#1. HSBC to cut office space by 40% - nearly halving all their office spaces in the coming years as one of the most radical calls on working trends in the wake of the pandemic
In a radical change, one of Europe’s biggest banks plans to cut their total office space in half over the coming years as the future of work continues to change following the pandemic, according to The Times. HSBC announced this week that they plan to vacate 40% of their office spaces in London and other cities around the world as part of their plan to cut costs and improve returns. Read more here.