Many tech sector occupiers have paused leasing decisions amidst economic uncertainty — resulting in no tech leases signed in Q3 — instead they are putting their unused office space up for sublease as they continue working remotely and look to cut costs.
Savills Pulse & Perspectives: Workplace
Tech companies fall into one of two categories: those that are creating workplaces for a desired future state, or those designing environments to accommodate current behaviors. While these are different approaches, they both reflect the tech industry’s penchant for letting individual company cultures guide workplace strategy versus adopting a cookie cutter approach sector-wide.”
- Johanna Rodriguez
Senior Managing Director, Occupant Experience