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Silicon Valley offices less empty than other regions

Original post made on Dec 30, 2022

In the wake of the pandemic, Silicon Valley is faring better than other areas when it comes to office vacancies. Researchers say work culture decisions at major tech companies could change the dynamic.

Read the full story here Web Link posted Tuesday, December 27, 2022, 1:39 PM

Comments (2)

Posted by Bystander
a resident of Another Palo Alto neighborhood
on Dec 30, 2022 at 9:49 am

Bystander is a registered user.

Reading this, it is interesting that there is a lot that could have been included and not done so.

Many of the large tech companies have downsized and even more of them and the not so large are allowing their workforce to work from home, or at least part time. This means that those workers who work hybrid are unlikely to have permanent desk areas in their office, but likely to share space on an adhoc basis on the days they come in. The problems this cause range from employees wanting specialized keyboards or chairs which can't always find a solution, to not having enough space for all employees to sit and work on days when everyone does come in so end up sitting in conference rooms or break space!

Home offices are now in garages, garden sheds and guest bedrooms. Not quite sure how the tax people will now define home office but in the past it was deemed to not be shared space if used as a tax claim. Sharing with the lawnmower, the family cat and using the spare bed as counter space for printouts and charging devices are now common for the work from home brigade. Also the 9 - 5 work day is changing too, work can be done at any time even if the zoom meetings are scheduled. Emails being sent at midnight no longer mean proving to the boss how long you stay in the office before going home for the day, but most likely doing a couple of hours work after the kids have gone to bed and the home wifi is no longer weakened by streaming movies or video games.

Posted by Online Name
a resident of Embarcadero Oaks/Leland
on Dec 30, 2022 at 10:43 am

Online Name is a registered user.

The valley layoffs continue apace, with Google reported to be the next in line. San Francisco has 27% office vacancies, a number so high that Salesforce and others are starting to convert empty offices to residences.

Will Palo Alto do the same -- or will they continue to placate the construction/ developer forces by destroying our community, our retailers and our neighborhoods with their "build, baby, build" nonsense for workers who aren't here any more?

Any plans to revise the housing targets in the face of reality?

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