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JANUARY 18, 2024

This was exemplified last year with the launch of Google’s advanced AI model, Gemini, which is reported to have surpassed benchmarks of the popular OpenAI’s GPT-4 model. The job cuts reflect Google’s move to double down on AI, and this makes way for other large tech firms to do the same as more become reliant on AI initiatives.

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SEPTEMBER 7, 2023

The debate surrounding the ideal post-pandemic work environment has been heating up in 2023, with companies either switching between remote and hybrid work, or completely enforcing traditional office hours setups. According to LinkedIn’s latest Workforce Confidence survey , 18% of U.S.

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FEBRUARY 13, 2024

In 2023 experts in the report predicted that 62% of current task hours could be automated with existing technology — potentially rising to between 79% and 98% within the decade. According to the report, up to 1.3 This technological change is set to redefine job automation and skill requirements.

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OCTOBER 25, 2023

The latest findings from the CIPD’s People Profession 2023: UK and Ireland survey report, which surveyed 1,456 HR and workplace professionals across the UK, show that technology and hybrid working have had a significant impact on their roles and organisations.

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JULY 28, 2023

What’s going on: Litify, a comprehensive operating solution for the legal industry, has released the 2023 State of AI Report. This report presents findings from a survey carried out among legal professionals on the use and impact of artificial intelligence (AI) in the legal sector.

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JANUARY 16, 2024

According to a report published by the Daily Mail , data reveals employers tend to favor those who are physically present in the office — perceiving them as more committed and better networked than their fully remote counterparts. Fortune recently published a report citing research by the National Bureau of Economic Research.

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SEPTEMBER 11, 2024

The data presented below is a snapshot of a sector that has not only expanded, but is also influencing commercial real estate and future of work trends in a profound way. By 2030, 30% of all office space is projected to be flexible, which is a massive jump from just 2% in 2023 ( JLL ). increase from December 2023 ( CBRE ).

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JANUARY 11, 2023

Mental health and wellbeing will dominate conversations about the role of work in people’s lives this year, due in part to the effects of the global pandemic, as well as social and economic instability around the world, according to the latest megatrends report from UKG. Fostering agility.

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MAY 1, 2024

The company has capitalized on this success: it’s reported that Zoom generated $4.3 At the Zoomtopia 2023 event , the company unveiled its vision for the future of work, which places an emphasis on hybrid collaboration and new AI-driven enhancements for its software. billion in revenue last year — a 7.3% increase year-over-year.

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SEPTEMBER 11, 2024

British and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024 , but this hasn’t yet translated into improved productivity or digital maturity. The report claims that workers are wasting nearly two working days every week (12.6 A greater impact than in 2023.

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MAY 16, 2024

The shortfall identified by Deloitte presents unique opportunities for the CRE industry. The report projected that these kinds of strategies “could save the U.S. $50 A 2023 survey published by LinkedIn also shows how “green skills” are becoming more in demand among certain jobs in the global workforce.

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JUNE 22, 2023

billion in 2023, reflecting a 6.30% increase compared to the previous year’s reported figures. Stock Register reports that two consensus analysts have rated WeWork as a hold and two others rate it as a buy, presenting optimistic views of the company’s future. million, according to Stock Register.

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SEPTEMBER 21, 2023

CNBC reports that Ollolai has allocated over $20,000 to host 30 remote workers over the coming years. The village is also keen on hosting artists, writers, musicians, scientists, and academics who can contribute through lectures, presentations, or community projects. Each nomad will be provided with a one or two-bedroom home for a month.

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APRIL 18, 2023

Indeed.com reports that job postings that list relocation benefits have risen by 75% from February over the previous year. Additionally, ZipRecruiter reports that job ads with relocation money as a perk have doubled to 3.8 Why it matters: The new trend can be found on Job posting websites within the U.S. Relocations to the U.S.

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JULY 25, 2023

At the same time, office vacancies reached 25% in the second quarter, according to Cushman & Wakefield’s Q2 2023 Austin Office Report. A ccording to Kastle Systems data, the office-occupancy rate in Austin, Texas dropped from 68% in early March to 57% last week.

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SEPTEMBER 18, 2024

From August 2023 to August 2024, the percentage of employees working remotely at least some of the time increased from 19.5% This trend is supported by findings from the 2023 Global Traffic Scorecard by INRIX Inc. Among hybrid workers — those working remotely part of the time — the figure rose from 9.2%

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SEPTEMBER 5, 2024

While challenges undoubtedly exist, the future of work in 2030 presents a dynamic and exciting landscape. The Future of Work 2023 report by Infosys highlights the potential of diversifying talent pools, improving skills development, and using digital tools automation to generate substantial revenue and profit.

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JULY 28, 2023

In July 2022, the Student Borrower Protection Center released a report titled Trapped at Work: How Big Business Uses Student Debt to Restrict Worker Mobility detailing the issue. Asking employees to report on learnings, identifying ways to apply training experiences to improve their work performance, etc.,

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AUGUST 22, 2023

and Europe, announced today that it will launch its own virtual office space in the metaverse called the Clockwise Campus, as reported by Bdaily News. While the company claims they are launching the first ever office space in the metaverse, there are others who are experimenting with virtual office spaces as well.

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JUNE 7, 2024

The Federal News Network reports The Centers for Disease Control (CDC) and The Defense Logistics Agency’s (DLA) are both reeling-in workers using recent updates to their remote work policies. introduced the “Back to Work Act” (S. out of 100, which is a 2.3-point

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JUNE 26, 2024

Market conditions becoming increasingly fluid presents both challenges and opportunities for flexible workspace providers to increase revenues and enhance margins — if they know where to focus their efforts. Region-Specific Observations The Instant Group’s analysis of regional data from Q1 2023 to Q1 2024 provides intriguing insights.

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NOVEMBER 13, 2023

As reported by the Hartford Business Journal , IWG plans to expand its footprint from 16 to about 30 locations by the end of next year in Connecticut. The company’s expansion in Connecticut is a prime sample of markets on a global scale where IWG is present.

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JUNE 30, 2023

Peak occupancy tracks the number of employees physically present in the office at a given time, usually, this data comes from the busiest and most crowded parts of the day. Now, we’re halfway through 2023, but these numbers are flatlining. The NCCI reported that 75% of American workers had never worked remotely before Covid-19.

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OCTOBER 3, 2024

Research reported in the MIT Sloan Management Review suggests that 90% of CEOs and CFOs believe that improving their company culture would improve financial performance. The Power of Situational Expertise Weinberger and Zanini present a helpful example of how AI as an idea can aid an organization in its cultural learning process.

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Workplace Insight

FEBRUARY 14, 2024

The report claims that new approaches to the workplace will create new opportunities for the quickest and smartest to adapt. The weak 2023 investment market and an erosion of asset values will bring significant buyside opportunities for investors and occupiers taking advantage of higher yields and lower values during 2024.

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JULY 1, 2024

Over the past few months we have seen many articles in the financial press reporting the dire state of the CRE loan market. trillion as of October 2023, represent a substantial portion of the U.S. financial system. How much money is at stake? CRE loans, totaling approximately $3.5 banking sector’s assets. Of this amount, $2.7

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MARCH 13, 2024

But while most major UK cities saw a growth in commuters during 2023, London was a rare exception, with commuter numbers falling. Brits found ways to prioritise their spending and public transport presented a way to get on the move at a lower cost, allowing them to spend more supporting local businesses when they needed it most.”

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NOVEMBER 22, 2023

Statista reports the global artificial intelligence market is expected to reach a value of $208 billion USD in 2023 and $1.8 In fact, by 2025, AI should be responsible for creating nearly 100 million jobs (though they are sure to take a few along the way , other reports show). trillion USD by 2030.

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AUGUST 17, 2024

In 2023, 35% of digital nomads were freelancers or gig workers. MBO Partners also reports that in 2023, 36% of American digital nomads planned to spend more time in the U.S. According to Statista , the United States was home to 15 million digital nomads in 2021. rather than traveling abroad.

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JUNE 5, 2023

At 16, Penn was “commissioned to produce and animate the opening of the first ever digital report presented to Congress,” according to her website, which advocated for the construction of an American museum of women’s history in Washington, D.C. This article originally appeared in the May/June 2023 issue of SUCCESS magazine.

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AUGUST 10, 2023

Mostly onsite work has decreased from a high of 55% in November 2022 to 50% by January 2023, while remote work went from 25% to 28% in that time period, and hybrid increased from 16% to 18%. While this diversity can be an incredible asset, it also presents unique challenges in conflict resolution.

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AUGUST 22, 2023

Its present difficulties were not caused by a flaw in the business model, as Fortune magazine erroneously suggested a couple of months ago. In the first half of 2023, the delinquency rate rose from 2.75% to 4%. Nevertheless, an overall average office vacancy rate of around 19% for major U.S.

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FEBRUARY 15, 2024

However, the latest reports indicate a slackening of demand for suburban centers as well, at least for conventional lettings if not for flexible space, so it may be just a delayed reaction. Goldman Sachs is reported to have shrunk its CRE loan portfolio by 10% in 2023, though this still leaves it with $26 billion.

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DECEMBER 26, 2023

In fact, in a new Calendly report called the 2023 State of Scheduling , a survey revealed only 64% of workers at large companies have tried AI, yet 94% are curious about it. Others might even be called new terms, such as “futurists” or “future of work consultants,” among dozens of other labels. People want to understand AI.

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MARCH 13, 2023

Former journalist and television reporter Carson Quinn, in Austin, Texas, remembers how potential employers would sometimes cover her flights and hotels and occasionally provide a stipend for food—“but not always, and that subconsciously affected my decision on a role,” she says. Are they to cover parking, transportation, meals and hotels?

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FEBRUARY 20, 2024

The data shows managers are between a rock and a hard place A 2023 survey by Resume Builder found that 98% of managers disapprove of employees quiet quitting, and that same percentage also believed their direct reports should do more than the bare minimum. She points to a survey showing that 64.2%

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MAY 24, 2023

Envoy’s “ Return to the Workplace Report ” states that “63% of employees say flexibility would make them feel more empowered. In contrast, lunch services often require employees to be physically present at the office, making it less appealing for remote or flexible workers. It’s no surprise that flexibility is growing in importance.

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