, 2021
One-quarter of U.S. critical infrastructure at risk of failure due to flooding
Police and fire stations, hospitals, airports, and wastewater treatment facilities face threat.