Most major global companies no longer plan to reduce their use of office space after the coronavirus pandemic, though few expect business to return to normal this year, a survey by accountants KPMG showed on Tuesday. From a report: Just 17% of chief executives plan to cut back on offices, down from 69% in the last survey in August. “Either downsizing has already taken place, or plans have changed as the impact of extended, unplanned, remote working has taken a toll on some employees,” KPMG said. Many offices in London, New York and other Western cities have been empty for months after health authorities ordered staff to work from home where possible, but the roll-out of vaccines means some firms are now planning for a return. Most chief executives said they wanted vaccination rates to exceed half the population before they started to encourage staff back to the office — a target which is close to being met in Britain but remains distant in much of Europe. More than three quarters of chief executives also wanted the government to encourage people to return to offices before employers themselves started to request it.

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Source: Slashdot – Major Employers Scrap Plans To Cut Back on Offices