Businesses aren't cutting office space despite remote work: BLS data

Businesses aren't actually ditching the office, despite remote work

conducted by Edelman Data x Intelligence in January 2021 found that"66% of leaders say their company is planning a space redesign for hybrid work."

Other data from BLS shows how the pandemic has impacted people's ability to work. The following chart using data from the Current Population Survey highlights the share of people teleworking because of the pandemic over time. It's important to note that although January's share looks higher than the end of 2021, BLS writes that"updated population controls are introduced annually with the release of January data.

suggests cuts in office space of 1% to 2% on average, implying that reductions relate to density instead of space.that encourage face-to-face collaboration, creativity, and serendipitous interactions," Harvard researchers wrote. "A reduction in surface area, and on-site people, means making every part of the space intentional," RJE researchers."From acoustics to mobile furnishings to sensors, every element needs to focus around enhancing collaboration from in-person interactions or creating the equivalent for remote teams."

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