Organizations say they plan to both cut and optimize space to accommodate hybrid work
A decrease in average office utilization suggests that office attendance has plateaued.
What is the current office utilization rate?
As of 2023, the average office utilization rate in the Americas is 31%, which is significantly lower than the pre-pandemic global average of 64%.
How are organizations planning to adjust their office space?
Organizations are planning to cut and optimize their office space, with 75% indicating they will reduce their office space in 2024. They are focusing on new performance metrics like utilization rates and employee sentiment to guide these decisions.
What are the new office design concepts being introduced?
The four new office design concepts include: the Boulevard, which focuses on a thoroughfare connecting collaboration points; the District, an activity-based setup for shared desks; the Plaza, which emphasizes collaboration space; and the Park, designed primarily for training and events.
Organizations say they plan to both cut and optimize space to accommodate hybrid work
published by Verrex
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