Microsoft tries to dump S.F. office space amid tech industry cost-cutting::px-captcha
More companies should do this. The whole trend of companies building big campuses is so stupid and a waste of money and real estate.
Submitted 1 year ago by L4s@lemmy.world [bot] to technology@lemmy.world
https://www.sfchronicle.com/realestate/article/microsoft-office-space-s-f-18442968.php
Microsoft tries to dump S.F. office space amid tech industry cost-cutting::px-captcha
More companies should do this. The whole trend of companies building big campuses is so stupid and a waste of money and real estate.
These places are beautiful. They should be opened to the public. Or maybe we should fund the parks system to create something similar.
I think there are upsides and downsides to them, and I’d much rather work at and have to look at those, rather than miles and miles of soulless business parks or high rises, especially in areas where real estate isn’t at a premium.
Finally dumping something worth dumping.
Such a weird way interplay between real estate prices vs human capital. Like a company can afford either to fuck around with one cost, say expenses aligned toward real estate and all the trappings of a fancy office, or people…
Both together just seems too much…
Good luck dumping any commercial real estate right now. The new Google building in Austin is completely empty. You can see right through it.
Dump it and build public housing to accommodate their labor demand instead of useless and wasteful structures, the office needs to die.
qooqie@lemmy.world 1 year ago
Now all companies should cut their office costs because I sure as shit ain’t going back to office. It’ll also help bankrupt some landlords (I hope)
SinningStromgald@lemmy.world 1 year ago
A collapse of commercial real estate will do far more than bankrupt some landlords.
masterspace@lemmy.ca 1 year ago
Yeah, it will also lead to more vacant space in highly desired downtown cores that can be turned into residential units.
Exusia@lemmy.world 1 year ago
I know! Can’t wait.
Squizzy@lemmy.world 1 year ago
Things I couldn’t give a fuck about