A third of firms to cut office space


A third of firms to cut office space

A new Grant Thornton study has found that more than a third of mid-sized firms are planning to reduce their office space – with the majority expecting to cut their office footprint by up to a quarter, and 12% of those planning cuts expecting to reduce floorspace by more than half. John Burgess from Grant Thornton said: “Our research shows that as home working becomes the norm, and demand for office space reduces, businesses will be looking to scale back their property portfolios and optimise spaces to suit new working models.”


Read more: Evening Standard

 

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