Software company LogMeIn had most of its 3,500 workers commute into the office daily before the coronavirus pandemic. Going forward, almost none of them will.
After seeing their employees could be productive at home, LogMeIn s executives in October introduced a long-term, remote-centric work strategy that will have roughly 3% of its employees coming into the office every day.
This strategy is leading LogMeIn to cut half of its 230K SF footprint in its Boston headquarters and about one-third of its worldwide office space. The decision we made to go remote-centric was one that was not made to solve for a short-term problem like the pandemic, but rather one that we believe reflects the way our employees want to work permanently, LogMeIn Vice President of Global Real Estate Andy Hook told
Before It Became the Norm, Which States Had the Most Remote Workers?
By Cameron Huddleston of GOBankingRates |
Along with the rise in unemployment, the U.S. has seen a surge of people working remotely as a result of the coronavirus pandemic. According to a Gallup poll, 62% of employed Americans say they have worked from home during the crisis. Despite the challenges of working from home, these Americans can consider themselves lucky to still have a paycheck coming in during these challenging times.
Even before the coronavirus struck, working remotely was a growing trend in the U.S. An analysis by FlexJobs and Global Workplace Analytics found that the number of people working remotely had grown 44% over the past five years. It had grown 91% over the past 10 years.
Economic, Technology
John Bleasby January 20, 2021
What is to become of vacant and under-utilized retail and commercial spaces across Canada created by the impact of COVID-19? It’s an unavoidable dilemma for owners and landlords and one that affects the building industry.
“When do you get to the point when you realize you need to make a change?” asks Altus Group director Alan Waggoner. In particular, he points to declining cash flows and changing market conditions affecting the success of older assets.
Small businesses are already struggling as government-mandated shutdowns roll across the country once again. However, even big box stores are witnessing a decline in activity. Curbside pickup simply can’t make up for the loss of business when customers can no longer roam the aisles and turn instead to the internet.