HSBC To Cut 40% Of It's Office Space To Save The Climate, New Hybrid Working Model
HSBC to abandon 40% of its office space in a new hybrid working model.
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So the push now is emptying out the office buildings and it's in full swing in cities like NYC. You would think Wall Street abandoning Wall Street would be front-page news but these days it's more of a, meh. The funny thing is this is perfectly aligned with "the plan" and the Davos crowd said it would take the involvement of private corporations. The effects of commercial real estate in some of these high rent areas are clearing out which could lead to an even faster exodus
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