4 ms·
This argument may not realistically apply to larger companies in the same way, especially those that don't own their office spaces and have longer-term leases o
by relyks 3y ago
This argument may not realistically apply to larger companies in the same way, especially those that don't own their office spaces and have longer-term leases of 5-10 years or more. The dynamics are different for larger companies located in major city centers like NYC, where commercial leases tend to be longer term.
Smaller companies with shorter-term leases likely have more flexibility and control over their spaces, so the argument could hold more weight for them. Larger enterprises are more anchored to their existing offices and long-term leases, limiting their ability to quickly shed or change office footprints.