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Rising Borrowing Costs and Tech Slowdown Trigger Dublin Office Market Crash

Allwork

In Meta’s “year of efficiency”, the company laid off 490 employees who were employed at its international headquarters in Dublin — almost 20% of the company’s entire Irish workforce. Additionally, the city has experienced a rise in borrowing costs. tech firms, such as Alphabet and Meta, reducing their footprint in the city.

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To Cut Costs, Companies Are Moving Away From The City

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Because of this — and high inflation — it seems that companies are moving away from city centers to be more cost effective. . The post To Cut Costs, Companies Are Moving Away From The City appeared first on Allwork.Space. It also has plans to reduce its real estate footprint in San Francisco. .

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Why Company Retreats are Worth Every Penny

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Company retreats can demonstrate a company’s commitment to its staff’s well being, showing that it values them beyond their professional contributions. Company retreats serve as a fertile ground for creativity and innovation, allowing ideas to flourish outside the confines of cubicles and conference rooms.

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Are Coworking Spaces More Cost Effective than Traditional Leases?

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comparing the costs of dedicated desk packages in coworking spaces with average office lease rates for a team of 10 over a one-year period. In 96% of the cities analyzed, coworking spaces emerged as the more cost-effective option. The post Are Coworking Spaces More Cost Effective than Traditional Leases?

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Employers Debate the Costs and Benefits of Covering Obesity Drugs

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While employee benefits are intertwined with health and wellness strategies, companies are reported to be taking a substantial financial loss if they cover obesity drugs like Novo Nordisk’s Wegovy and Eli Lilly & Co.’s The post Employers Debate the Costs and Benefits of Covering Obesity Drugs appeared first on Allwork.Space.

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Quiet Quitting is Costing the Global Economy Trillions

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What’s going on: Data published by Gallup reveals that “quiet quitting” is costing the world’s economy around an estimated $8.8 The trend emerged during the pandemic when companies struggled to hire enough people to handle increasing workloads. trillion per year.

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Redefining Employee Experiences: Why Leading Companies Prioritize EX Design

Allwork

Companies that want to win in the current talent wars would be wise to listen to the growing chorus of calls to embrace an employee experience design approach to managing their workers. One obvious reason is that customers represent potential future revenue, while employees represent costs.

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