Meta, Microsoft Vacate Offices In US Over WFH, Massive Layoffs: Report

in officespace •  2 years ago 

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Microsoft spokeswoman said that the decision to purchase City Center Plaza was part of an ongoing review of the firm’s real estate portfolio. This evaluation aimed to "ensure we provide exceptional places to work and foster greater collaboration and community among our employees."

The City Center Plaza decision comes amid massive renovations of Microsoft's Redmond campus. Part of this project will be completed in 2023. The daily newspaper stated that Friday's news is a further negative for the Seattle office market, which is struggling against economic headwinds as well as the slow return of remote workers.

SOURCE LINK-- https://worldinformationblog01.blogspot.com/2023/01/meta-microsoft-vacate-offices-in-us.html

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