A German bank says it's preparing for the worst property crisis since '08 as commercial real estate distress spreads

Tech Insider : Economy
apartment buildings skyscrapers
Deutsche Pfandbriefbank warned that the commercial real estate sector faces a crisis on par with the 2008 downturn.

Reinhard Krause/Reuters

US office buildings are facing a 30% price drop as remote work continues to upend the sector, Morgan Stanley says

Tech Insider
FILE PHOTO: A man walks past The Gherkin and other office buildings in the City of London, Britain November 13, 2018. REUTERS/Toby Melville/File Photo
FILE PHOTO: A man walks past The Gherkin and other office buildings in the City of London

Thomson Reuters

L'Oreal tells workers to come to the office on Fridays twice a month

Tech Insider
L'Oreal
L'Oreal is clamping down on work-from-home Fridays.

AFP / Stringer / Getty Images

The office meltdown will result in $1 trillion of losses, real estate billionaire Barry Sternlicht says

Tech Insider
Barry Sternlicht
Barry Sternlicht, Chairman and CEO, Starwood Capital Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 3, 2022.

PATRICK T. FALLON/AFP via Getty Images

Return-to-office mandates aren't making companies more valuable and productive, study finds

Tech Insider : Economy, Economy
worker with mask commuting into office

Halfpoint Images/Getty Images

The office apocalypse will see a wave of buildings demolished or converted to residential, New York City real estate exec says

Tech Insider
tall office buildings looming over above, the negative space between them forming a down-trending arrow in a red-orange sky

Marianne Ayala/Insider

The non-profit behind Wikipedia and a crypto exchange are among the top companies for work-from-anywhere jobs, with some paying over $100,000

Tech Insider
Young man drinking tea from a thermos and working on a laptop while sitting on the threshold of a camper in the forest.
Working remotely remains popular, particularly among younger workers.

Vadym Buinov/Getty Images

Remote employees are more likely to be laid off than in-office peers — but they quit more, too

Tech Insider
A businessman sits at his office desk, his forehead held in his hands, his elbows propped up on the desk before him, circa 1945. An ashtray and paperwork on the desk.
Remote workers are 35% more likely to be laid off than their in-office peers, The Wall Street Journal reported.

Archive Photos/Hulton Archive/Getty Images

I love my Stanley cup, and all of you are making me embarrassed to have one

Tech Insider : Economy, Economy
the author's pink stanley cup
My beloved Stanley Cup.

Juliana Kaplan/Business Insider

A manager earning $178,000 had her work-from-home request denied by a judge

Tech Insider
Signage for the Financial Conduct Authority (FCA), Britain's financial regulatory body, is seen at their head offices in London, Britain March 10, 2022.
The Financial Conduct Authority denied the request of a senior manager to work from home full-time.

Toby Melville/REUTERS

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