Re:Nearly 12M Square Feet of Vacant Office Space in S.F
by bradleyjg on Monday October 26, 2020 @09:07AM
(#24895725)
My guess is two primary factors:
1) size
Non-linear diseconomies of scale mean that all other things held equal smaller companies are more likely to be able to pull it off than larger companies
2) first mover / selection
I’d guess that there’s a relatively small fraction of employees that can be competitively productive in an indefinite WFH scenario. Companies that were always remote first and got there before everyone else were able to pick off these outliers. Companies trying to convert to it have the luck of the draw and further as the market saturates everyone will have a harder time chasing after these few.
1) size Non-linear diseconomies of scale mean that all other things held equal smaller companies are more likely to be able to pull it off than larger companies
2) first mover / selection I’d guess that there’s a relatively small fraction of employees that can be competitively productive in an indefinite WFH scenario. Companies that were always remote first and got there before everyone else were able to pick off these outliers. Companies trying to convert to it have the luck of the draw and further as the market saturates everyone will have a harder time chasing after these few.