
The rise of remote work is significantly impacting the US office market, with San Francisco's office market experiencing particular difficulties. Green Street has highlighted a 'black hole' of remote work affecting office occupancy across the country. In response to the shift towards remote work, Dell, in a memo reported by Business Insider, has implemented a stringent return-to-office mandate as of February, penalizing remote workers with negative consequences for not complying. This marks a departure from Dell's previously flexible hybrid work culture, as noted by CGTNAmerica, reflecting a broader trend of companies reevaluating their remote work policies. Despite growing demand for work from home (WFH) options, some companies in Bengaluru, as reported by @deepikacariappa, have decided to maintain the status quo for now. Analysts suggest that the current cycle of office demand will differ from the past, as remote work is expected to continue acting as a long-term headwind on office demand.







How the tech downturn impacts the office market, the state of defense tech, and more startups to watch in the latest National Beat. https://t.co/0Rhv1TVmvv
US office occupancy faces 'black hole' of remote work, says Green Street @Reuters #CMBS https://t.co/sikBFxppLU
🚩 This cycle is likely to play out differently than previously as it will take a lot more new jobs to generate the same level of office demand as in the past because remote work will act as a long-term headwind on office demand. https://t.co/UZALryN4zC