"Five years since the adoption of the widespread hybrid and remote working models, a new regime is forming which has led to a permanent reduction in office demand." Moody's highlights the long-term impact of hybrid work on office space requirements.
"When explaining their return-to-office (RTO) mandates, companies tend to say it will boost productivity, improve work culture, and facilitate teamwork." These are common justifications for RTO policies but may hide deeper motivations.
"One in three reported that they were implementing RTO policies because of existing office lease agreements." This indicates financial factors are driving many companies back to the office.
"Some experts, however, have characterized RTO mandates as a method of reducing headcount while avoiding the costs associated with layoffs." This suggests that RTO policies might be used strategically in organizational restructuring.
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