Key Points
Once upon a time, the office was a second home for many...
As a response to this issue, some corporations are already jettisoning spaces theyve occupied for years; in June, global financial firm HSBC announced it will be trading in its 45-storey headquarters in east Londons Canary Wharf for a much smaller office in the city centre...
For instance, several companies with large footprints are taking advantage of other businesses downsizing by subleasing hundreds of thousands of square feet to firms looking for smaller spaces after vacating larger offices...
Hughes research shows only a third of workers will come into the office to do high-concentration work so offices will need more collaborative, community workspaces, like sofas, pods and breakout areas, rather than rows and rows of desks that workers may not be interested in filling...
Its too early to say if office buildings will stay empty, creating ghost towns across city centres, or whether well see these currently vacant spaces bustling once again whether with workers or residents..
