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Office Workers

All articles tagged with #office workers

technology2 years ago

Tech Layoffs Continue to Plague Bay Area, Google Included

Google and Nextdoor are laying off 200 employees, reducing their workforces by 25%. However, tech layoffs have been on a decline since January, and economists remain optimistic about the sector's recovery. Despite concerns about the slow return to working in the office, new job opportunities in AI, clean energy, and electric vehicles are helping those laid off find work. The decline in office workers has negatively impacted small businesses and restaurants that rely on their patronage. The future of office work and its impact on retail demand remains uncertain.

business2 years ago

Downtown Pittsburgh Sees Near Full Return of Visitors, Report Finds

Downtown Pittsburgh has seen a significant recovery in visitor numbers, with 1.7 million visitors in July, representing a 97% recovery rate from pre-pandemic levels. The Pittsburgh Downtown Partnership (PDP) reported that overall recovery, including office workers and residents, reached 81% compared to pre-pandemic levels. The rebound has been led by cultural amenities and events, with local tourism rates increasing by 116% and out-of-state tourism almost back to pre-pandemic levels. However, office worker recovery is still lagging, with only 63% of weekday workers returning to Downtown. Business leaders and city officials are in conflict over how to manage the recovery, with business leaders emphasizing public safety as a key factor in bringing workers back.

business2 years ago

Meta Mandates Three Days a Week In-Office Work for Employees

Meta, formerly known as Facebook, has announced that it will require its office workers to return to their desks at least three days a week starting in January 2022. The move comes as part of the company's shift towards a hybrid work model, which allows employees to work from home for up to two days a week. The decision follows similar moves by other tech giants such as Google and Apple, as companies seek to balance the benefits of remote work with the advantages of in-person collaboration in the workplace.

business2 years ago

Reimagining San Francisco's Future: Addressing the Impact of Remote Work on Tax Revenue.

San Francisco faces a potential "doom loop" as office workers continue to stay home, gutting the city's tax base and decimating regional transit systems. The city's economic recovery from the pandemic has been slow, with a record-high office vacancy rate and a projected $728 million deficit over the next two fiscal years. To combat this, the city is proposing public-private partnerships and streamlining the permitting process for small businesses and office-to-housing conversions. Without action, downtown San Francisco is at risk of collapsing and taking much of the Bay Area with it.