Nobody goes there anymore: Silicon Valley office vacancies up as workforce stays home - Local News Matters
Briefly

"I'm calling it the paradox of 2024," Joint Venture Silicon Valley CEO Russell Hancock told San José Spotlight. "The paradox is that we have a growing economy and less need of space." This statement highlights the disconnect between economic growth and office space utilization, indicating a shift in work habits leading to higher vacancy rates.
"Now people have found that they can have it both ways, with the high pay and the opportunities and changing the world," Hancock told San José Spotlight. "They can do that, and they can live in a house. They can do both." This reflects the changing landscape of employment where remote work allows for more personal living choices without compromising career prospects.
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