Big tech, in Silicon Valley, the transition from office to smart work is not easy

Currently executives Twitter They can travel the world to work from any of the company’s 38 offices located in San Francisco, Sydney, Seoul, New Delhi, London and Dublin.

However, things are bound to change soon. On July 27, the company Send a note To the employees you have reported Office closing in San Francisco, abandoning plans for a new space in Oakland, California, and that the future of seven locations is being carefully considered as part of the cost reduction. The company also announced Resize Five other offices worldwide. The decisions are part of an effort to prepare the company for a takeover by Elon Musk and Reduce expenses as much as possible.

common direction

Twitter is not the first company to give up some of its offices. At the beginning of June, according to some rumors, Hey ho It was on the verge of He left California’s nearly 60,000-square-foot campus in San Jose, which was completed at the end of 2021. In the same month, howling she has announce It was about to introduce a total smart work system to all of its employees and it was going to close more than 40,000 square meters of offices in the United States. A week later, it was your turn Netflixwho mentioned Want to sublet? Over 15,000 square feet of California office space as part of the company’s larger downsizing. Similarly, in mid-July sales force put in Sub-leasing Half of its skyscraper in San Francisco.

According to Daniel Ismail, an analyst with real estate research firm Green Street, Twitter is likely to follow the path taken by many other companies in the sector: Even for tech companies, which have some of the highest earnings and valuations in the world, The office is still an expense, which may not be necessary in the future“.

On some of the major issues that are rapidly changing the future of the business world, the big tech companies have found themselves at the fore. of the possibility Work remotely from anywhereamong other things also adopted by Meta, to the tendency to spend less time in the office and more at home, Big tech companies are willing to experiment to a greater extent and upfront than traditional companies, also by virtue of the fact that these companies often develop the infrastructure and products that make remote work possible. In the United States, data from the Census Bureau of Labor shows that 27 percent of American workers withComputer and mathematics professions“He’s been working remotely for the past four weeks.”there pandemic Show that remote work is not only possible for many companies, but many employees really enjoy it and can be productive.Ismail explains: Not only do workers benefit from it, but they also benefit from it Higher Management. On August 2 financial times she has mentioned Instagram head Adam Mosseri is moving to London and will not be working from Meta’s California headquarters. Mosseri is following in the footsteps of colleagues such as Javier Oliván – who has been spending more time in Spain since replacing Sheryl Sandberg second in the Meta – and Jay Rosen, the company’s director of safety, who had plan to move in Israel.