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Google parent Alphabet took a $1.2 billion hit to exit office space last quarter

Por: MarketWatch Business February 03, 2024

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While many corporations have been downsizing their office footprints in the wake of the pandemic, big reductions in space from major technology companies can have an outsize impact. Momentum by companies to bring more staff back to their offices has been building. Still, Jones Lang LaSalle Inc. said in a fourth-quarter U.S. office outlook that office-space demand was still roughly 30% below pre-pandemic levels last quarter, due in part to a... + full article



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