"The Guru of Remote Work Declares: Return to Office Data Falls Flat as a Pancake"
According to Stanford professor Nick Bloom, leader of the WFH Research group, the latest data shows that the workplace has reached a new normal with remote work. Office occupancy has remained flat at around 45-50% in major U.S. metro areas, indicating that there is no significant shift towards returning to the office. The share of hours worked from home each week has stabilized at 25% since 2021, compared to 5% pre-pandemic. Bloom predicts that there won't be any major changes in the near future and emphasizes the importance of organizing hybrid work to balance administrative tasks at home and collaborative work in the office.