September 1, 2020
It Appears that Companies Really Do Plan to Reduce Their Office Footprints

Two companies, both major players in their respective industries, in recent days have indicated that they are shifting their workforce policies to...

It Appears that Companies Really Do Plan to Reduce Their Office Footprints

At the start of the pandemic, landlords were unsure what to make of companies declaring that their employees were just as productive at home as they were at work. Now it is clear this is a viable trend.

August 27, 2020 | Erika Morphy | GlobeSt.com

Two companies, both major players in their respective industries, in recent days have indicated that they are shifting their workforce policies to emphasize working from home. 

JPMorgan Chase is one of these companies. Its employees will be working remotely part time, cycling between their homes and the office, Daniel Pinto, the bank’s co-president, told CNBC.  “Depending on the type of business, you may be working one week a month from home, or two days a week from home, or two weeks a month,” he said.

The other is Ford Motor Co., which is redesigning its office space for a future in which many of its employees will work remotely at least some of the time, Jackie Shuk, a global director at Ford’s real-estate arm, told the Wall Street Journal. 

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