What’s the purpose of the office – and do we still need it?

What’s the purpose of the office – and do we still need it?

As the world grapples with the new normal of remote work, the relevance of traditional office spaces is being questioned. Let's delve into the original purpose of the office and explore whether it still holds significance in today's digital era.

Remote work is both possible and profitable

A survey of close to a million US workers at Fortune 500 companies showed that productivity remained stable or increased after employees began working remotely.

LendingTree’s newly renovated office

The company’s new office in North Carolina is a “resi-mercial” blend to create a new type of environment for returning workers

Collaboration happens naturally when people are together

There will always be a benefit to sharing physical space with colleagues

What exactly those people missed about the office

Socializing

In 15 years’ time, we may do most of our work alone behind our screens

But no matter how digitally dependent the future is, we’re still social creatures, and a physical office – in some form – still serves a purpose

Demand for office space is up 43% since the pandemic

Firms are moving to a “hub and spoke” model

The open office will likely be over

Workers need more diverse spaces to work on their own, both for their health and productivity

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