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Half a Million Employees Will Be Forced Back to the Office by January

  • Approximately 500,000 employees will be required to return to the office by January, with variations in requirements among different industries. This decision comes after a previous return of one million employees to in-person work, signaling a potential reversal of the trend of reduced office space.
  • Office-using industries have increased their workforce but reduced office space, but this trend might pause as remote hiring decreases.
  • Office landlords, facing maturing loans and increasing vacancies due to expiring leases, are encouraging a return to the office.

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