Earlier this year, many companies closed their offices and shifted their staff to remote work due to health and safety concerns. And while remote work has been a mixed bag, it’s also proven itself as a viable model for companies in almost every segment of the market.<\/p>\n
That opens the door to a world of flexibility for companies going forward. But it also puts office buildings in real danger.<\/p>\n
Office building demand could wane to a dangerous degree<\/strong><\/p>\n When employees were first told to pack up their desks and work remotely back in February and March, many assumed it would last a few weeks. But now, nine months later, many companies are realizing remote work is a sustainable model, with the potential for major cost savings. If workers can maintain productivity from afar, businesses can spend less on office space.<\/p>\n A good 68% of large-company CEOs say they now plan to downsize their office space, according to a survey by KPMG. And that’s not just in response to the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":" Earlier this year, many companies closed their offices and shifted their staff to remote work due to health and safety concerns. And while remote work has been a mixed bag, it’s also proven itself as a viable model for companies in almost every segment of the market. That opens the door to a world of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[221,146,33],"tags":[147,39,85,88,56,3,95,115,35,14,17,13,16,12],"class_list":["post-386","post","type-post","status-publish","format-standard","hentry","category-coronavirus","category-custom-office-design","category-millennium-storage-and-interiors","tag-custom-office-design","tag-development","tag-google-offices","tag-home-office","tag-millenium-si","tag-millennium-si","tag-modern-office","tag-modern-office-design","tag-office-design","tag-office-design-solutions","tag-office-interiors","tag-office-partitioning","tag-office-refurbishment","tag-office-space-planning","post-preview"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/posts\/386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=386"}],"version-history":[{"count":1,"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/posts\/386\/revisions"}],"predecessor-version":[{"id":387,"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/posts\/386\/revisions\/387"}],"wp:attachment":[{"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.millennium-si.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}