We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Big Tech Makes a Big Bet: Offices Are Still the Future
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Tech / Science > Big Tech Makes a Big Bet: Offices Are Still the Future
Tech / Science

Big Tech Makes a Big Bet: Offices Are Still the Future

By Editorial Board Published February 22, 2022 2 Min Read
Share
Big Tech Makes a Big Bet: Offices Are Still the Future
00tech offices1 facebookJumbo

Smaller tech companies, given their financial constraints, might have to choose whether to invest in physical spaces or embrace a more flexible strategy. Twitter has continued to add offices in Silicon Valley, and video game developers like Electronic Arts and Epic Games have expanded in places like Canada and North Carolina. But others have cut back.

Zynga, a gaming company, offered up its 185,000-square-foot San Francisco headquarters for sublease last summer because it decided that shrinking its physical office and moving would make life easier for employees, said Ken Stuart, vice president of real estate at Zynga. Its new building in San Mateo, Calif., will be less than half the size.

“The reality is that people are frustrated by the commute and getting into the city, and also people feel like they can do better work by being hybrid,” Mr. Stuart said.

By contrast, the largest tech giants “have so much money that it doesn’t matter,” said Anne Helen Petersen, a co-author of “Out of Office,” a recent book about the remote-work era. Because of their huge budgets, Ms. Petersen suggested, such companies can continue constructing offices without worrying about how much money they stand to lose if the buildings become obsolete.

“They’re hedging their bets,” Ms. Petersen said. “If the future’s going to be fully distributed, ‘we’ll be setting up an apparatus for that.’ If the future’s going to rubber-band back to everyone back to the office, the way it was in 2020, ‘we’ll go back to that.’”

In Tempe, the two-floor WeWork co-working space at the Watermark, one of the premier office spaces, was buzzing with activity on a recent afternoon. Upstairs, Amazon has rented an entire floor.

TAGGED:Amazon.com IncComputers and the InternetCoronavirus Return to OfficeFacebook IncGoogle IncMeta Platforms IncReal Estate (Commercial)Renting and Leasing (Real Estate)Salesforce.com IncThe Washington MailWeWork Companies IncZynga Inc
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

keep protected round fireplace pits this fall

keep protected round fireplace pits this fall

Michigan
October 12, 2025
Palestinian woman, 12, dies after affected by malnutrition for months

Palestinian woman, 12, dies after affected by malnutrition for months

Huda Abu al Naja, a 12-year-old Palestinian woman who suffered from malnutrition for months, has…

October 12, 2025
Kate’s feedback on screentime hit a nerve throughout the UK – so what does science say?

Kate’s feedback on screentime hit a nerve throughout the UK – so what does science say?

The Princess of Wales touched a number of nerves this week when she warned that…

October 12, 2025
Native baker wins over stars of ‘Shark Tank’

Native baker wins over stars of ‘Shark Tank’

LANSING, Mich. (WLNS) — A chance in Las Vegas opened up new potentialities for the…

October 12, 2025
‘Injury has been executed’: Farming neighborhood responds to rumours of an inheritance tax U-turn

‘Injury has been executed’: Farming neighborhood responds to rumours of an inheritance tax U-turn

The price range should be greater than six weeks away, however rumours of U-turns and…

October 12, 2025

YOU MAY ALSO LIKE

Tom Hollander on AI actor Tilly Norwood : ‘Maybe I am not scared sufficient’

Tom Hollander says he is not apprehensive about AI actors changing actual ones and thinks the creation of artificial performers…

Tech / Science
October 11, 2025

Seniiors Unveils AI-Enhanced Senior-Care Platform Amid Rapidly Growing AgeTech Market

Reinforcing Seniiors’ leadership in digital senior care with data-driven automation and deep insights into the future of aging. NEW YORK…

Tech / ScienceTrending
October 10, 2025

Prince Harry and Meghan named Humanitarians of the 12 months

The Duke and Duchess of Sussex have been named Humanitarians of the 12 months for his or her charity work. Prince…

Tech / Science
October 10, 2025

Rishi Sunak employed as a senior adviser by Microsoft – however given stern warning

Former PM Rishi Sunak has been employed by tech big Microsoft.The ex-Tory chief, who stays an MP in parliament, has…

Tech / Science
October 10, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?