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2023-04-09 17:50:07

thevin on Nostr: Sure, WFH is affecting the office market. Though the greater short-term threat to ...

Sure, WFH is affecting the office market.

Though the greater short-term threat to office are accelerating job cuts, particularly among white-collar workers.

If we assume 1 employee = ~200 SF of office, a layoff of 500 = (~100,000) in net absorption.

This chart is tech alone.

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