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London’s Flexible Office Market Is Recovering, Rubberdesk Report Reveals

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Rubberdesk’s June 2022 London Flexible Office Space Report has shown that the flexible office market is recovering in London. With many businesses looking for easy access to transportation for their staff, prices for offices near most tube stations are expensive. The cost to rent a permanent desk in London increased 3.4%

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Layoffs Will Hurt Office Usage In 2023

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The office market is in flux once again as companies turn to layoffs, second-guess remote work policies and seek to right-size expenses on the eve of a recession. According to a new report from Commercial Edge, layoffs will hinder the number of office-using employees, particularly amongst the tech industry.

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Many Employees Literally Cannot Afford To Return To The Office And Employers Are Considering Picking Up The Tab

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Inflation is at a 41-year high and soaring gas prices are taking a toll across the country, with hourly workers bearing the brunt of these challenges — 81% reported that record gas prices have made it hard to pay other expenses. . In May 2021, commuter expenses accounted for only.23% 23% of all claims.

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Discover The Hottest Markets For Hot Desking

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The Coworking Insights 2022 Hot Desk Price Index Report analyzed data from more than 172 countries to see how price competition is changing. . The global annual hot desking price change between 2021-2022 was +9%. . The global annual change between 2021-2022 was +9% . Here’s how the continents compare by monthly average: .

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Manhattan Office Demand Is Falling, New Construction Could Increase Availability

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Office leasing usually sees an uptick in growth during this time of year, but a new report shows that Manhattan’s activity has fallen to its lowest level since April of 2021. . According to new data from Colliers, office leasing activity fell 7% from October and 50% from November 2021, indicating cooling demand. .

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Monthly Prices For Hot Desks In Coworking Spaces Grew 9% Worldwide

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Coworking Insights’ latest report shows that monthly prices for hot desks grew during January 2021 and January 2022. . The fourth annual 2022 Hot Desk Price Index Report, which compares the pricing of desks across 19,500 coworking spaces in 172 countries, revealed that the average monthly cost grew by 9% worldwide. .

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More tech layoffs? Lenovo will make “workforce adjustments” to cut costs

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What’s going on: Lenovo’s struggles have taken their toll, despite the company’s best attempts to paint a rosy picture in their latest financial reports. billion, with actual revenues being reported as $15.3 billion, with actual revenues being reported as $15.3 The post More tech layoffs?

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