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Nearly Half of Downtown Pittsburgh’s Office Spaces Projected to Sit Vacant by 2028

Allwork

downtown Pittsburgh’s office market faces dramatic looming challenges related to office occupancy. According to a report published by the Pittsburgh Post Gazette , nearly 50% of the office spaces downtown could be sitting empty by 2028. Like other commercial real estate markets across the U.S.

Promotion 261
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New Pew Report Shows Stalled Progress For Women In U.S. Labor Force

Allwork

The data reveals significant strides in education as pay disparities and representation in leadership positions persist into 2024. According to the report, Women now constitute 47% of the U.S. It’s reported that women make up only 11% of Fortune 500 CEOs and 28% of U.S. civilian labor force — an increase from around 30% in 1950.

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Reporting on confidential Assistant tasks

Practically Perfect PA

Reporting on confidential Assistant tasks As an Assistant, it's not uncommon to work on personal projects for your Executive, such as travel planning for client meetings, drafting confidential reports or organising calls with direct reports, that may not be included in your team's regular reporting. However, [.]

Travel 130
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WeBroke! WeWork Announces Mass Lease Renegotiations While CEO Projects Optimism

Allwork

Amid staggering losses, speculation of bankruptcy , and still crashing stock prices, WeWork held a brief conference call with landlords Wednesday morning to announce it will renegotiate most of its leases, as reported by The Real Deal. This move is an effort to address its high leasing costs and exit underperforming locations, globally.

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McKinsey Report Forecasts Trillions in Global Economic Growth Driven by Generative AI

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What’s going on: Global consulting firm McKinsey and Company released a new report estimating that generative AI could add around $2.6-$4.4 The new report estimates that approximately half of today’s work activities could be automated between 2030 and 2060, with a midpoint estimated in 2045.

Learning 242
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A quarter of projects don’t meet their stated goals – but that’s not because of remote working

Workplace Insight

A quarter of all projects do not meet the business goals that their organisations set for them, according to research published by the Project Management Institute (PMI) in the 15th edition of its Pulse of the Profession report – The Future of Project Work. These projects account for a quarter of all budget lost.

Goals 111
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The Office Space Sector Is Projected To See A Strong Fourth Quarter In 2022

Allwork

Commercial real estate analysts at MyEListing.com recently conducted a report forecasting the future of the CRE market. . Their projections found that the CRE market will still be successful as it has been throughout the year so far, but will start to cool off as inflation persists and interest rates steadily rise. .

2022 307