Corporate America Q2 2020: A Fly in Amber
With regards to office space decisions, a great freeze has settled over most of Corporate America in Q2. As decision-makers are faced with ever-changing data on public safety, timing the “Return-to-Office” has become a company-by-company decision with many only returning on a volunteer basis as of now. But the recurring theme among economists and surveys by peers such as Gensler is that return we will—the ‘office’ is not going anywhere. Indeed, 70% of respondents to Gensler’s May survey say they want to spend most of their week in the office. Only 12% of respondents said that they wanted to work from home full-time.
With regards to office space decisions, a great freeze has settled over most of Corporate America in Q2. As decision-makers are faced with ever-changing data on public safety, timing the “Return-to-Office” has become a company-by-company decision with many only returning on a volunteer basis as of now. But the recurring theme among economists and surveys by peers such as Gensler is that return we will—the ‘office’ is not going anywhere. Indeed, 70% of respondents to Gensler’s May survey say they want to spend most of their week in the office. Only 12% of respondents said that they wanted to work from home full-time.