• Home
  • News
  • Coins2Day 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
ConferencesCoins2Day Global Forum

No, offices aren’t going away—but they won’t be the same

By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
Down Arrow Button Icon
By
Jeff John Roberts
Jeff John Roberts
Editor, Finance and Crypto
Down Arrow Button Icon
October 27, 2020, 4:49 PM ET

The pandemic has led countless companies to introduce broad work-from-home policies, leading many to wonder if this will become a permanent arrangement. Why, after all, do companies even need physical spaces when technology like Zoom can bring workers together, and allow them to save on leases and office furnishings?

It turns out that predictions about the demise of the office are likely overstated. Two experts on the topics—Diane Hoskins, CEO of design firm Gensler, and Christian Ulbrich who leads the commercial real estate firm JJL—explained why during Coins2Day’s virtual Global Forum event on Tuesday.

According to Hoskins and Ulbrich, the office will remain a fixture of corporate life, in large part because many employees find a shared workspace to be energizing and a place they perform their best work. But that doesn’t mean the office will be the same when workers return.

The pandemic, as it has in so many other areas of life, has accelerated trends already underway. One of these involves rethinking how we build and design the places we work—especially in regard to the trend of open offices.

“There’s a real backlash against open work environments where there’s unassigned seating,” says Hoskins, who adds that complaints about noise have also been increasing during recent surveys of worker satisfaction.

The pandemic has already forced companies that have reopened to space desks farther apart to promote social distancing. But Hoskins says these firms should use this moment to recognize that, in the future, many workers will expect to keep the flexibility to work from home—but that some will do so much more than others. She notes that a good portion of workers will come in every day, while others will only do so a few days a week. Others, meanwhile, are likely to come in only a few days a month when they need to collaborate.

In response, Hoskins says firms should pay special attention to creating private, quiet spaces for those who need to do “focus work,” which Gensler surveys say accounts for 47% of people’s work week. Meanwhile, managers should also recognize that occasional office goers won’t need dedicated spaces in the same way as those who come in every day.

Ulbrich of JLL noted that technology has made dividing space much easier, pointing to apps that let employees reserve everything from desks to rooms to parking spaces. He added that the pandemic (and the risk of future ones) is forcing firms to pay more attention to ensuring fresh air and water in buildings—something that is already a preoccupation among companies in Asia, where pollution is more prevalent.

Both Ulbrich and Gensler also said worries about a collapse in commercial real estate are overblown. The reason, they say, is that fewer companies may be obtaining leases but their departures will be offset by other companies embracing “de-densification”—using more space for the same number of employees.

Ulbrich also rejected speculation that the pandemic could deal a blow to the vitality of cities, saying city centers have long been an essential place for collaboration and exchange of information—and will continue to be so. He also disputed the idea that companies will move their headquarters to the suburbs.

“The suburb concept is flawed because you don’t have all employees living in the same suburb. So what suburb do you want to use?” He asked.

About the Author
By Jeff John RobertsEditor, Finance and Crypto
LinkedIn iconTwitter icon

Jeff John Roberts is the Finance and Crypto editor at Coins2Day, overseeing coverage of the blockchain and how technology is changing finance.

See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.