Pinterest said it expected to incur between $100 million and $125 million in charges related to the restructuring plan. The office space reductions are expected to be completed in 2023.
Pinterest will pay nearly $100 million to consolidate its office space in a newly announced restructuring ... “We made the decision to strategically reduce our square footage in select locations ...
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Nearly half of respondents said they will reduce office space by the end of 2025, while a further one in seven have already downsized since the start of the pandemic. The research estimated that ...
The work is not inspired to bring people back to the office, just make the office space better, said Kieran Sherry, senior vice president for corporate real estate for the insurance and financial ...
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Finsum: Office REITs have been crushed amid high rates and corporations reducing office space with occupancy at 50% of pre-pandemic levels. FINSUM is the market leader in financial news summaries.
In a nationwide survey of more than 10,000 U.S. workers, 60% said those who work more in the office are more likely to be successful in their jobs. In addition, 83% said integrating a new team ...
NASA Completes Heart of Roman Space Telescope’s Primary Instrument Want the latest space news? Get it in your inbox. When will SpaceX launch Starship? As soon as it's known we'll let you know ...
Nasdaq-listed IT software firm Cognizant said on May 4 that it will give up 80,000 seats, or 11 million square feet in office space, primarily in large Indian cities, as it looks to rationalise ...
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