Smaller tech firms, given their monetary constraints, might need to decide on whether or not to put money into bodily areas or embrace a extra versatile technique. Twitter has continued so as to add workplaces in Silicon Valley, and online game builders like Electronic Arts and Epic Games have expanded in locations like Canada and North Carolina. But others have reduce.
Zynga, a gaming firm, supplied up its 185,000-square-foot San Francisco headquarters for sublease final summer time as a result of it determined that shrinking its bodily workplace and transferring would make life simpler for workers, mentioned Ken Stuart, vp of actual property at Zynga. Its new constructing in San Mateo, Calif., will likely be lower than half the measurement.
“The reality is that people are frustrated by the commute and getting into the city, and also people feel like they can do better work by being hybrid,” Mr. Stuart mentioned.
By distinction, the largest tech giants “have so much money that it doesn’t matter,” mentioned Anne Helen Petersen, a co-author of “Out of Office,” a current e-book about the remote-work period. Because of their large budgets, Ms. Petersen recommended, such firms can proceed establishing workplaces with out worrying about how a lot cash they stand to lose if the buildings grow to be out of date.
“They’re hedging their bets,” Ms. Petersen mentioned. “If the future’s going to be fully distributed, ‘we’ll be setting up an apparatus for that.’ If the future’s going to rubber-band back to everyone back to the office, the way it was in 2020, ‘we’ll go back to that.’”
In Tempe, the two-floor WeWork co-working area at the Watermark, one among the premier workplace areas, was buzzing with exercise on a current afternoon. Upstairs, Amazon has rented a complete ground.
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